Financial Reporting Specialist

7 days ago


Quezon City, National Capital Region, Philippines Maynilad Water Services Full time
Job Description

The Financial Reporting Specialist is responsible for preparing and submitting monthly and quarterly financial reports and schedules to end-users, regulatory offices, and other stakeholders. This includes computing the expected credit losses on a quarterly basis, capitalizable borrowing costs, and preparing statement of account or sales invoice upon request.

Responsibilities include:
  • Preparing monthly bank reconciliation statements and supporting schedules with corresponding journal entries
  • Preparing month-end closing entries for accounts receivable and revenue-related transactions, concessionaires' loans, service concession assets and payable, right-of-use assets and lease liabilities, month-end accruals, and other journal entries as required
  • Computing the expected credit losses on a quarterly basis
  • Computing the capitalizable borrowing costs on a quarterly basis
  • Providing accurate and reliable audit schedules to external auditors, responding to inquiries, and participating in process walkthroughs
  • Ensuring timeliness, completeness, and accuracy of submitted reports properly reconciled with the trial balance


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