Investment Accounting Senior Specialist
1 month ago
About the Role:
Eteam Workforce Private Corporation is seeking an experienced Investment Accounting Senior Specialist to join our team. As a key member of our finance department, you will play a critical role in ensuring the accuracy and timeliness of investment accounting related entries and reports.
Responsibilities:
- Ensure completeness, accuracy, and timely delivery of various Investment Accounting related entries and reports for CPAIC and PALIC, including those relating to Unit-Linked Transactions, to address Local Management and Statutory requirements.
- Ensure that Investment transactions are properly booked in SHIP (Investment Accounting System) daily and reconciliation is performed monthly.
- Prepare a recording of journal entries in line with financial statement close process and deadlines.
- Prepare entries to record various cash transactions on Investment accounts.
- Prepare entries to record Investments of Life and GI (purchase, sale/maturities, interest collection and accrual).
- Prepare entries to accrual of collection fees and/or other fees as may be applicable.
- Obtain supporting documents with Investment Operations and/or Investment Team, especially in case of new Investment Funds.
- Assist/collaborate with other Teams to obtain support and/or in case of discrepancies or as needed.
- Prepare monthly reconciliation of Subsidiary ledger and General Ledger balances for accounts assigned to the Investment Team.
- Prepare various monthly and/or quarterly reports, as needed by the Management.
- Assist manager on the accounting impact of new Investment Portfolio.
- Assist manager on business requirements for new accounting standards, as applicable.
Requirements:
- Bachelor's degree in Accountancy, preferably CPA.
- At least 2-3 years of experience in Accounting, Financial Reporting, Investment Accounting, and/or in Financial Statements preparation.
- Knowledgeable in Philippines Financial Reporting Standards (PFRS).
- Able to work with cross-functional teams.
- Keen to details and highly committed.
- Proficient in Excel, and any accounting software.
Estimated Salary: PHP 85,000 - 110,000 per month, depending on qualifications and experience. This estimate is based on industry standards and the complexity of the role. Benefits include opportunities for career growth, professional development, and a dynamic work environment.
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