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Cogent Byte Systems

Accountant (Initially Home Based)

PHP 30,000 - 200,000 per month

Cogent Byte Systems

With business certificates
Established in 2017
Cebu City, Cebu
Posted on : July 17, 2020
Job ID : 362146


About Us
Cogentbyte is a Philippines based product development outsourcing company dedicated to providing quality solutions for software, firmware, hardware and project management needs.
We are looking for:
ACCOUNTANT (Initially Home Based)
Description of Role
  • Set up of an overseas accounting and supply chain facility from inception to fully operational business support service to include;-
  • Direct and oversee all financial activities, to include the preparation of current and forecast financial reports.
  • Support the business with supply chain activities
  • Develop and implement best in class controls and procedures.
  • Actively engage with cross functional teams to support the group business objectives.
  • Operate within the Company Values.
  • This role will develop over time. Initially this position will involve undertaking the transaction posting, then the role will grow with the applicant's ability and speed of learning to ultimately include the responsibilities identified.  In addition to finance this role will encompass the supply chain. Beginning with monitoring supplier performance and chasing deliveries this role will expand into supplier development and buying.  It is anticipated this will involve regular contact with the supply chain.  The applicant will over time recruit assistants to build a small team to facilitate the expansion of responsibilities.  The Group language is English and a good command of spoken and written English will be essential.
Duties and Responsibilities
  • Undertake all transaction processing, initially on the purchase side, extending to  sales
  • Support the Group FD in the preparation of budgets (zero based and scenario), monthly management information pack, forecasts and statutory reporting all in a timely and accurate manner. This includes 3 UK trading entities, and a consolidation including foreign trading companies within a 5-day reporting calendar.
  • Support the business with supply chain activities. 
  • Recording and reporting supplier performance, proactively monitoring and chasing deliveries to ensure continuity of supply, engaging with the supply chain to assist in supplier development, research and identify savings.
  • Contribute to the preparation of pricing, margin, and bid modelling.
  • Oversees all accounting procedures and systems used by the Company.
  • Ultimately managing a small team, overseeing their workload, development, and to be able and prepared to stand in when necessary. Operate a centralised accounting system, liaise with managers from all sites in the Group.
  • Review reports and analyse projections and long-term trends of sales and income, PPV, standard costs and overheads against actual figures and suggest methods of improvement. Hold monthly meetings with management to discuss the budgetary position and agree action plans where required, monitor and follow up.
  • Investigate variances against budgets and provide insightful analysis of differences with follow up action plans.
  • Maintain and report daily cash monitors and regular cash forecasts.
  • Maintain regular bank reconciliations and cash posting.
  • Preparation of payments.
  • Perform and maintain month end control accounts for Accounts Payable, Receivable, VAT, Fixed Assets, Intercompany and general ledger. Undertake and monthly reporting to banks, including Invoice Discount account reconciliations.
  • Credit Control, including follow up of outstanding debts and overseeing of invoicing.
  • Maintain vigil on stock control and valuation.
  • Preparation and adherence to sales and payroll tax compliance.
  • Oversee monthly and fortnightly payroll.
  • Any other duties as considered necessary as directed by the GFD.
Skills / Attributes Preferred
  • Qualified Accountant, ACA, ACCA with PQE gained in a manufacturing environment would be an advantage
  • Familiar with Group Accounting including consolidations and cashflow management
  • Experience of Zero Based Budgeting would be an advantage
  • Strong staff management skills.
  • Experience of working at a senior level within finance.
  • Excellent communication and team working skills with the ability to work with and
  • influence others within a culture of Continuous Improvement.
  • Strong IT skills including job costing systems and Microsoft Office.
  • Manufacturing/Purchasing experience is an advantage
Working Environment
  • You will be working in a small international team, but with interaction and participation within multifunctional teams alongside highly skilled and experienced team members.
Current Industries We Partner With
  • Medical
  • Semi-conductor
  • Nuclear
  • Defence / Aerospace
  • Oil & Gas

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