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DAVAO



Duraboard Packaging Corp.

Finance Associate | Can Start ASAP

Duraboard Packaging Corp.

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


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