2021 General Ledger Specialist (Rolling Intake) Quezon City
Opportunity Expired
Do you want to make a difference in a career in Accounting and Finance that goes beyond crunching numbers?
The Specialist II, General Ledger is responsible for the processing of all Intercompany transactions (in compliance with GAAP and CP&P), including intercompany receipts allocation (netting and non-netting), reconciliation of the netting account and AR recharge account, and raising of manual recharges.
In addition, he/she will be responsible in ensuring outstanding intercompany receivables are collected within the period prescribed in the Intercompany policy and ensure proper reporting of balances between Emerson Entities. Responsibilities Duty 1: Intercompany credit control Chases for the payment of long-overdue accounts by sending follow-up emails to the Accounts payable contacts. Identifies/reviews and resolves invoicing issues Escalates to the Regional Accountant or next level manager any non-responsive Accounts Payable POC Validate and resolves minor disputes (example: wrong currency used in invoice, incorrectly billed company), by recommending corrective actions to the appropriate site POCs. Resolves major disputes (pricing issues, product quality concern, etc.) by acting as the intermediary between the accounts payable contact (or purchaser) and the sales team Duty 2: Intercompany Recharges Generates the cost center balances for recharge for the period and prepares the draft of the invoices Validates dispute by checking the records and supporting documents for accuracy Identifies/reviews and resolves invoicing issues Reviews and sends the invoice drafts to the Regional accountants and site POC for approval. Books Cost center invoices into Oracle once approved and send to the accounts payable site contact Raises disputes on the invoices to the issuing site Point of contact and Regional accountant Reconciles and analyzes the transactions of the Accounts Receivable suspense account to determine the items for cross charging Recommends resolution for aged items with incomplete details, without Intercompany partners code, missing backups and disputed charges Collates and gathers required backup for the invoice. Duty 3: Intercompany Cash Application Extracts/receives bank statements from the banking website Analyzes, qualifies, and completes netting application. Request details from Accounts Payable point of contact for unidentified payment Applies payment received to open invoices Verifies completeness of the netting application/ Consolidates applied invoices Analyze and provides input for exception items during cash application Resolves issues/concerns regarding invoice issues contacts to customers, Site Finance, Business Units. Serves as point of escalation and generates remarks on Accounts Receivable Report Develops and Implements error-proofing method to ensure all transactions are booked accurately Duty 4: Reporting and Reconciliation Reconciles the Netting receivable and payable balance by verifying discrepancies, and proposing solutions for reconciling items. Prepares and post the journal entry related to the identified reconciling items (bank charges, forex difference, cash pool transactions) Communicates with Site POC and Accounts payable contact any reconciling item in the netting reconciliation Escalates resolution of outstanding reconciling items based on escalation matrix if no response is received from the POC Secures approval from the site finance heads and approvers for the issuance of credit/debit note to offset, approval of variance to pay etc. Prepares KPI reports/charts from requirement provided by stakeholders Duty 5: Month-end Activities Ensures cleared AR dashboard by communicating disputes to POC or provides support in resolving issues Generates data in the system, analyze and reconcile balances between subledger and trial balances Reconciles system against schedule Analyzes recorded invoices to determine correctness and validity of the as-of balance and verify if additional recognition is required Prepares Journal Adjustments, Uploading and Posting to Oracle Checks for completeness and validates compliance of Reports. Performs sense check on relevance of Reports and month-end close activities based on trends Troubleshoot and resolves disputes encountered on entries Duty 6: Audit Prepares and provides supporting documents for audit requirements. Provide basic support (perform background check, audit trail of transactions, entries, coordination with other point of contacts, etc.) on issues such as user contact & issue communication trail. Requirements Education: Bachelor's Degree in Accountancy or any Accounting related courses Job-Related Experience: At least 3 years of work experience in general accounting or audit. Specific Knowledge: Proficiency in MS Office applications with background in MS Outlook. Proficient in using ERP applications. Knowledgeable in Internal control. Knowledgeable with GAAP. Skills: English Communication skills (oral & written) Analytical Skills Attention to details skills Interpersonal skills Ability to follow detailed workflow and instructions Hiring criteria You should have or be completing the following to apply for this opportunity.
Entry pathway Degree or Certificate Minimum Level of Study
Bachelor or higher
Study Field
B
Accounting
Commerce
Finance
Work rights The opportunity is available to applicants in any of the following categories.
country
eligibility
Philippines
Graduate Success Stories Graduate stories It's fulfilling to resolve conflicts in certain projects that I handle and to see how much I improve my skills from the very first day that I joined Emerson. Graduate stories It's fulfilling to resolve conflicts in certain projects that I handle and to see how much I improve my skills from the very first day that I joined Emerson. One of the coolest aspects of my job is the never-ending stream of challenges and learning opportunities.
One of the coolest aspects of my job is the never-ending stream of challenges and learning opportunities.
It's fulfilling to resolve conflicts in certain projects that I handle and to see how much I improve my skills from the very first day that I joined Emerson.
Graduate stories It's fulfilling to resolve conflicts in certain projects that I handle and to see how much I improve my skills from the very first day that I joined Emerson. One of the coolest aspects of my job is the never-ending stream of challenges and learning opportunities.
One of the coolest aspects of my job is the never-ending stream of challenges and learning opportunities.
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