MYA EI PHYU

A. REPORT TO:

· Board of Directors

B. RESPONSIBLE FOR:

· Overseeing the accounting department, ensuring accurate financial reporting and compliance with accounting standards.

· Supervising a team of 7 employees.

C. AUTHORITY:

· Approve accounting transactions.

· Set accounting policies.

· Make strategic financial decisions.

D. ACCOUNTABILITY:

· Ensure the accuracy of financial records, transactions, and financial statements.

· Ensure compliance with accounting standards, tax regulations, and other financial reporting requirements.

· Assess financial risks and develop strategies.

Responsibilities

· Manage accounts payable, accounts receivable, the general ledger, and financial reporting.

· Develop and implement accounting policies, procedures, and controls to ensure accuracy and compliance.

· Oversee month-end and year-end closing processes, including financial statement preparation and reconciliation.

· Review and approve journal entries, adjustments, and reconciliations to ensure compliance with accounting standards.

· Prepare and analyze financial reports, budgets, forecasts, and variance analyses to support strategic planning.

· Coordinate with external auditors, tax authorities, and regulatory agencies for audits, tax filings, and compliance.

· Provide financial insights and recommendations to senior management, and mentor and develop accounting staff.

· Maintain accounting controls by preparing and recommending

Policies and procedures

Responsibilities

· Prepare full set of account for statutory and management reporting

· Ensure compliance with financial reporting standards

(P&L, Balance sheet, Cash Flow, Change in Equity, Disclosure ).

· Day to day finance and account operation (Review & approving payment Vr and Journal entries)

· Track payments and expenditures, including purchase orders and invoices.

· Conduct intercompany and bank reconciliations.

· Check and update Accounts Receivable and Accounts Payable.

· Stay updated on government laws and regulations.

· Estimate cash flow and approve purchase orders for operation.

· Maintain financial records for internal/external auditing and tax purposes.

· Conduct financial data and cost analysis.

· Report financial risks and budget discrepancies to management.

· Develop and maintain strong relationships with customer and suppliers.

· Attend conferences and training sessions to maintain proficiency.

· Verify and records for all accounting transaction

(Such as-Receipt, Payment, Purchase & Sales Invoice, Journal entries)

· Handling for Account Payable & Receivable

· Prepare and submit daily cash inflow and outflow statements to the CA.

· Conduct a monthly stock count for items

· Generate, audit, and send invoices to ensure a steady cash flow.

· Develop timing estimates for major cash outlays (taxes, fees, deposits).

· Handle monthly and annual closings.

· Ensure compliance with statutory requirements and filing due dates.