Responsibilities
- Manage and oversee the daily transactions, including accounts payable, receivable, general ledger, inventory, and bank reconciliations.
- Monitor and ensure the transactions with suppliers are as per the set terms & conditions and the related documentations.
- Supervise and support Operational Accountants on submission of relevant documents to Banks, Suppliers, etc.
- Monitor the accuracy of the daily sales summary report.
- Oversee invoicing and customer collections of the accounting team are as per set guidelines.
- Ensure to send the summary of Monthly Sales Report with Gross Profit Margin and its analysis.
- Monitor/check cost allocation for each item and their accuracy.
- Monitor the flow of petty cash funds and timely liquidations thereof.
- Monitor daily cash inflows and outflows.
- Check the bank reconciliation daily.
- Monitor the accounts of suppliers & customers and ensure its timely reconciliation.
- Monitor and verify approved quotations.
- Provide guidance to the accounting team and ensure to follow up on their tasks.
- Monitor and evaluate the daily work performance of the team members to assure the accomplishment of the department goal.
- Responsible for planning, organizing and implementing the function of the department
- Reconcile and monitor the inventory in the systems/software to ensure accuracy and make sure to report periodically to related authorities
- Prepare projected cash flow for the month and succeeding months.
- Monitor, track and report the achievements of Sales, Coordinate Export Sales and ensure to facilitate filing of Export documents.
- Provides financial analysis with an emphasis on capital investments, pricing decisions, and contract negotiations.
- Monitor the calculation & the compliance of approved commission structure for the Sales team.
- Oversees the production of periodic financial reports; ensures that the reported results comply with generally accepted accounting principles or financial reporting standards.
- Any other duties as assigned by the management.
Requirements
- Proven working experience as Accounting Head
- Advanced computer skills on MS Office, accounting software and databases
- Proven knowledge of bookkeeping and accounting principles, practices, standards, laws and regulations
- High attention to detail and accuracy
- Ability to direct and supervise
- Bachelor’s degree in Accounting, Finance, or related field.
- Excellent leadership and communication skills.
- Strong understanding of accounting, finance, and management principles.
- High level of efficiency and accuracy.
