Principal Responsibility

 Responsible for keeping and maintaining the Accounting Records of the Company, assisting in the preparation of the monthly financial statements and other required management reports, timely filing of all tax returns and for assisting the Accounting Manager and the Comptroller in ensuring that the Accounting Department operates smoothly and efficiently.

Principal Functions and Responsibilities

• Financial Reporting

1. Reviews accounting and financial data/reports of the Accounting Assistants to ensure proper reporting of financial information in accordance to general accepted accounting standards.
2. Monitors, analyzes, and adjusts all General Ledger accounts with abnormal balances.
3. Checks, verifies, and encodes all adjustment entries before month end closing.
4. Prepares various schedules to support income statement and balance sheet accounts.
5. Assists in the preparation of month end reports and other required management reports.
6. Assists in defining reports that need to be automated.

• Accounting

1. Supervises Accounting Assistants to see to it that accounting procedures and systems are consistently implemented.
2. Prepare entries in the check vouchers, monthly closing entries, reconciling items and other relevant accounting documents.
3. Assist to attend to requests for financial information from internal and external users by providing them needed information and taking the necessary actions and ensuring timely resolution in accordance with established turnaround time (TAT).
4. Assist in setting up and formulates policies, systems, procedures, and workflow to form and update the operational manual for accounting department to facilitate the efficient and effective flow of transactions.
5. Assist in reviewing tax returns and reports prepared by the Accounting Assistant to ensure that all information is complete and correct.
6. Ensured the timely processing and filing of mandated government taxes, dues, and returns to eliminate the risk of paying penalties and surcharge.
7. Assist the Accounting Manager in working with external auditors to address audit findings with the objective of improving internal controls and operational efficiencies.
8. Preparation and Submission of ADHOC as deemed needed.

• Bank Reconciliation

1. Prepares monthly Bank Reconciliation reports which should be completed before closing the books.
2. Ensures that all bank transactions are identified on a daily basis.
3. Monitors used and unused check series and report any exceptions.

• Other Duties:

1. Enter the Monthly Premiums to the GJV
2. Enter Payroll Monthly to the GJV
3. Enter Claims Report Monthly to set up Claims Payable to the GJV
4. Enter Gaming Inventory Monthly to the GJV