Treasury and Inventory Audit Officer/BS Accounting grad 2 years experience

Dempsey Resource Management Inc.; Manila; On-site; PHP 279,000 - 290,160; Full time

Job summary

A resource management company in Metro Manila is seeking an Accounting Graduate for the Treasury and Inventory Audit position. The ideal candidate will have 1-2 years of experience in inventory management, including tasks such as reconciling inventory transactions and assisting with audits. The role requires strong attention to detail and compliance with company policies. A competitive salary of Php 25,000 - 26,000 per month is offered for this position.

Qualifications

• 1-2 years of experience in Treasury and Inventory Audit is required.
• Familiarity with ERP or inventory management systems is needed.

Responsibilities

• Record and reconcile inventory transactions.
• Conduct random inventory counts and audits.
• Assist in month-end and year-end closing processes.

Skills

Accounting principles

Inventory management

Audit processes

Education

Accounting Graduate

Job description

Treasury and Inventory Audit -

Accounting Graduate

Must have 1-2 years experience

must have experience on Treasury and Inventory Audit

Salary Offer: Php 25,0000 - Php 26,000 / Month

Job Description

• Record and reconcile inventory transactions, including purchases, transfers, adjustments, and disposals.
• Maintain accurate inventory records in the ERP or inventory management system.
• Conduct random inventory counts and audits, investigating discrepancies and resolving issues.
• Assist in the month-end and year-end closing processes related to inventory accounts.
• Prepare reports related to inventory.
• Monitor inventory valuation methods such as FIFO, LIFO, or weighted average.
• Collaborate with internal teams to improve inventory management processes and controls.
• Assist with internal and external audits related to inventory.
• Maintain custody of the petty cash fund, ensuring it is accurately funded and accounted for.
• Document all petty cash transactions, including disbursements and replenishments, in a timely and accurate manner.
• Regularly reconcile petty cash balances with records and prepare reports to be submitted the 5th of every month.
• Review and verify petty cash requests for appropriate approval and supporting documentation before disbursing funds.
• Safeguard petty cash, manage secure storage, and handle cash transactions professionally.
• Ensure that the petty cash fund is liquidated within 24 hours, in case extension is required, pls secure approval from the management.
• Monitor and compare current and previous year payments for recurring expenses, such as government permits, insurance premiums, etc, and ensure that the current year's amount does not exceed the previous year's amount.
• Maintain a database of rental payments for SEG's offices, warehouse, etc., and update as needed.
• Ensure all transactions comply with company policies and procedures, and maintain records for audit purposes.
• Work closely with the accounting department to assist in financial reporting and audits as necessary.
• Assist in developing and updating policies and procedures to improve efficiency and effectiveness.
• Support the overall objective and goal of the management.
• Performs other tasks that may be assigned by the Management from time to time.