Senior Accountant

Found in: beBee S PH - 3 weeks ago

Taguig City, Philippines Abbott Laboratories Full time

Position Title:  Sr. Accountant

Position Summary

Point-of-care diagnostics is a growing and dynamic industry helping to improve clinical and economic outcomes globally. Abbott brings you a variety of expert viewpoints on new innovations, insights, and impacts that are shaping the future of diagnostics. Abbott Rapid Diagnostics is part of Abbottâs Diagnostics family of businesses, bringing together exceptional teams of experts and industry leading technologies to support diagnostic testing which provides important information for treatment and management of diseases and other conditions.

This position Sr. Accountant is within our Global Business Services - Manila located at 11F Five Neo Building Bonifacio Global City, Taguig, Philippines. This role is responsible to support all activities surrounding the design, operation, documentation, and verification of financial processes, procedures, and controls. Responsibility includes test of controls pertaining to revenue.  This role requires strong analytical and investigative skills in conducting the periodic tests to ensure their accuracy and completeness; and good communication skills for relaying results, particularly in obtaining required supporting documentation or communicating necessary adjustments.

Duties and Responsibilities

A. Monthly Activities

  • Month-End close- preparation of multiple journal entries in QAD and/or SAP P01 + posting + sign off
  • Perform month-end closing activities and ensures that all activities are completed timely and accurately based on the Global Calendar and in accordance with agreed SLA
  • Assist in preparation of ARDx monthly financial reporting and tax packages
  • Perform bank reconciliation, monitors, and clear open items
  • Reconcile balance sheet account reconciliation
  • Monthly updating of Intercompany templates (International ARDx entities) + confirmation + any follow ups: this includes applying netting and issuing cross-charges invoices to other entities
  • Investigating any Intercompany mismatches on workday 2 (end of day) and workday 3
  • Loading trial balances for few ARDx entities
  • Fixed Assets â Maintain FA ledgers for addition, disposal, and transfers. Includes depreciation run and reconciliation between FA register and GL
  • Ensure compliance with SOX, internal controls, Abbott Corporate and division/department specific policies and procedures i.e. creating an audit list of journal entries posted in a month vs. JEs PDF sign offs + follow ups

B. Controls and Compliance

  • Monthly Controls Performance â perform internal controls review and complete documentation in accordance of Abbottâs requirements
  • Documentation of control procedure, workpaper for Revenue Global Oversight Control.

C. Quarterly/ad-hoc Activities

  • Participation in ongoing policy and control environment development to ensure compliance with applicable internal control regulations.
  • Identify process improvement areas and coordinate with Opex to translate ideas to action plan
  • Point of Contact for audit requirements and queries; Collaboration with external audit staff for periodic yearend review procedures and local statutory audits as required
  • Preparation or Review of SOPs based on changes on the process

Required Experience and Skills:

  • Bachelorâs Degree in Accounting or Finance; CPA is a must
  • 5- 8 years of finance professional experience in the field of accounting processes
  • Previous experience in General Ledger function is required
  • Bilingual â fluent in English and Korean language both in written and verbal communication skills are essential.
  • Ability to multi-task
  • With Controllership and legal entity management background
  • Experience in inventory management and product costing is an advantage
  • Excellent attention to detail and proven organizational skills
  • Highly motivated, reliable, accurate and able to work independently
  • Strong analytical and troubleshooting skills
  • Clear and demonstrated understanding of US-GAAP with ability to apply technical knowledge in a practical manner to day-to-day operations
  • Ability to demonstrate an understanding of good internal controls
  • Motivated, team-oriented, self-starter with the flexibility to work in a fast-paced environment with minimal supervision
  • Knowledgeable in Australian processes/regulatory requirements and QAD System is a plus
  • Exposure in Process Migration â documentation of work procedures, process standardization and process improvements

An equal opportunity employer, Abbott welcomes and encourages diversity in our workforce.

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