Accounting & Financial Reporting Analyst

Description

TrueNAS is redefining enterprise storage by delivering proven data resilience, performance, and flexibility without the complexity or constraints of legacy solutions. As the most deployed storage platform in the world, TrueNAS already powers critical data storage infrastructure for businesses, research institutions, and government agencies across 200+ countries and millions of users. Our mission is simple: to become the most trusted name in data storage.

Originally founded in Silicon Valley in 2002 under the name iXsystems, TrueNAS is a profitable, independent company with a culture rooted in trust, curiosity, technical excellence, and continuous improvement. Whether you work remotely or on-site, you'll be part of a team that values collaboration and meaningful impact - where people come before profit, and bold ideas drive the future of data infrastructure.

If you're ready to help shape the future of enterprise storage, we'd love to connect.

Position Overview: The Accounting & Financial Analyst ensures the accuracy and integrity of the company's financial records for both our Philippine and US entities, in compliance with both US GAAP and Philippine Financial Reporting Standards (PFRS).

This role is responsible for preparing complex journal entries, reconciling key accounts, analyzing variances, and supporting the preparation of accurate and timely financial statements. It contributes to monthly, quarterly and year-end close activities, supports audits, and drives continuous improvement in accounting processes, reporting systems, and internal controls. You will manage multi-entity consolidations, intercompany transactions, and foreign currency revaluations. Acting as a vital link between operational accounting and management reporting, the analyst provides financial insights that support sound decision-making and regulatory compliance

This is a hybrid role, based in our Makati office, with required in-office presence on Tuesdays, Wednesdays, and Thursdays. The hours for this position are 7:00 am - 4:00 pm local time.

Base Pay Range

We offer a competitive compensation package designed to attract top talent and reward performance. In addition to base pay, this position may be eligible for additional earnings through our Incentive Bonus Program, depending on the role. Final compensation decisions are made based on a variety of factors, including location, education, and prior experience, to ensure fairness and alignment with the role's responsibilities and market standards.

TrueNAS offers a comprehensive package of benefits including health, dental, vision, paid time off, and stock options.

Expected Posting Timelines

This position will be open for a minimum of 5 days, a maximum of 90 days.

The Day-to-Day

General Ledger & Journal Entries

• Journal Entry Preparation: Assist in preparing basic journal entries such as accruals, amortizations, deferrals, reclassifications, allocations, and other recurring close activities in line with company policies and accounting standards.
• GL Posting Support: Enter and verify financial transactions in the ERP system, ensuring proper account coding and documentation.
• Bank Reconciliation: Perform routine bank reconciliations for assigned accounts, including accounting for money market instruments. Match transactions, investigate minor discrepancies, and escalate unresolved items to senior team members.
• Supporting Financial Reports: Provide accurate and organized financial data for use in monthly, quarterly, and annual financial statements.
• Documentation: Maintain records of journal entries and supporting documents in compliance with audit and internal control requirements..
• Assistance During Close: Support month-end and year-end closing activities by completing assigned tasks on time and with accuracy.

Financial Reporting & Analysis

• Period Close: Assist in month-end, quarter-end, and year-end closing activities are done on schedule to avoid delay in the preparation and submission of financial reports.
• Financial Statements: Prepare financial reports including the balance sheet, income statement, cash flow statement, and notes and detailed schedules for review by external auditors.
• Audit: Assist in the preparation of audit schedules and liaise with auditors during audits.

Revenue Accounting

• Record and reconcile revenue transactions in accordance with applicable accounting standards (e.g., PFRS 15 / ASC 606).
• Monitor and analyze revenue streams to ensure accurate recognition and classification.
• Collaborate with sales, billing, and operations teams to validate contract terms and revenue accruals/deferrals.
• Prepare monthly revenue reports and variance analysis against forecasts and budgets.

Cost Accounting

• Track and allocate direct and indirect costs accurately to products, projects, or cost centers.
• Maintain and update standard cost data and support cost of goods sold (COGS) calculations.
• Support inventory valuation and cost roll-up processes in coordination with operations and supply chain teams.

Payroll & Related Liabilities

• Prepare journal entries to record gross wages, benefits, employer taxes, and deductions.
• Allocate payroll costs to appropriate departments, projects, or cost centers.
• Maintain and reconcile payroll-related liability accounts, including tax withholdings, statutory contributions, retirement plan contributions, insurance premiums, and garnishments.
• Monitor liability balances to ensure timely clearance after remittances.
• Prepare month-end and year-end accruals for unpaid wages, bonuses, and benefits.
• Provide payroll-related schedules and documentation to support internal and external audits.

Fixed Assets and Intangible Assets

• Fixed Asset Accounting: Maintain fixed asset records by tracking and recording asset acquisitions, disposals, transfers, and depreciation schedules.
• Cycle Counts: Assist in periodic fixed asset review (physical count, review, posting of count results and clean-up of asset master data as a result of the count).

Inventory Accounting

• Record and reconcile all inventory transactions, including purchases, production, transfers, adjustments, and disposals.
• Maintain accurate valuation of inventory in accordance with accounting standards and company policy (e.g., moving average).
• Monitor and reconcile inventory sub-ledger to the general ledger.
• Process and account for Return Material Authorizations (RMA), including customer returns, vendor returns, and warranty claims.
• Coordinate with operations, warehouse, and supply chain teams to verify physical counts and investigate discrepancies.
• Prepare inventory-related accruals, write-downs, and reserve calculations for obsolete or damaged stock.
• Provide inventory and RMA schedules and analysis for month-end close, management reporting, and audits.

Lease Accounting

• Record lease accounting entries in compliance with applicable accounting standards (US GAAP and PFRS), including initial recognition, subsequent measurement, and periodic reassessment of lease obligations and right-of-use assets.
• Maintain lease schedules and ensure timely posting of amortization and interest expense.Account and Balance Sheet Reconciliation.

• Monthly Reconciliations: Prepare regular reconciliations of various balance sheet accounts to ensure all recorded balances are accurate and reflect the true financial position.

• Variance Checks: Compare general ledger balances to supporting documentation and highlight differences or unusual activities.

• Clearing Account Review: Assist in monitoring and clearing unmatched transactions in suspense or clearing accounts, such as GR/IR and unapplied payments.
• Maintain Reconciliation Documentation: Prepare clear and organized reconciliation schedules and maintain supporting documents in a manner that is audit-ready.

Process Improvement & Systems Support

• Support ERP system migrations, upgrades, or financial tool implementations (SAP preferred).
• Help test and implement enhancements in accounting systems and tools.

Other Duties as Assigned

• Support ad hoc finance projects or strategic initiatives as assigned by leadership.
• Provide accounting support for operational initiatives, cost controls, and budgeting efforts.

Education and Experience

• Bachelor's degree in Accounting, Finance, or a related field (or equivalent combination of education and experience)
• Certified Public Accountant (CPA)
• Minimum 5+ years of progressive experience in audit or accounting roles in at least one core accounting area of financial reporting. These include: general ledger accounting, financial statements preparation, external audit.
• Understanding of U.S. and Philippine GAAP
• With experience working with external parties such as auditor or audit client
• Proficient in productivity tools such as Google Workspace, Excel, and PowerPoint
• SAP ERP experience is strongly preferred
• Ability to manage multiple priorities and deadlines, both independently and in collaboration with cross-functional teams
• Attention to Detail: Precision is critical in accounting to ensure accuracy in financial data and reports.
• Analytical Thinking: Ability to analyze financial information, identify discrepancies, and interpret trends or variances.
• Communication Skills: Clear and effective communication—both written and verbal—is important for collaborating with teams and explaining financial information to non-accounting stakeholders.
• Problem-Solving: Proactively identifying issues, investigating root causes, and developing solutions to resolve accounting discrepancies.
• Time Management: Managing multiple tasks and meeting strict deadlines, especially during month-end and year-end close periods.

• Adaptability: Comfortable navigating ambiguity and change; thrives in decentralized environments and adjusts quickly to shifting business needs.

• Teamwork: Collaborating well with colleagues across departments to ensure smooth financial operations.

• Ethics, Integrity & Work Ethic: Demonstrates high professional standards, discretion, and a strong commitment to ethical conduct—paired with a reliable, disciplined, and dedicated work ethic.