Position overview:
Reporting to the
Finance Manager, the Senior Accountant is responsible for managing the day-to-day finance and accounting operations, including entering journals, managing accounts receivable and payable, using financial technology systems, and other select finance-related administration. The Senior Accountant ensures timely reconciliation and reporting of all financial statements and prepares financial analyses for the Manager and other key stakeholders as requested; and maintains fiscal records. The Senior Accountant also implements and trains staff to use software that streamlines processes and improves distribution and accessibility of financial information
Main responsibilities include:
• Ensuring day-to-day transactions such as accounts payable, cash receipts and accounts receivable.
• Complete payment process: Check payment request, employee expenses, determine and complete recurring entry, write bank payment and achieve and storage expense claims/payment and receipts.
• Costing calculation for inventory monthly. Check the variable costs and fixed costs of the Assembly Plants to make sure the accuracy of inventory recordings and the company is using the effective resources in terms of material consumptions and other overhead expenses.
• Ensuring proper revenue and expense recognition.
• Performing timely and accurate month-end journal entries and balance sheet reconciliations (e.g., net assets, investments, revenue, expenses, payroll allocations, etc.), ensuring that accounting schedules are updated and accurate.
• Ensuring all finance and accounting operations comply with generally accepted accounting principles (GAAP) and federal and state laws and regulations.
• Assisting the Manager and in developing and monitoring departmental and organizational budget; assisting with monthly financial reporting needs.
• Performing fiscal year-end close activities and assisting with activities and requirements of external auditors.
• Communicating regularly with the Finance Manager.
• Continually seeking and implementing opportunities to streamline and improve finance and accounting operations through technology including training staff to better utilize financial and accounting software.
• VAT declaration/ WHT/CIT declaration.
• Update new Tax regulations, Establish and maintain an appropriate set of internal controls and guidelines in line with local tax regulations