Finance Assistant
Bataan 2020, Inc.
- Quezon City, Philippines226, Quirino Highway , Quezon City, Metro Manila, PhilippinesQuezon CityMetro ManilaPhilippinesPhilippines
- Full timeFULL_TIME
Expired 3 years ago
2021-03-09T16:00:00+00:00Job Description
- Handling of confidential information;
- Safekeeping of vault combination which should not be disclosed to anyone;
- Any confidential information learned should not be disclosed to anyone;
- Ensures daily deposit of collections;
- Scheduling of deposits and preparation of deposit slips which should be done before 10am;
- Confirmation of daily deposits, safekeeping of validated deposit slip and preparation of summary of deposit for the day that should be accomplished before noon;
- Notify AR and Sales group on collection and projected collection for the week every Monday during AR meeting;
- Safekeeping of Post Dated Checks;
- All post dated checks endorsed to finance department should be properly accounted for,kept in the vault deposit upon maturity; Ensure daily update of the PDC’s on hand & record should tie up with AR weekly report
- Responsible for the preparation of weekly cash budget and variance report
- Weekly reports should be submitted every Friday before end of shift
- Regular follow up of collections from Sales Department;
- Timely release of projected disbursement
- Regular reporting and feedback on budget vs. actual;
- There must be no bank overdraft;
- Responsible for the preparation of daily, weekly and monthly cash account reconciliations;
- DCPR should be accomplished before 5pm;
- Weekly cash receipts and disbursements should be accomplished every Friday, before end of shift
- Monthly bank reconciliations should be accomplished every 5th of the following month.
- Eventual generation of Daily, Weekly and Monthly bank reconciliation from the Platinum Software, showing outstanding and unreleased checks;
- Monthly Platinum entries should be accomplished every 4th of the following month
- Systematic processing of all payables;
- Foreign payables;
- Ensures that all Telegraphic Transfer Payments (payables under open account payment terms) are fully supported with documents;
- Ensures that dollar requirements for the week are met;
- Coordinates with Purchasing department on foreign payables.
- Prepares telegraphic transfer for approval and remittance to foreign supplier and sending of payment confirmation.
- Local checks:
- In coordination with the AP assistant, prior to check releasing, ensures that all checks for release are duly signed by the designated signatories;
- Ensures that all checks prepared are fully supported with documents and documents are stamped paid after check processing
- Safekeeping and monitoring of blank deposit slips and all other bank forms.
- Ensures availability of all bank forms at any given time;
- Ensures systematic file management;
- Practices 7S in his/her workplace;
- All files are properly labeled and filed;
- Provide complete lists of all files maintained (soft and hard files)
- For Baesa Buying:
- Safekeeping of cash provided for baesa buying station.
- Weekly reporting of cash movement
- Responsible for reconciliation of cash on hand and cash released
- Ensures timely liquidation of cash to avoid late processing and rush preparation of checks
- Performing other tasks which will be assigned from time to time.
Minimum Qualifications
- A graduate of Bachelors of Science in Accountancy
- Knowledgeable with Bank Procedures and Transactions
- Familiar with bank Officers and Bank Forms
- Computer Literate
- Knowledgeable with Accounting Software
- Knowledgeable with other currencies.
- Excellent in oral and written communication skills, highly motivated, aggressive and results-oriented.
- Keen on details, organized and flexible for all kinds of responsibilities.
- Can prepare accurate accounting entries.
- Can analyze and solve problems and with account balancing skills.
- Gets the job done with minimal supervision and able to work under pressure with time constraints.
- minimum of 2 years relevant experience in Accounting & Finance Function gained in manufacturing companies.
Jobs Summary
- Job Level
- Entry Level / Junior, Apprentice
- Job Category
- Accounting and Finance
- Educational Requirement
- Bachelor's degree graduate
- Recruiter response to application
- Sometimes
- Office Address
- Quirino Highway, Novaliches, Quezon City, Metro Manila, Philippines
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About Bataan 2020, Inc.
Bataan 2020 is a leading manufacturer of fine quality paper, board and tissue in the Philippines. The company is among the most diversified paper mills in the industry, producing grades in newsprint, printing and writing, packaging and tissue.
The company operates two paper mills in Samal, Bataan and Baesa, Quezon City producing a combined capacity of over 100,000 metric tons of paper per annum. It caters to the country’s leading newspaper & textbook publishers; notebook and stationary manufacturers, corrugated box manufacturers and tissue converters.
Proudly a green company, Bataan 2020 is registered under the United Nations Framework Convention on Climate Change (UNFCCC) as a producer of renewable energy. This contributes to the global reduction of carbon emissions, another environmental initiative apart from manufacturing recycled paper products.