Accounting Supervisor

ComClark Network & Technology Corp.; Pasig; On-site; PHP 600,000 - 820,000; Full time

Job summary

ComClark Network & Technology Corp. seeks an accounting professional to prepare, review and analyze detailed schedules and reports for significant accounts, ensuring completeness and accuracy in line with current standards and timely submissions.

The role covers fixed asset management, inventory, intercompany, financing activities, system maintenance and financial reporting to support business decisions and compliance.

Qualifications

• Bachelor’s degree in accounting or related field and CPA licensure.
• Strong understanding of accounting standards and regulatory requirements.
• Proven ability to analyze financial data and meet strict deadlines.

Responsibilities

• Review project listings from subcontractors and reconcile with accounting data.
• Perform capitalization, retirement and disposal of fixed assets; report balances.
• Run monthly depreciation and prepare detailed supporting analyses.
• Review intercompany transactions and reconcile with related parties' books.
• Monitor debt-related activities and ensure compliance with contracts.

Skills

Strong analytical skills

Good verbal and written communication

Financial, risk & root cause analysis

Change management

Knowledge in financial technologies

Proficient in MS Office

Education

Bachelor’s/College Degree in Accountancy

Professional License (CPA)

Tools

Accounting systems

ERP systems

Job description

PURPOSE (why does the position exist, WITH what objectives and WITHIN what limits)

The position is responsible for preparing, reviewing and analyzing detailed schedules and reports of more significant and complex accounts, with the objective of ensuring the completeness and accuracy of these schedules, the appropriate recording and recognition of these schedules in the company’s books, in accordance with the current financial reporting standards and interpretations, and the timely submission of these schedules and reports, to both internal and external users.

MINIMUM REQUIREMENTS

Education

• Bachelor’s/College Degree in Accountancy
• Professional License (CPA)

Business Understanding

• Good knowledge and understanding of accounting standards, applicable rules and regulations
• General business industry knowledge and acumen

Technical Knowledge

• Strong analytical skills
• Good verbal and written communication skills
• Financial, risk & root cause analysis
• Change management
• Knowledge in financial technologies
• Proficient in MS Office

Behavioral Skills

• Strong interpersonal skills
• Result-oriented, resourceful and can work with minimal
• supervision
• Capable of meeting very strict deadlines and flexible to work in a
• Team-player with a good working attitude, commitment and
• dedication
• Keen attention to details

AREAS OF RESPONSIBILITY

Fixed asset management

• Review project listings from subcontractor, reconcile the project listings with the data generated from the accounting systems, and resolve issues or variances noted to ensure all project details and transaction are recorded in the books
• Perform capitalization, retirement and disposal of fixed assets and review of relevant supporting documents to report actual and reconciled fixed assets in the system
• Run monthly depreciation, prepare lapsing schedule and perform detailed analysis ensuring exceptions reflects valid business rationale.
• Corroborate analyses and results to other source reports (network rollouts, etc) enabling validity of qualitative and quantitative information of transactions.
• Initiate and assist in the preparation and execution of physical counts of assets with the objective of reporting and validating balances and existence of fixed assets as well as mitigating associated risks

Inventory management

• Obtain and review inventory schedules and perform movement analysis of inventory accounts to validate transactions and business rationale
• Initiate and assist in the timeline of inventory cycle counts, reconcile and perform variance analysis of actual count results with amounts per accounting system with the objective of reporting and validating balances and existence of fixed assets as well as mitigating associated risks
• Identify and raise issues with relevant departments (warehouse, procurement, operations, etc), and resolve the noted issues to minimize errors and risk over operational and financial recording and reporting

Review of intercompany accounts

• Obtain transaction listings, and review and ensure completeness of intercompany transactions based on the supporting documents and schedules to report the complete, accurate and valid intercompany transactions
• Prepare intercompany account reconciliation and matrix, and resolve issues and variances noted between amounts recognized in the company’s books versus the amounts recognized in the related parties’ books

Review financing activities and transactions

• Obtain and review loans schedule from Treasury department and reconcile with the amounts recognized per company’s books and documents, and resolve issues or variances noted to order properly report transaction related to financing activities
• Review and corroborate monthly amortization of the loans, recompute the finance costs, and reconcile recomputed balances over actuals to ensure reasonableness of transaction balances of loans and its interest component.
• Monitor compliance related to debt, financing and lending activities together with Treasury, to ensure the Company is in compliance on its contracts and agreements with financing institutions

Accounting system maintenance

• Identify and document accounting system issues encountered related to assets accounts to ensure accounting system is working as designed over the Company’s asset transactions
• Recommend improvements in system general controls, accounting system report generation and analysis enabling the system to meet the process owners’ needs over recording and analyzing transactions
• Ensure appropriate account codes are used and accounting system reports are utilized by the process owners enabling the system codes aligned to transactions data

Financial reporting and analysis

• Obtain and review schedules for all other accounts outside the scope of the analysts and specialist to ensure all accounts are reviewed by the group
• Initiate closing of books, ensure complete and sufficient supports and schedules are in accordance with current accounting standards and policies
• Corroborate analyses and results to other source reports (sales trend, forecast) enabling validity of qualitative and quantitative information of transactions.