General Ledger Accountant

Taguig City, Metro Manila
Permanent
Full-time

23 days ago

JOB DESCRIPTION:The General Ledger Accountant is accountable to perform/review the day-to-day shared services operations for the region including but not limited to: (a) period-end close and the associated reconciliations, TB analysis, accruals, amortization, Fixed Assets, Intercompany and other related journal entries; (b) preparation of monthly, quarterly, and annual compliance and regulatory reporting (c) provide support for audit related matters (d) monthly Balance Sheet Reconciliations, and (e) issue resolution. Work in close collaborations with the Asia Pacific Office of Ethics & Compliance (OEC) and escalation of violation incidences to OEC for further directives.Essential Functions1. Responsible for managing period-end close activities, to include but not limited to:

Preparation, analysis and posting of GL journal entries such as but not limited to accruals, prepayments, Interco related transactions, Fixed assets and any adjusting entries.
Review and reconciliation of intercompany accounts, involving communication with other Abbott business locations worldwide.
Preparation of monthly financial and trend reports, ensuring they completed in a timely, accurate and efficient manger
Preparation of multi-currency bank reconciliations
Support account inquiries and fluctuations for month-end accounting review
Own and maintain various reporting schedules required by our partners ensuring a high level of support and accuracy

2. Assist the Local Finance Stakeholders with internal or external audit requirement during periodic review procedures.

Provide supporting documents as required by the auditors in a timely, accurate and efficient manner.
Collaboration with Local Finance Stakeholders to ensure audit questions are addressed accordingly.
Provide oversight and support for responses to and remediation of audit findings as required.

3. Responsible in preparation of Balance Sheet Account Reconciliations

Ensure that all aged, open and reconciliting items are accounted for, and are adequately and reasonably explained.
Ensure that each BS recon can stand by itself; each BS recon has enough details and documentation

4. Participates in process improvement initiatives with the team and/or across organization.

Work closely with the project owners and/or other internal stakeholders to ensure implementation are within the targeted dates.
Enhancement of existing work schedules and development of new ones to ensure the most efficient completion of duties

5. Participates in the issue resolution

Provide resolution of escalated operational issues
Perform root-cause analysis and recommend preventive actions plans, update RAID log
Address and resolve escalated issues related to GL transactions
Ensure all resolutions comply with the internal policies, accounting standards and regulatory requirements.

Project Accountabilities / ScopeThe GL Accountant will participate in the testing and implementation activities to develop common end-state financial and accounting processes in support of their direct supervisor and the global process managers, e.g. RTR End to End Global Process Manager (GPM).Job QualificationsEducation & Experience

Bachelor’s degree in Accounting, CPA, MBA is a plus.
At least 3 years of RTR experience in a complex multi country, shared services environment
Experience in specialized accounting such as Treasury, inventory and product costing is an advantage.
Clear and demonstrated understanding of US GAAP with ability to apply technical knowledge in a practical manner to day-to-day operations
SAP or other enterprise systems experience advantage
Strong English communication skills and the ability to interact with internal and external parties at all levels. Korean or Japanese language skills a plus
Reasonable skill in Microsoft applications – excel, word and power point.
Team-oriented, self-starter with the flexibility to work in a fast-phased environment with minimal supervision.
Attentive to details with a desire in Continuous Improvement

The base pay for this position is N/AIn specific locations, the pay range may vary from the range posted.JOB FAMILY: Accounting & ReportingDIVISION: RMDx Rapid and Molecular DiagnosticsLOCATION: Philippines
Taguig City : Five/Neo BuildingADDITIONAL LOCATIONS:WORK SHIFT: StandardTRAVEL: Not specifiedMEDICAL SURVEILLANCE: Not ApplicableSIGNIFICANT WORK ACTIVITIES: Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day)

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