Treasury and Inventory Audit Officer/BS Accounting grad 2 …, Manila

Treasury and Inventory Audit -

Accounting Graduate

Must have 1-2 years experience

must have experience on Treasury and Inventory Audit

Salary Offer: Php 25, 0000 - Php 26,000 / Month

Job Description:

1. Record and reconcile inventory transactions, including purchases, transfers, adjustments, and disposals.

2. Maintain accurate inventory records in the ERP or inventory management system.

3. Conduct random inventory counts and audits, investigating discrepancies and resolving issues.

4. Assist in the month-end and year-end closing processes related to inventory accounts.

5. Prepare reports related to inventory

6. Monitor inventory valuation methods such as FIFO, LIFO, or weighted average.

7. Collaborate with internal teams to improve inventory management processes and controls

8. Assist with internal and external audits related to inventory.

9. Maintain custody of the petty cash fund, ensuring it is accurately funded and accounted for

10. Document all petty cash transactions, including disbursements and replenishments, in a timely and accurate manner

11. Regularly reconcile petty cash balances with records and prepare reports to be submitted the 5th of every month

12. Review and verify petty cash requests for appropriate approval and supporting documentation before disbursing funds.

13. Safeguard petty cash, manage secure storage, and handle cash transactions professionally.

14. Ensure that the petty cash fund is liquidated within 24 hours, in case extension is required, pls secure approval from the management

15. Monitor and compare current and previous year payments for recurring expenses, such as government permits, insurance premiums, etc, and ensure that the current year's amount does not exceed the previous year's amount

16. Maintain a database of rental payments for SEG's offices, warehouse, etc., and update as needed.

17. Ensure all transactions comply with company policies and procedures, and maintain records for audit purposes.

18. Work closely with the accounting department to assist in financial reporting and audits as necessary

19. Assist in developing and updating policies and procedures to improve efficiency and effectiveness.

20. Support the overall objective and goal of the management.

21. Performs other tasks that may be assigned by the Management from time to time.