Sets objectives, targets and strategies of the Section in support of the goals and objectives of Accounting and Finance Department.
Oversees the following general accounting activities:
Posting, recording and analysis of premium collections;
Analysis of bank balances and preparation of bank reconciliation statements;
Monitoring of investment accounts; and
Recording, monitoring and analysis of general and administrative expenses.
Prepares, maintains and reconciles financial reports and/or ledger accounts such as but not limited to trial balance, balance sheets, profit-and-loss statements and journal vouchers.
Checks, verifies and recommends for approval various Journal Vouchers and Check Vouchers/Orders of Payment including its supporting documents.
Monitors cash position to ensure sufficiency of funds to meet operational requirements.
Monitors the Company’s investments, assesses investment structures and recommends appropriate strategies to maintain liquidity and control risk and interest rate sensitivity.
Prepares/generates the following :
Monthly Mancom Reports;
Reports involving Anti-Money Laundering Act (AMLA) such as Covered Transaction Reports and Suspicious Transaction Reports;
General Ledger of all bank transactions for bank reconciliation purposes;
Annual budget for General Administrative Expenses;
Provides assistance in the following:
Preparation of schedules and other reportorial requirements for external auditors and regulatory bodies, i.e., Bureau of Internal Revenue, Insurance Commission (IC), Philippine Insurers and Reinsurers Association (PIRA) ;
Evaluation of reserves for the Actuary; and
Preparation of business plans
Handles the issuance of Stock Certificates of the Company.
Monitors regularly the performance of the Section versus plans, budgets, and standards, analyzes deviations, pinpoints areas for improvement and directs appropriate courses of action to ensure prompt and proper solution.
Directs, guides, trains, motivates and evaluates performance of staff directly supervised.
Promotes staff development to support and ensure proper identification of key talents and create development plans for staff advancement.
Ensures coordination and harmonious working relations between/among the staff within the Section and with other work units of the Company.
Formulates monitoring systems and control measures to improve processes and efficiency of the Section.
Ensures adherence of staff to all Company policies, procedures and controls.
Performs other duties as may be assigned by the immediate superior.
Job skills and qualifications:
Candidate must be a Certified Public Accountant (CPA).
Minimum of 10 Years work experience in related field; at least three (3) years in a supervisory or managerial capacity
Excellent communication and interpersonal skills
Proficient in Microsoft Office applications and accounting software and databases
Highly analytical and keen on details and accuracy