Cost Accounting Specialist (Automation Expert)

Manila City, Metro Manila
Permanent
Full-time

1 month ago

Background on what ING is aboutING Hubs Philippines (ING Hubs PH) is an international part of the ING organization delivering services to many Business Units across the world for both Wholesale Banking and Retail Banking activities. Working for ING Hubs PH means working with the most diverse workforce and where no challenge is the same.At ING our purpose is to empower people to stay a step ahead in life and business. We believe that sustainable progress is driven by people with the imagination and determination to make a better future for themselves and those around them.ING is changing what banking is. For you, that means plenty of opportunities for personal growth in a continuously evolving environment. If this is the environment you thrive in, then apply and join us in changing the future of banking!Cost Accounting SpecialistKey Responsibilities:Accounts Payable (AP)

Process accounting-related tasks such as invoice management, travel and expense reimbursements, and corporate card statements
Perform month-end, quarter-end, and year-end closing activities including journal postings and reconciliations
Distribute incoming invoices and ensure accurate posting to relevant accounts
Collaborate with internal and external stakeholders (e.g., Tax, HR, Finance Control, IT) to ensure timely payments and compliance
Support Payments Specialists by creating and implementing system requirements in response to regulatory updates
Contribute to operational process evaluations and test improvements for efficiency gains
Maintain updated work instructions and guidelines to ensure internal and external control compliance

Accounts Receivable (AR)

Reconcile the Receivables-Account daily, resolving discrepancies to maintain accurate financial records
Monitor and follow up on overdue invoices, executing the dunning process and sending reminders to external counterparts
Prepare and send daily A/R invoices to clients and other external stakeholders, ensuring accuracy and completeness
Book newly created A/R invoices to the Receivables-Account on a weekly basis
Maintain up-to-date documentation for financial reporting and audit readiness
Provide weekly updates on Knowledge Management reflecting the team’s current status

Automation & Data Expertise

Design Power BI dashboards to visualize cost accounting performance and support data-driven decision-making
Develop and apply Excel Macros for task automation, data analysis, and reporting efficiency
Engage in digital transformation initiatives to streamline manual processes and enhance accuracy
Utilize systems like SAP, PeopleSoft, and advanced Excel functionalities (pivot tables, formulas) to support operational workflows

Qualifications

Degree in Business Administration, Accounting, or Finance
At least 5 years’ experience in Accounts Payable and/or Accounts Receivable, preferably in a banking environment
Strong knowledge of accounting standards and regulatory compliance within the PH market
Proficiency in SAP, PeopleSoft, and advanced Excel
Excellent attention to detail, time-management, and communication skills
English language proficiency at C1 level; German at B1 (preferred)

ING

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