Accounting Manager

PHILIPPINE FISHING GEAR INDUSTRIES, INC; Philippines; On-site; PHP 800,000 - 1,100,000; Full time

Job summary

PHILIPPINE FISHING GEAR INDUSTRIES, INC. seeks an experienced accounting professional to supervise daily accounting activities, manage month-end and year-end closings, and ensure compliance with GAAP/IFRS across the organization.

You will lead a team of accountants, prepare monthly, quarterly, and annual financial statements, and deliver management reports with variance analysis. Collaboration with audits, budgeting, and regulatory compliance is required.

Qualifications

• Experience supervising finance functions.
• Strong knowledge of GAAP or IFRS.
• Excellent analytical and leadership skills.

Responsibilities

• Supervise daily accounting activities including accounts payable, accounts receivable, payroll, and general ledger functions.
• Ensure all transactions are recorded accurately in compliance with GAAP or IFRS.
• Lead the preparation of monthly, quarterly, and annual financial statements (balance sheet, income statement, cash flow).
• Prepare management reports including financial summaries and variance analysis.
• Manage month-end and year-end closing processes for timely completion.
• Review and approve journal entries, reconciliations, and accruals.
• Ensure timely submission of financial data to senior management and external stakeholders.
• Lead and supervise the team, providing guidance and training to junior accountants.
• Establish and maintain effective internal controls over financial reporting to prevent fraud.
• Assist with external and internal audits; provide supporting documentation on time.
• Support budgeting and periodic forecasts in coordination with other departments.
• Monitor financial performance against budget and analyze variances for senior management.

Skills

GAAP knowledge

IFRS knowledge

Financial reporting

Team leadership

Internal controls

Tools

Accounting software

Job description

• Supervise daily accounting activities, including accounts payable, accounts receivable, payroll, and general ledger functions.

• Ensure all transactions are recorded accurately in compliance with applicable accounting principles (GAAP or IFRS).

• Maintain accurate and up-to-date financial records, ensuring compliance with company policies and regulatory requirements.

• Lead the preparation of monthly, quarterly, and annual financial statements (balance sheet, income statement, cash flow statement).

• Prepare management reports, including financial summaries, variance analysis, and recommendations to improve financial performance.

• Manage the month-end and year-end closing processes, ensuring timely and accurate completion.

• Review and approve journal entries, reconciliations, and accruals.

• Ensure the timely submission of financial data to senior management and external stakeholders.

• Lead and supervise the team, providing guidance and training to junior accountants and staff.

• Establish and maintain effective internal controls over financial reporting and accounting processes to prevent fraud or inaccuracies.

• Ensure the organization complies with all regulatory requirements, including tax laws, accounting standards, and industry-specific regulations.

• Assist with external and internal audits, ensuring that financial data and supporting documentation are provided on time

• Set performance goals for the team and conduct regular performance reviews.

• Foster a collaborative and efficient work environment, ensuring the team meets deadlines and delivers high-quality work

• Monitor accounts payable and accounts receivable to optimize cash flow and minimize financial risk.

• Support the preparation of annual budgets and periodic forecasts, working closely with other departments.

• Monitor financial performance against the budget and provide variance analysis to senior management.

• Help identify cost-saving opportunities and areas for financial improvement.

• Ensure timely and accurate filing of sales, payroll, and income tax returns.

• Manage and optimize accounting software and systems to enhance financial reporting and operational efficiency.

• Continuously evaluate and improve accounting processes and workflows to drive efficiency and accuracy in financial operations