Channels & Revenue Accounting Supervisor

Posted 5 Days Ago
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Tarlac, Central Luzon
3-5 Years Experience
Food
The Role
The Channels & Revenue Accounting Supervisor is responsible for ensuring accurate revenue recognition in compliance with accounting standards, analyzing pricing structures, collaborating on invoicing and commissions, and conducting sales data analysis. The role includes improving accounting processes and preparing reports for management while ensuring compliance with financial regulations.
Summary Generated by Built In

Company Description

Aboitiz Foods is an integrated regional food and agribusiness company dedicated to creating a high-performance culture anchored on our time-honored values of Integrity, Teamwork, Innovation, and Responsibility. Through the collective strengths of our subsidiaries, Pilmico and Gold Coin, we believe in sustainably feeding Asia’s growth from mill to meal. 

We are constantly improving and optimizing our processes by integrating the value chain around Asia. We leverage our sector expertise and capabilities to deliver quality every time. With our world-class technology and culture of constant innovation, we devote ourselves to serving you better.

At Aboitiz Foods, we embrace change and inspire innovation, leading the way in food and agribusiness solutions. Join us as we shape the future of food in Asia and build a culture where, together, we nourish the future.

https://www.aboitizfoods.com/

Job Description

  • Revenue Recognition: Ensure accurate and compliant revenue recognition in accordance with accounting standards (e.g., GAAP / IFRS). Analyze contracts and sales agreements to determine proper revenue recognition methods.
  • Pricing Analysis: Evaluate product and service pricing structures to ensure they align with production costs and market conditions. Provide insights on optimal pricing strategies to maximize profitability.
  • Sales Data Analysis : Provides comprehensive analysis on sales, channels and products/sku’s including related revenue mixed and key value drivers. Identify trends, patterns, and key performance indicators (KPIs) to evaluate the effectiveness of sales strategies
  • Sales Transaction: Ensure the accuracy and completeness of sales transactions and its proper classification of revenue and sales-related expenses.
  • Sales Order and Invoicing: Collaborate with the Sales and Credit & Collection teams to ensure timely and accurate invoicing of customers for products and services delivered.
  • Commission & Incentives Calculation:  Collaborate with Sales and Sales Support for the timely and accurate calculation and recording of commissions and incentives based on sales performance or commitments.
  • Data Integrity: Ensure the accuracy and integrity of revenue and sales data by conducting regular audits and implementing data validation processes.
  • Budgeting and Forecasting: Assist in the development of revenue forecasts to support budgeting and financial planning activities.
  • Process Improvement: Continuously improve revenue and sales accounting processes, methodologies, and tools to enhance accuracy and efficiency. Collaborate with cross-functional teams to streamline processes, reduce inefficiencies, and enhance cost-effectiveness throughout the organization.
  • Management Reporting: Ensure the timely, accurate and thorough preparation and submission of revenue and sales reports to management and related Balance Sheet schedules to support the preparation of financial statements. Highlight key insights, performance metrics, and actionable recommendations.
  • Compliance and Regulations: Ensure compliance with revenue recognition standards and financial reporting regulations. Stay updated on financial regulations and industry best practices related to revenue recognition and ensure adherence to relevant standards.

Qualifications

Education:

  • A university degree holder with discipline in accounting, business, finance 

Experience:

  • Minimum of 3 years relevant work experience in revenue and sales accounting 
  • With at least 3 years relevant work experience in people management

Other Requirements:

  • Knowledge of accounting principles and procedures in relation to inventory and costing
  • Ability to communicate well, both written and oral
  • Ability to establish effective interpersonal relationships with stakeholders
  • Ability to work independently and as part of a team in a fast-paced environment
  • Advance proficiency in Microsoft Excel and other financial analysis software
  • Detail-oriented with strong analytical skills

Additional Information

  1. Willing to work in Bamban, Tarlac
  2. Hybrid work set-up

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The Company
Taguig City, National Capital Region
645 Employees
On-site Workplace

What We Do

PILMICO FOODS CORPORATION, the food and agribusiness subsidiary of Aboitiz Equity Ventures, is considered as one of the largest flour milling companies in the Philippines. We are primarily engaged in the manufacture of wheat flour and wheat by-products and have been ranked among the top three domestic flour producers in terms of sales. We import both soft and hard wheat, the primary raw material for our products, from the United States and Canada. All our flour products are fortified with Vitamin A and Iron, and certified with Halal and Sangkap Pinoy seal. Through our Research and Training facilities located in Luzon and Mindanao, we also offer technical services and bakery trainings to meet the needs of our stakeholders. Our products are distributed all over Philippines through distributors and dealers. We have also expanded the reach of our flour products to the ASEAN region, exporting to countries like: Vietnam, Thailand, Malaysia, Myanmar and Hongkong. True to our brand promise of being Partners for Growth, we advance our business and communities by providing business solutions and building partnerships for growth

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