Investment Accounting Senior Specialist

Ensure completeness, accuracy, and timely delivery of various Investment Accounting related entries and reports for CPAIC and PALIC including those relating to Unit-Linked Transactions to address Local Management and Statutory requirements.Ensure that Investment transactions are properly booked in SHIP (Investment Accounting System) daily and reconciliation is performed monthly.Prepare a recording of journal entries in line with financial statement close process and deadlines
o Prepare entries to record various cash transactions on Investment accounts.
o Prepare entries to record Investments of Life and GI (purchase, sale/maturities, interest collection and accrual).
o Prepare entries to accrual of collection fees and/or other fees as may be applicable.
o Prepare other investment entries, as applicable.
o Obtain supporting documents with Investment Operations and/or Investment Team, especially in case of new Investment Funds.
o Assist/collaborate with other Teams to obtain support and/or in case of discrepancies or as needed.
Prepare monthly reconciliation of Subsidiary ledger and General Ledger balances for accounts assigned to the Investment Team.Prepare various monthly and/or quarterly reports, as needed by the Management
o Accounts validation reports
o Insurance Commission reports
o BSP Reports
o Audit reports
o Assist in the preparation of Financial Statement Disclosures
o Other reports, as needed
o Assist/collaborate with other Teams to further understand variances.
Assist manager on the accounting impact of new Investment Portfolio.Assist manager on business requirements for new accounting standards, as applicable.Perform other functions, as may be assigned.
Internal – CFO, FC, Finance LT, ELT, Investment Operations, Investment Team and FCA.
Holds a bachelor's degree in major in Accountancy, preferably CPAWith at least 2-3 years of experience in Accounting, Financial Reporting, Investment Accounting, and/or in Financial Statements preparation. Preferably from Insurance Companies or Financial Institutions.Knowledgeable in Philippines Financial Reporting Standards (PFRS)Able to work with cross-functional teamsKeen to details and highly committedProficient in Excel, and any accounting software