Financial Accountant

Description

Purchase to Pay; Record to Report; Contract Management; Project management; Invoice Process; US GAAP; Local GAAP; Technical Accounting; Process specialist

Education: Bachelor's degree in Finance or Accounting (or local equivalent)

Accreditation: Specific Business Accreditation

Language: Proficiency in English

Experience: Four (4) year experience in Payroll or related fields, specifically in the development and implementation of accounting principles and Payroll procedures

Key Activities / Accountabilities

• Liaise with Payroll outsourcing vendor ensure timely delivery of services in line with payroll cycles and accurate payment to the employees.
• Participate in regular service/ production call with the Payroll Outsourcing vendor.
• Accurately process and reconcile payroll data for employees on a timely basis, ensuring compliance with company policies and relevant regulations.
• Process payroll adjustments, including bonuses, commissions, and overtime, accurately reflecting these changes in payroll calculations.
• Prepare the relevant journal entries and execute the reports related to payroll.
• Month-end closing activities: Review the payroll journal entries, reconcile payroll, statutory contribution, Compensation tax and C&B accrual versus what recorded in Oracle Financial Cloud system.
• Act as the key point of contact and support for local, regional, and global Payroll taxation & statutory contribution matters.
• Respond promptly to payroll-related inquiries from employees, addressing concerns and providing assistance as needed.
• Stay updated on changes in payroll laws and regulations to ensure compliance and minimize risk for the organization.
• Assist in the implementation of new payroll software or systems, providing input on functionality and participating in user testing and training initiatives.
• Prepare data and document for internal, external and tax audits.
• Ensure all documentations related to Payroll/ Accounting payroll, including tax withholdings, deductions, and benefits information are stored as per the retention rules.
• Retirement plan application for tax exemption.
• Performs other duties as assigned.

Key Activities / Accountabilities

• Liaise with Payroll outsourcing vendor ensure timely delivery of services in line with payroll cycles and accurate payment to the employees.
• Participate in regular service/ production call with the Payroll Outsourcing vendor.
• Accurately process and reconcile payroll data for employees on a timely basis, ensuring compliance with company policies and relevant regulations.
• Process payroll adjustments, including bonuses, commissions, and overtime, accurately reflecting these changes in payroll calculations.
• Prepare the relevant journal entries and execute the reports related to payroll.
• Month-end closing activities: Review the payroll journal entries, reconcile payroll, statutory contribution, Compensation tax and C&B accrual versus what recorded in Oracle Financial Cloud system.
• Act as the key point of contact and support for local, regional, and global Payroll taxation & statutory contribution matters.
• Respond promptly to payroll-related inquiries from employees, addressing concerns and providing assistance as needed.
• Stay updated on changes in payroll laws and regulations to ensure compliance and minimize risk for the organization.
• Assist in the implementation of new payroll software or systems, providing input on functionality and participating in user testing and training initiatives.
• Prepare data and document for internal, external and tax audits.
• Ensure all documentations related to Payroll/ Accounting payroll, including tax withholdings, deductions, and benefits information are stored as per the retention rules.
• Retirement plan application for tax exemption.
• Performs other duties as assigned.

FedEx was built on a philosophy that puts people first, one we take seriously. We are an equal opportunity/affirmative action employer and we are committed to a diverse, equitable, and inclusive workforce in which we enforce fair treatment, and provide growth opportunities for everyone.

All qualified applicants will receive consideration for employment regardless of age, race, color, national origin, genetics, religion, gender, marital status, pregnancy (including childbirth or a related medical condition), physical or mental disability, or any other characteristic protected by applicable laws, regulations, and ordinances.

Our Company

FedEx is one of the world's largest express transportation companies and has consistently been selected as one of the top 10 World's Most Admired Companies by "Fortune" magazine. Every day FedEx delivers for its customers with transportation and business solutions, serving more than 220 countries and territories around the globe. We can serve this global network due to our outstanding team of FedEx team members, who are tasked with making every FedEx experience outstanding.

Our Philosophy

The People-Service-Profit philosophy (P-S-P) describes the principles that govern every FedEx decision, policy, or activity. FedEx takes care of our people; they, in turn, deliver the impeccable service demanded by our customers, who reward us with the profitability necessary to secure our future. The essential element in making the People-Service-Profit philosophy such a positive force for the company is where we close the circle, and return these profits back into the business, and invest back in our people. Our success in the industry is attributed to our people. Through our P-S-P philosophy, we have a work environment that encourages team members to be innovative in delivering the highest possible quality of service to our customers. We care for their well-being, and value their contributions to the company.

Our Culture

Our culture is important for many reasons, and we intentionally bring it to life through our behaviors, actions, and activities in every part of the world. The FedEx culture and values have been a cornerstone of our success and growth since we began in the early 1970's. While other companies can copy our systems, infrastructure, and processes, our culture makes us unique and is often a differentiating factor as we compete and grow in today's global marketplace.