Accounting Supervisor

ACCOUNTING SUPERVISOR

Summary of Functions

An Accounting Supervisor checks and approves payables and expenses checks, costs amounts and invoices. The position entails generation of BIR Reports and income statements.

Functions:

1. Payables      

   • Checks and approves payables if documents attached are complete and makes sure every attachment is approved and with signature.

   • Makes sure costs amount used in the invoice is posted in the system and check if it coincides in the Alliance and Purchase Order.

2. Expenses

   • Checks and approves check issuance of expenses if attached documents are complete and makes sure every attachment is approved and with signature.

   • Checks if invoices used are subject for VAT and photocopies the same for BIR purposes.

3. A/R – Interbranch

   • Makes SOA for interbranch stock transfers and expenses.

   • Receives payments from interbranch and forwards the same to treasury for safekeeping and validates slips in the Alliance.

4. Travel Allowance

   • Prepares travel allowance budget and makes sure attachments are approved and liquidates the same after.

5. Tax Compliance

   • Prepares and process payment for Expanded Withholding Taxes based on processed rental, security, insurance, freight and handling, and bookkeeping to retainer per month per branch.

   • Prepares and process payment for VAT payable based on output tax (sales) versus input tax (purchases and expenses) per month.

   • Submits 2307 compliance to Tax Analyst monthly.

6. Profit and Loss Preparation

   • Checks and verifies all transactions related to income statement preparation, particularly all expenses for a particular month are completely processed, posted to Alliance and billed to interbranch (if shared), if not should be accrued.

   • Checks all posted sales, cost of sales and expenses if all are in ranged or in normal average percentage per account versus previous months to confirm reliability, verifiability and completeness.

   • Reviews, corrects and comments to irregular amounts of posted sales, cost of sales and expenses if there are any.

   • Finalizes the P and L report by checking if all totals are correct, all accounts are in their respective classifications and makes expense breakdown for those selected expenses and submits the same to the Accounting Manager.

Knowledge and Skill Requirements:

• A graduate of B.S Accountancy, license not required

• With at least 3 -year experience in Accounting functions

• With analytical skills and technical competence

• Knowledge in SAP, MYOB, Alliance System

• Proficiency with computers and bookkeeping software

• With leadership skills