Senior Accountant

This individual will be a self-starter with strong accounting acumen and experience in reserves, forecasting, and process improvement. The role is central to developing and implementing a new Bad Debt Reserve Policy, building forecasting and KPI frameworks, and preparing for future compliance, as applicable, with the CECL (Current Expected Credit Loss) standard. There will be other automation and optimization projects in the accounting arenas as well (OTC and PTP pillars).

Key Responsibilities

Allowance & Reserve Ownership

• Oversee preparation and accuracy of monthly/quarterly bad debt expense and allowance entries.
• Enhance accountability by ensuring branch-level tracking and reporting of allowances and write-offs.
• Compile AR schedule(s) used for MMA reporting on a monthly basis.
• Transition from Excel-based summary calculations to more robust system-driven reporting in JDE or billing systems (i.e. Mission / iRIS / PestPac)

Policy Development & Implementation

• Partner with leadership to finalize and implement the new Bad Debt Reserve Policy in Q1 2026, ensuring no SOX gaps in FY25.
• Support development of a complementary credit policy (as needed) for high-risk customers.
• Ensure policy improvements are designed to avoid unintended P&L swings.

Forecasting & CECL Preparation

• Build and maintain forward-looking allowance forecasts using reasonable and supportable inputs.
• Incorporate macroeconomic, borrower-specific, and portfolio-level factors consistent with ASC CECL).
• Develop scenario analyses (baseline, adverse, optimistic) and assist with back-testing and validation.
• Serve as internal subject matter support as the company matures toward CECL compliance.

Credit Policy & Oversight

• Assist the VP of Transactions in the development and implementation of a comprehensive customer credit policy, including approval thresholds, risk-rating criteria, and escalation procedures for high-risk accounts.
• Track and monitor credit extended to poor-credit or high-risk customers, ensuring proactive oversight and timely corrective actions.
• Establish and monitor KPIs related to customer credit performance, such as overdue account percentages, write-off rates by credit tier, and compliance with credit policy at the branch level.
• Collaborate with Branch Operations and Finance leadership to align credit practices with the company's bad debt reserve methodology and CECL readiness.
• Provide clear reporting and insights to Branch, Accounting and Executive leadership on credit exposure, customer payment trends, and policy compliance.

KPI Development & Analytics

• Design and implement a suite of KPIs to measure bad debt performance, reserve adequacy, branch accountability, and forecast accuracy.
• Expand separate residential and commercial bad debt analytics to enhance insights and operational oversight.
• Provide management with timely, data-driven reporting on branch and market-level performance.

Process Improvement & Automation

• Lead initiatives to streamline allowance calculations, increase automation, and reduce manual dependencies.
• Partner with IT/Finance to embed automation tools and improve reporting visibility.
• Drive continuous improvement projects, as required, to simplify methodology while enhancing transparency.

Collaboration & Communication

• Act as a key liaison with Branch Operations, Finance, and Corporate Accounting to improve accountability and decision-making.
• Communicate complex accounting and forecasting results clearly to both finance and non-finance stakeholders.
• Provide training and guidance to local/offshore teams as the process matures.

Qualifications & Skills

• Minimum 5–7 years of accounting/finance experience, specifically in Bad Debt Expense (BDE) and Allowance for Doubtful Accounts process
• Prior experience in creating Bad Debt Reserve Policy
• Strong technical knowledge of GAAP, reserves, and allowance for doubtful accounts.
• Familiarity with CECL concepts (ASC and lifetime loss forecasting preferred.
• CPA preferred but not required
• Big 4 or audit background a plus.
• Demonstrated experience with forecasting, KPI development, and financial modeling.
• Proven ability to lead process improvement and automation initiatives.
• Excellent communication and collaboration skills; ability to work across geographies and with senior leadership.
• Hands-on, detail-oriented, and comfortable managing both routine accounting and strategic initiatives.
• Amenable to work fixed night shift/US hours including holidays and overtime
• Amenable to work in Alabang, Muntinlupa City once required to RTO