Accounting Associate

Purpose of the Role

As the Accounting Associate - Disbursement you are responsible for the day-to-day processing of request for payments (RPF). You are responsible for the validation of the supporting documents, proper recording in the accounting system and proper cost allocations. You will also be responsible in checking and recording of petty cash fund replenishments, employee reimbursements, cash advances and other month-end entries. You are also responsible in the maintenance of the vendor master file.

Responsibilities of the Role

1. Effective and efficient validation, recording and processing of disbursements.

2. Ensure that all requests are valid business expenses of the company and within the company's budget, proper supporting documents are attached, proper taxes are accurately applied and correct entries, charging and relevant Management Dimensions are posted in SAP. Ensure that three-way matching is consistently exercised.

3. Cater and attend to queries of colleagues regarding the processes in the disbursement.

4. Involve in updating/revising the existing chart of accounts to align with the requirements of the new Accounting Standards and the Company.

5. Complete and Accurate recording of month-end entries.

6. Review and check if supporting documents of petty cash fund replenishments, Cash Advance Liquidation are valid and approved by the authorized officers. Record the petty cash fund replenishment, Cash Advance Liquidation in SAP. Ensure that proper accounts and cost centers are used. Ensure that all recorded of the PCF payable are only those that unreplenished yet. Monitor PC payable and K Payables accounts.

7. Ensure all non-premium related accounts are properly recorded.

8. Prepare monthly cash advance schedule and coordinate all unliquidated cash advances and monitor cleanup of outstanding cash advances.

9. Assist in clearance of reconciling items related to requests processed by Disbursement

10. Be proactive in analyzing assigned accounts and investigate unusual balances.

11. Lead update of Vendor Master in SAP.
12. Assist in external and internal and IC audit & BIR requirements relating Disbursements

Requirements for the Role

• Graduate of Accountancy
• Familiarity with the SAP system is an advantage
• Knowledgeable in tax particularly vat and withholding taxes
• Excellent oral and written communication skills, and interpersonal skills
• Ability to manage multiple tasks and work independently and is a team player
• Attention to detail
• Proficient in MS Office applications
• Understands the business of life insurance, or able to learn the business over a shorter learning curve
• Experience with AI-driven adaptive learning technologies and data analysis for personalized training
• Proficiency in using AI tools for content recommendation, automated assessment, and feedback
• Experience with AI-driven adaptive learning technologies and data analysis for personalized training.

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Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.

At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust.

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

Join us. Let's care for tomorrow.

Job Types: Full-time, Temporary

Contract length: 6 months

Education:

• Bachelor's (Preferred)

Work Location: Hybrid remote in Makati