Fixed Asset Analyst

19 hours ago

Taguig, National Capital Region, Philippines 3M Full time ₱1,500,000 - ₱2,500,000 per year
3M has a long-standing reputation as a company committed to innovation. We provide the freedom to explore and encourage curiosity and creativity. We gain new insight from diverse thinking, and take risks on new ideas. Here, you can apply your talent in bold ways that matter.

Job Description:

The Fixed Asset Analyst will be responsible for providing fixed asset accounting services to various 3M subsidiaries. The performance measures for this role will include service delivery and meeting SLA metrics, process improvement and compliance.

He/she will report to an accounting team lead and will be interacting with relevant parties in the country finance and GSC teams. You may be asked to work in both legacy and SAP systems.

The responsibilities will include:

FIXED ASSETS:
  • Perform Fixed Asset Month-end and Annual Tasks
  • Perform asset creation in the system
  • Maintain Records of Asset Disposals & Transfers
  • Maintain opening and closing of FA Module
  • Perform complex issue resolution
  • Provide 1st level of support or guidance for Analysts and Associates
  • Prepare monthly, quarterly, and annual FA accounts reconciliations
  • Identify and investigate variances, clean up ageing recon items
  • Propose and/or implement solution to resolve aged open items
BALANCE SHEET ACCOUNTS RECONCILIATION:
  • Prepare monthly, quarterly, and annual accounts reconciliations
  • Identify and investigate variances, clean up ageing recon items
  • Propose and/or implement solution to resolve aged open items
  • Provide 1st level of support or guidance for Analysts and Associates
JOURNALS:
  • Process Manual JVs requests (prepare JV Templates)
  • Ensure completeness of supporting docs of journals (i.e. basis for calculation, approvals, JV Templates, etc.)
    • Prepare complex self-initiated journals
  • Provide 1st level of support or guidance for Analysts and Associates
OPERATIONAL RHYTHM:
  • May participate in T1 and T2 Huddles
  • Escalate issues occurring in the production floor
  • Facilitate / lead T1 Huddles
  • Provide inputs to the End to End Specialists during Financial Statement Review, Account Balance Sheet Review and Post Close Review
SOX AND COMPLIANCE:
  • Assist in providing supporting documents requests from SOX / Auditors.
  • May perform related SOX controls
  • Provide guidance to Analysts on the performance of control activities.
  • Ensure processes follow the 3M Global Financial Standard, SOX, and other regulations.
OTHERS:
  • Participate in process improvement activities ensuring continuous improvement and productivity (i.e. CIs, JDIs, etc.).
  • Participate in projects, e.g. accounting centralization activities from the region, SAP deployment, etc.
  • Updating of SOPs of the assigned tasks.
BASIC QUALIFICATIONS:
  • Accounting degree and preferably with minimum 2-3 years relevant working experience in finance and accounting
  • Working experience in shared service center is preferred
  • CPA or equivalent qualification is a plus
  • Fluent in English
SKILLS:
  • Service and quality-oriented mindset and enjoys working with operational processes
  • Cross-functional and cultural communication skills
  • Flexible to handle new assignments and willingness to learn
  • Ability to learn legacy system (AS400, PeopleSoft)
  • Ability to handle more complex counterparts and respective accounts.
  • Able to perform tasks with minimal supervision.
  • Working knowledge of SAP is an advantage
  • Proficient in MS Office applications
  • Ability to work in a virtual environment / team
  • Ability to work under pressure
  • Multicultural skills and experience are a plus
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