Accounting and Reporting Cluster Specialist

1 week ago

Manila, National Capital Region, Philippines JT International (Philippines), Inc. Full time

ACCOUNTING AND REPORTING CLUSTER SPECIALIST

The Accounting & Reporting team support a cluster of JTI entities on various IFRS and local statutory accounting activities. These include but are not limited to preparation and submission of accruals, preparation and submission of requests for fixed asset master data maintenance, submission of requests for GL account master data maintenance, preparation of monthly balance sheet reconciliations, monthly review of entity trial balance, preparation of quarterly IFRS reporting pages for submission to corporate accounting, preparation of tax package for submission to corporate tax accounting, preparation of statutory reporting for entities in the cluster, validation of invoices for VAT return submission and preparation of annual reporting such as CBCR and JCFC.

WHAT WILL YOU DO?

1.) IFRS and Statutory reporting

Analyze and prepare monthly accounting entries (accruals, reclassifications, prepaid expenses, fixed assets) based on principles agreed with the market and stipulated in SLAs.Analyze and prepare monthly balance sheet account reconciliations based on JTI IFRS accounting principles and agreed SLAs.Analyze and prepare quarterly / annual reports for group reporting based on JTI IFRS accounting principles and agreed SLAs.Work closely with market for statutory audit and financial statement / disclosure preparation 2.) Process DocumentationSupport the team manager and expert on regular review and update of process documentation (user manuals and process flow) 3.) Continuous ImprovementAchieve targets on operational metrics and KPIs;Extend knowledge of SAP, accounting/ tax and business processes to maintain high level of professionalism;Support process improvements, analyze their impact on groups activities in close collaboration with colleagues.Support the team manager and expert on user acceptance testings, as applicable. 4.) Control and CompliancePerform the assigned JSOX / operational controls in accordance with the internal documentation;Escalate all controls failures and ensure mitigation actions are in place for each failure. 5.) Business Partnering and Teamwork:Liaise with market/factory accountants and controller and other relevant departments to ensure delivery of reliable and relevant accounting information.Handle ad hoc tasks delegated by team manager and expert;Assist and provide support to other GBS groups within the area of responsibility;Take part in local and global projects upon assignment by Team manager and expert;Support on activities or training other Accounting and Reporting team members. WHO ARE WE LOOKING FOR?University degree holder (Accounting or Finance)A professional qualification such as CPA, ACCA or CIMA is desiredAt least 3 to 5 years of experience in finance/accounting department or external auditing firmsFinancial reporting background with IFRS is a plusStrong command of English Language (oral and written)Knowledge of languages of the markets within the cluster desiredStrong and solid background on general accounting principles including but not limited to intercompany, fixed assets, inventories, leases, receivables/payables and accruals.Strong background on financial reporting activities particularly on financial statement preparation, accounts reconciliation and management reporting packages.Experience in supporting internal and external audits including tax and statutory auditsWorking knowledge on IFRS, Tax and SOX complianceWorking knowledge of SAP is a plusWorking knowledge on Microsoft Applications. Intermediate level in Microsoft Excel is required.Experience in systems and shared service migration activities is a plusStrive for professional development and be results orientedCan work with minimum supervision but still adhering to the set deadlines and timelinesSolid analytical and problem solving skillsBe open minded, proactive, positive mindset and see the opportunities for changesAbility to work independently and as part of team and take on new tasks with medium to high level of difficultyAccuracy and attention to detailsExcellent working attitude and interpersonal skills WHAT'S IN IT FOR YOU?Be covered with medical insurance upon hiring, with dependent coverage and medicine allowance.Receive cash allowances such as meal and transport allowance.Flexible working arrangementsHave access to over 200 company trainingBe part of a truly international and diverse company with over 40,000 employees in 130 countries.Experience the culture of an Investors in People certified companyFind out why 9 out of 10 employees recommend us to a friend.Understand why 9 out of 10 employees say they feel free to be themselves What are the next steps – Recruitment process:

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