Drake's Progressive Client - a specialty chemicals company, is now hiring for an Accountant for their growing team in Taguig City.
Main Areas of Responsibilities and Key Activities
• Credit risk management:
o Perform proactive and effective credit risk management to monitor, manage and mitigate customer and credit risks on ongoing basis, and in compliance of global and regional credit risk management policies, procedures and guidelines.
o Conduct credit risk assessment for customers, monitor credit status and risk development, perform periodic review of credit portfolio, in compliance with global and regional credit risk management policies, procedures and guidelines.
o Active business partnering role in supporting sales development of business units incl. guidance to business units on credit risk management topics.
o Monitor customers' overdue balances, follow up on outstanding invoices, unresolved disputed items and support efficient collection.
o Engage in ad hoc tasks and various global and regional projects and initiatives as assigned.
• Cash management:
o Perform all related tasks to ensure sufficient cash flow
o Liaise with banks for adequate cash management, clearing/collection
o Handle treasury-related activities, including but not limited to bank account setup, e-banking control, bank guarantees issuance, dividend planning, cashflow monitoring, inhouse bank netting and cash sweeping etc.
o Oversees all reimbursmeent activities within the company. Establish and maintains relationships with merchant banks and ensures that all purchasing card activity is in compliance with company policy.
o Develops and maintains reliable cash forecasting and status monitoring systems in preparation of cash forecasts.
o Prepares routine and ad-hoc reports for internal and external distribution
o Work with regional Finance team for related tasks.
• Accounts Payable (AP) management: Lead, monitor and review finance and accounting operations in Purchase-To-Pay (P2P) processes to meet timelines.
• Perform accounting operations in processing payments to meet established timelines, ensure statutory compliance for audit, tax and other legal requirements and in compliance of company / group policies and procedures.
• Implement and maintain effective controls, conduct sample testing and regular health checks and reconciliation processes in payable processes and to conduct integrity checks in respect of systems and data used in the compliance reporting process.
• Ensure the compliance of company payment policies and procedures (authorization and workflow)
• Monitor payment systems (e.g. expense reimbursement) and support to resolve system and workflow issues
o Arrange payment including some urgent cases
o Maintain the approval authority in expense reimbursement system
• Act as back up for activities in the local Finance team and support on Finance related administrative topics
Qualifications:
• Degree in Accountancy
• Preferably CPA
• Minimum 5 years senior accounting experience in a multinational company, covering financial, cost, management accounting and budgeting.
• The position requires detailed professional accounting knowledge and knowledge of the legal, statutory and company frameworks for reporting.
• Ability to accurately compile accounting information and disseminate it in a way to complement business decision making.
• Sound SAP and advanced Excel skills.
• Knowledge of the local regulatory framework.
• Ability to analyze figures on a broad perspective and in detail.
• Ability to organize work in a logical and methodical manner.
• Clear thinker and ability to meet monthly deadlines
• Effective problem solver and effective communicator
• Pro-active and can-do attitude.
• Detail oriented with ability to perform accurate, high volume data processing.
• Strong communications and interpersonal skills
• Ability to work independently and use judgment to prioritize requests.
• Willing to work onsite in Taguig City.