A leading chemical company in the Philippines is seeking an experienced Accounting Supervisor to oversee inventory accounting operations. The ideal candidate will have over 4 years of accounting experience, a strong understanding of GAAP, and proficiency in ERP systems. Responsibilities include supervising staff, ensuring accurate inventory management, and coordinating financial reporting. This role requires strong analytical and communication skills, making it ideal for professionals looking to excel in their careers.
Qualifications
4+ years of accounting experience, including 2 years in inventory or cost accounting.
1-2 years of supervisory or team lead experience preferred.
Strong understanding of GAAP and inventory accounting principles.
Responsibilities
Supervise and coordinate daily activities of inventory accounting staff.
Oversee month-end and year-end close processes related to inventory.
Ensure timely and accurate recording of inventory transactions.
Skills
Strong analytical skills
Organizational skills
Communication skills
Advanced Excel skills
Education
Bachelor’s degree in Accounting, Finance, or related field
Tools
ERP systems
Job description
Supervise and coordinate daily activities of inventory accounting staff.
Oversee the month-end and year-end close process related to inventory.
Ensure timely and accurate recording of inventory transactions, including purchases, transfers, adjustments, and write-offs.
Monitor inventory levels and discrepancies across all warehouses and outlets.
Develop and implement internal controls and procedures for inventory management.
Perform inventory reconciliations between the general ledger and sub-ledger or ERP systems.
Analyze inventory variances, obsolescence, and shrinkage, and provide recommendations for corrective action.
Collaborate with operations and supply chain teams to ensure inventory accuracy and efficiency.
Assist with internal and external audits by preparing schedules and documentation related to inventory.
Maintain accurate records for sales and accounts receivables
Reconcile Accounts receivable ledgers to ensure all payments are accounted for.
Ensure accurate and timely monthly, quarterly, and year-end close.
Monitor and analyze accounting data and produce financial reports or statements.
Establish and enforce proper accounting methods, policies, and principles.
Coordinate audits and prepare necessary documentation.
Train, mentor, and evaluate accounting staff performance.
Ensure compliance with all internal and external financial regulations.
Requirements
Bachelor’s degree in Accounting, Finance, or related field
4+ years of accounting experience, including at least 2 years in inventory or cost accounting.
1–2 years of supervisory or team lead experience preferred.
Strong understanding of GAAP and inventory accounting principles.
Experience with ERP systems .
Advanced Excel skills and proficiency in financial analysis.
Strong analytical, organizational, and communication skills.
Ability to work under pressure and meet deadlines in a fast-paced environment.