Financial Accountant – Temporary

Our client in the Manufacturing and Food/Beverage Sector, is seeking to hire a Financial Accountant on a three months contract.

Job Purpose:
To assist with the preparation and review of financial statements and associated reports and analyses which support sound decision-making and adherence to financial reporting, tax and other applicable regulations, while ensuring that the needs of internal and external stakeholders of the Company are adequately met.

Major Responsibilities and Accountabilities:

• Financial Statement Preparation
• Preparation of monthly management accounts in agreed format for review by the Financial Controller, and circulation to Executive Management and ASB Group by the 2nd working day
• Preparation of variance analyses providing explanations for both income statement and balance sheet, analytical reviews and reconciliations of income statement and balance sheet accounts for inclusion in monthly reporting to the Executive by the 2nd working day
• Detailed review of expenses prior to close-off to enable a quicker turnaround of month-end reports
• Daily posting of journals, cash receipts, AP etc. to facilitate preparation of the financials by the 2nd working day
• Ensures all Intercompany accounts are reconciled, adjusting entries passed and agreed with fellow subsidiaries prior to monthly close off.
• Preparation and Review of Account Reconciliations
• Preparation of all balance sheet reconciliations to ensure reasonableness, completeness and accuracy of reported values, as well as ensuring adjusting entries are accurately prepared and posted in the general ledger by stipulated due dates monthly or quarterly.
• Preparation all bank reconciliations monthly by the 1st working day of the following month and follow up to ensure that reconciling items are cleared in no more than one month
• Preparation of timely account reconciliations as per attached schedule to ensure reasonableness, completeness and accuracy of reported values, as well as ensuring adjusting entries accurately prepared and posted in the general ledger in a timely manner by the stipulated due dates monthly or quarterly
• Assist with the Preparation and Coordination of Audits
• Assist with the management of all tax-related audits (VAT or BIR)
• Supports the management of Annual Statutory Audits (interim and final), to ensure timely resolution of all audit-related matters, escalating to the FC as necessary
• Assist with the preparation of Financial Year End Audit schedules and files
• Responsible for bank and loan confirmations for external audit purposes
• Assists with the preparation of IFRS compliant Financial Statements with explanatory notes for year-end statutory audits and related reporting
• Tax the Preparation and Statutory Compliance
• Preparation of bi-monthly VAT returns and supporting schedules, ensuring VAT accurately calculated and relevant submitted to the revenue and paid on time
• Calculation of quarterly Corporation tax and Green Fund levy remittances and preparation of related payments to statutory bodies by the due date
• Performs other duties that may be required to enhance the operations of the Company.

Knowledge and Experience:

• ACCA or similar accounting qualification
• A minimum of three (2) years’ experience in a similar role
• Experience with integrated Accounting software package(s)
• Proficiency in Microsoft Office applications

Key Competencies:

• Excellent numerical and analytical skills
• Excellent attention to detail
• Strong organisation and administrative skills
• Strong verbal and written communication skills
• Must be flexible, honest and reliable

Relationships:

• Works closely with staff in Finance, Sales, Warehouse and Logistics
• Accountable to Financial Controller for provision of information and resolution of queries
• Interacts regularly with Banking Institutions and Group Companies

Key Performance Indicators:

• Customer Service
• Query resolution
• Reconciliations
• Reporting
• Quality of Work (accuracy, timeliness)