Financial Consolidation and Reporting Specialist

2 weeks ago

Taguig, Philippines AboitizPower Full time
Job ID: 1252

Location: Taguig

Company: Aboitiz Renewables, Inc.

Department: ARI Finance & Investments

Employment Type: Probationary

Work Arrangement: Hybrid

Role Summary

Financial Consolidation Specialist ensures the accuracy and integrity of a company's financial data and reports. The position plays a critical role in ensuring accurate financial reporting and analysis for a Company with multiple subsidiaries and associates.

The primary responsibility of this position is to consolidate financial data from various entities within a Group to present a comprehensive and accurate picture of the Group's financial performance and position. The role requires ensuring that financial reports are accurate and comply with accounting standards and regulations as a publicly-listed conglomerate.

This position collects and review financial data from various sources, including subsidiary companies and departments, consolidate the data into a single report or financial statement, and analyze it for accuracy and completeness. The position also prepares financial reports for management, investors, and regulatory bodies, ensuring compliance with accounting standards and PSE/SEC rules. The position also implements and maintains financial consolidation and publication software systems, develop and implement financial policies and procedures related to consolidation, and provide training and support to other finance team members on financial consolidation processes and procedures.

Outcomes Expected And Responsibilities

  • Collection and review of financial information
    • The Specialist collects financial statements, reports and other relevant financial information from various sources submitted across the Group, such as subsidiary companies, joint ventures, associates and departments.
    • The Specialist reviews the collected financial statements, reports and other relevant financial information for accuracy, consistency and compliance with accounting standards and Company policies.


  • Consolidation
    • The Specialist performs consolidation of financial data into a single report or financial statement in accordance with accounting consolidation standards which involves among others: elimination of intercompany transactions, equity adjustments in relation to business combination, treatment of non-controlling interests, translation of foreign currency amounts into a common reporting currency and alignment of accounting policies.


  • Data Analysis
    • The Specialist performs analysis of financial data for accuracy and completeness, and resolving any discrepancies. The Specialist ensures that financial statement line items tie up with the relevant schedules and disclosures.


  • Preparation of financial reports
    • The Specialist in collaboration with the other BU accounting and finance team prepares the Group consolidated financial statements including Balance Sheet, Income Statement, Cash Flow Statement, Notes to Financial Statements and other financial reports for investors, management, and regulatory bodies. This also covers the preparation of Group financial reports for intermediate conso entities such as Therma Power, Aboitiz Renewables SPVs and the requirement of other layers and cross-ownerships.


  • Ensuring compliance with accounting standards and regulations
    • The Specialist ensures compliance with accounting standards and regulations as to the specific disclosure requirements in the notes to FS and SEC supplementary schedules.


  • Identifying trends and variances
    • The Specialist identifies trends, variances and irregularities and makes necessary recommendations. The Specialist provides explanations for significant fluctuations or anomalies.


  • Collaboration with other departments across the Group
    • The Specialist collaborates with other departments, such as Accounting Operations, Finance, Tax, Treasury and BU SPOCs to ensure accuracy and completeness of financial data.


  • Audit Support
    • The Specialist assist external auditors during the quarterly and year-end audit process by providing necessary documentation and explanations related to the consolidation process.


  • Implementing and maintaining financial consolidation and publishing systems
    • The Specialist assists in implementing and maintaining financial consolidation and publishing systems such as metadata update, account and segments mapping, updates of consolidation rules and other formula.
    • The Specialist develops and implement financial policies and procedures related to consolidation.
    • The Specialist provides training and support to other finance team members on financial consolidation processes and procedures.


  • Accounting Standards Champion
    • Ensures the compliance of Renewables group to accounting standards and organizes trainings and cascades to disseminate knowledge, templates and guidelines.
    • Ensures the alignment of the group to the accounting policies of the Parent company and harmonize the accounting treatment of all AP BUs to that of the Parent.
    • Manages the championing of selected standards across the group (e.g. Leases, Pension, Service Concession, Hedge etc.)

  • Financial Consolidation and Reporting Specialist

    2 weeks ago

    Philippines, Taguig AboitizPower Full time

    Job ID: 1252Location: TaguigCompany: Aboitiz Renewables, Inc.Department: ARI Finance & InvestmentsEmployment Type: ProbationaryWork Arrangement: HybridRole SummaryFinancial Consolidation Specialist ensures the accuracy and integrity of a company's financial data and reports. The position plays a critical role in ensuring accurate financial reporting and...

  • Financial Reporting Specialist

    7 days ago

    Taguig, Philippines DITO Telecommunity Corporation Full time

    OverviewThe Financial Reporting and General Accounting Specialist will be a key player in (1) delivering accurate and complete recording and reporting (2) designing processes for improvements and automation (3) collaborating with peers and business partners to work productively and in achieving common goal.FunctionsLiaise and collaborate with different...

  • Financial Reporting Specialist

    5 days ago

    Philippines, Taguig DITO Telecommunity Corporation Full time

    OverviewThe Financial Reporting and General Accounting Specialist will be a key player in (1) delivering accurate and complete recording and reporting (2) designing processes for improvements and automation (3) collaborating with peers and business partners to work productively and in achieving common goal.FunctionsLiaise and collaborate with different...

  • Financial Reporting Analyst

    2 weeks ago

    Taguig, Philippines Mccann Worldgroup Philippines, Inc. Full time

    Summary: The Financial Reporting and Compliance Analyst is responsible for the consolidation of financial results of the Agency's operations. The position can be regarded as the gate-keeper of balances thus ensuring completeness, compliance and accuracy of all financial reports. ESSENTIAL DUTIES AND RESPONSIBILITIES:Monitor and Review the Accuracy all...

  • Financial Reporting Analyst

    2 weeks ago

    Taguig, Philippines Mccann Worldgroup Philippines, Inc. Full time

    Summary: The Financial Reporting and Compliance Analyst is responsible for the consolidation of financial results of the Agency's operations. The position can be regarded as the gate-keeper of balances thus ensuring completeness, compliance and accuracy of all financial reports. ESSENTIAL DUTIES AND RESPONSIBILITIES:Monitor and Review the Accuracy all...

  • Financial Reporting Analyst

    4 weeks ago

    Taguig, Philippines ING Full time

    Financial Accounting & Reporting Specialist Overview: Global Finance Services (GFS) is the department responsible for the central processing and reporting of all accounting events globally related to the Financial Markets, Treasury, Lending and Payments Services of ING Bank. These activities are executed in both Amsterdam and Manila. The latter location is...

  • Financial Reporting Analyst

    1 month ago

    Taguig, Philippines ING Business Shared Services B.V. Full time

    Financial Accounting & Reporting SpecialistOverview:Global Finance Services (GFS) is the department responsible for the central processing and reporting of all accounting events globally related to the Financial Markets, Treasury, Lending and Payments Services of ING Bank. These activities are executed in both Amsterdam and Manila. The latter location is in...

  • Financial Reporting Analyst

    4 weeks ago

    Taguig, National Capital Region, Philippines ING Full time

    Financial Accounting & Reporting Specialist Overview: Global Finance Services (GFS) is the department responsible for the central processing and reporting of all accounting events globally related to the Financial Markets, Treasury, Lending and Payments Services of ING Bank. These activities are executed in both Amsterdam and Manila. The latter location is...

  • Financial Reporting Analyst

    3 weeks ago

    Taguig, Philippines ING Hubs Philippines Full time

    Financial Accounting & Reporting SpecialistOverview:Global Finance Services (GFS) is the department responsible for the central processing and reporting of all accounting events globally related to the Financial Markets, Treasury, Lending and Payments Services of ING Bank. These activities are executed in both Amsterdam and Manila. The latter location is in...

  • Financial Reporting Analyst

    4 weeks ago

    Philippines, Taguig ING Business Shared Services B.V. Full time

    Financial Accounting & Reporting Specialist Overview: Global Finance Services (GFS) is the department responsible for the central processing and reporting of all accounting events globally related to the Financial Markets, Treasury, Lending and Payments Services of ING Bank. These activities are executed in both Amsterdam and Manila. The latter location is...

  • Financial Reporting Analyst

    3 weeks ago

    Philippines, Taguig ING Business Shared Services B.V. Full time

    Financial Accounting & Reporting SpecialistOverview:Global Finance Services (GFS) is the department responsible for the central processing and reporting of all accounting events globally related to the Financial Markets, Treasury, Lending and Payments Services of ING Bank. These activities are executed in both Amsterdam and Manila. The latter location is in...

  • Financial Reporting Analyst

    3 weeks ago

    Taguig, Philippines ING Hubs Philippines Full time

    Financial Accounting & Reporting SpecialistOverview:Global Finance Services (GFS) is the department responsible for the central processing and reporting of all accounting events globally related to the Financial Markets, Treasury, Lending and Payments Services of ING Bank. These activities are executed in both Amsterdam and Manila. The latter location is in...

  • Financial Reporting Manager

    2 weeks ago

    Taguig, Philippines Golden Topper Group Inc. Full time

    Golden Topper is an emerging real estate developer whose mission is to redefine city skylines across the Philippines and innovate the real estate landscape with world-class residences. Armed with extensive experience and leadership in residential development abroad, Golden Topper aims to bring sustainable development, high-value properties, and innovative...

  • Financial Reporting Lead

    2 weeks ago

    Taguig, Philippines GCash (Mynt - Globe Fintech Innovations, Inc.) Full time

    About the G Nation: Do you want to take the first step in making Filipinos' lives better everyday Here in GCash, we want to stay at the forefront of the FinTech industry by creating innovative, meaningful, and convenient financial solutions for the nation! G ka ba Join the G Nation today!Responsibilities- Ensure all entries are posted to the general ledger...

  • Financial Analyst

    3 weeks ago

    Taguig, Philippines Gratitude Philippines Full time

    • Should have significant experience in Revenue Management, Reconciliations, Financial Reporting and Analysis• Will ensure approved Accounting and Administrative Controls are adhered to at all times• Will perform the activities of general accounting to ensure accurate and timely recording and reporting of financial information including development of...

  • Financial Analyst

    3 weeks ago

    Taguig, Philippines Gratitude Philippines Full time

    • Should have significant experience in Revenue Management, Reconciliations, Financial Reporting and Analysis • Will ensure approved Accounting and Administrative Controls are adhered to at all times • Will perform the activities of general accounting to ensure accurate and timely recording and reporting of financial information including development...

  • Financial Analyst

    3 weeks ago

    Taguig, Philippines Gratitude Philippines Full time

    • Should have significant experience in Revenue Management, Reconciliations, Financial Reporting and Analysis • Will ensure approved Accounting and Administrative Controls are adhered to at all times • Will perform the activities of general accounting to ensure accurate and timely recording and reporting of financial information including development...

  • Financial Reporting Lead

    2 weeks ago

    Philippines, Taguig GCash (Mynt - Globe Fintech Innovations, Inc.) Full time

    About the G Nation: Do you want to take the first step in making Filipinos' lives better everyday Here in GCash, we want to stay at the forefront of the FinTech industry by creating innovative, meaningful, and convenient financial solutions for the nation! G ka ba Join the G Nation today!Responsibilities- Ensure all entries are posted to the general ledger...

  • Financial Planning and Analysis Specialist

    2 weeks ago

    Taguig, Philippines AboitizPower Full time

    Job ID: 1313Location: TaguigCompany: Aboitiz Power CorporationDepartment: AP FA Financial Planning AnalysisEmployment Type: ProbationaryWork Arrangement: HybridThis position is responsible for the coordination and execution of internal financial reporting functions to all levels of Company's organization and providing assistance to the external reporting...

  • ANZ Financial Reporting

    5 days ago

    Taguig, Philippines JPMorgan Chase Bank, N.A. Full time

    Job Description :Are you looking for an exciting opportunity to join a dynamic and growing team in a fast paced and challenging areaFinancial Reporting is responsible for assisting clients meet their regulatory reporting obligations with respect to Accounting and Tax. It involves the preparation of a reconciled trial balance and subsequent set of Financial...