Review & Posting of Transactions

• Review and approve journal entries prepared by staff.
• Check supporting documents for AP, AR, sales, and expense reports.
• Validate accuracy of entries before posting to the general ledger.

Team Supervision

• Assign tasks to accounting staff and monitor progress.
• Resolve staff queries and issues.
• Ensure compliance with accounting procedures.

Internal Compliance & Coordination

• Ensure daily transactions follow internal controls.
• Coordinate with operations, HR, procurement, sales, etc.
• Handle urgent management concerns.

Month-End Closing

• Ensure all transactions are recorded before cut-off.
• Review accruals, prepayments, depreciation, and adjusting entries.
• Close books on time.

Reconciliations

Review and approve:

• Bank reconciliation
• AR aging and reconciliation
• AP aging and reconciliation
• Inventory reconciliation
• Lapsing schedules (PPE, prepaid expenses)

Financial Statements & Reporting

• Prepare or review monthly financial statements, balance sheet, and income statement
• Prepare management reports and variance analysis.

Tax Compliance

Review monthly BIR requirements:

• VAT Returns / Percentage Tax
• Withholding Taxes (Expanded, Compensation, Final)
• Prepares Quarterly ITR

Ensure all remittances are paid before deadlines.

Internal Controls

• Monitor compliance with accounting policies.
• Identify process gaps and propose improvements.
• Ensure safeguarding of documents and data.