You are here: Home > Accountant > Finance Associate | Can Start ASAP

Finance Associate | Can Start ASAP

No Experience

Duraboard Packaging Corp.

With business certificates | 11-50 employees
Davao City, Davao del Sur
Posted on : March 14, 2019
Job ID : 307455

Details

DURABOARD PACKAGING CORP.
 
Our growing company is in need of a:
 
FINANCE ASSOCIATE
 
Department: Finance Department
 
Position Type: Full Time - Regular
 
Job Category: Rank & File
 
Role and Responsibilities:
 
Basic Function
 
He/she is responsible for the ongoing analysis of process constraints, target costing projects, margin analysis, and tracing cost back to underlying activities.
 
Data Collection and Management
  • He/she is responsible to construct and monitor cost-effective data accumulation systems needed to provide an appropriate level of costing information management;
  • Create and review the controls needed for the data accumulation and reporting systems;
  • Acquire and evaluate different department’s process flow and suggest recommendations for improvement;
Inventory
  • Coordinate and conducts physical inventory count and cycle count;
  • Investigate cycle counting variances and resolve issues;
  • Update standard costs in the bill of materials;
  • Review standard and actual costs for inaccuracies;
  • Prepare and validate the cost of goods sold as part of the month-end close;
  • Accumulate and apply overhead costs as required by generally accepted accounting principles;
  • Work with Warehouse Officer & CEO to locate and dispose of obsolete inventory;
  • Journal entry of monthly cost of goods sold;
  • Annual inventory list for BIR compliance;
Fixed assets
  • Create and monitor a system of controls, procedures, and forms for the recording of fixed assets;
  • Recommend to management any updates to accounting policies related to fixed assets;
  • Assign property tag codes to fixed assets;
  • Record fixed asset acquisitions and dispositions in the accounting system;
  • Track the compilation of project cost into fixed asset accounts, and close out those accounts once the related projects have been completed;
  • Reconcile the balance in the fixed asset subsidiary ledger to the summary-level account in the general ledger;
  • Calculate depreciation for all fixed assets;
  • Review and update the detailed schedule of fixed assets and accumulated depreciation;
  • Investigate the potential obsolescence of fixed assets;
  • Conduct periodic physical count of fixed assets;
  • Recommend to management whether fixed assets should be disposed of;
  • Conduct analysis related to fixed assets as requested by the management;
  • Prepare audit schedules relating to fixed assets, and assist auditors in their inquiries;
  • Prepare property tax returns;
  • Represent the company during any audits by the government or banks that involved fixed assets;
  • Track company expenditures for fixed assets in comparison to the capital budget and management authorizations;
Analysis
  • Conduct ongoing process constraint analysis;
  • Planning, studying, and collecting data to determine costs of business activity such as raw material purchases, inventory and labor;
  • Analyzing actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs;
  • Maintaining Inventory Management System;
  • Assisting in month end close of general ledger, prepare journal entries as necessary, and analyze inventory valuation;
  • Provide clerical, administrative, special projects and other acts to support the management as requested
Qualifications and Education Requirements:
  • Graduate of BS in Accountancy/ Accounting Technology
  • Knowledge of relevant accounting and inventory software
  • Proficient data entry and management
  • Cost Systems background
  • Knowledge of general accounting procedures
Preferred Skills:
  • Proficient in MS Application
  • Good verbal and written communication skills
  • Organizing and prioritizing
  • Attention to details and accuracy
  • Confidentiality
  • Judgment
  • Analytical Skills and sound understanding of accounting principles
  • Information management skills
  • Problem analysis and problem-solving skills
  • Team work
  • Professional integrity
  • Ability to meet deadlines
Additional Notes:
  • Must be able to work under minimal supervision.
  • Able to work under pressure
Benefits: Upon Regularization
  • HMO (Maxicare)
  • Sick Leave
  • Service Incentive Leave
  • Internal and External Training


Applications for this job are now closed.
Click here to view similar jobs.

Updated Privacy Policy

Our updated privacy policy is easier to understand. To learn more about how we use your personal information, click here

X