Accounting Analyst (Pooling)

PURPOSE (why does the position exist, WITH what objectives and WITHIN what limits)

The position is responsible for preparing, reviewing and analyzing detailed schedules and reports of assigned accounts, with the objective of ensuring the completeness and accuracy of these schedules, the appropriate recording and recognition of these schedules in the company’s books, in accordance with the current financial reporting standards and interpretations, and the timely submission of these schedules and reports, to both internal and external users.

MINIMUM REQUIREMENTS:

Education:

Bachelor’s/College Degree in Accountancy

Professional License is an advantage

Relevant Experience:

At least 1 year experience in the relevant fields

Exposure to audit is an advantage but not required

Business Understanding:

Knowledgeable in accounting standards, applicable rules and regulations

General business industry knowledge and acumen

Technical Knowledge

Strong analytical skills

Good verbal and written communication skills

Proficient in MS Office

Behavioral Skills

Strong interpersonal skills

Result-oriented and resourceful

Capable of meeting very strict deadlines and flexible to work in a team environment

Team-player with a good working attitude, commitment and dedication

AREAS OF RESPONSIBILITY

Preparation of bank reconciliation report

● Review cash clearing procedures performed by Treasury department to ensure proper procedures done to all cash in bank accounts.

● Review suspense/clearing GL cash accounts to minimize and eliminate balances of clearing cash accounts every reporting period.

● Assist and coordinate identification of reconciling items, prepare bank reconciliation reports, propose adjusting entries, and assists in the resolution of issues noted during preparation of bank reconciliation reports to present the accurate and adjusted balances of cash in bank accounts.

Reconciliation of general ledger accounts and preparation of costs and expenses

schedules

● Obtain transaction listings, and review and ensure completeness of transactions based on the supporting documents and schedules to enable proper and timely accounts reconciliation procedures.

● Prepare general ledger account reconciliations and cost and expenses schedules, and resolve issues and variances noted ensuring the accounts are reconciled and updated.

Review of accrual schedules

● Obtain, review and ensure completeness of accrual schedules from relevant departments to report timely and accurate payables.

● Perform analytical review of accruals, investigate significant and unusual movements in accruals and resolve issues or variances noted to ensure any variances and exceptions represents valid transactions and are aligned to business rationale.

Accounting system maintenance

● Identify and document accounting system issues encountered in the preparation of bank reconciliation reports and reconciliation of general ledger accounts to ensure accounting system is working as designed.

● Recommend improvements in system general controls, accounting system report generation and analysis enabling the system to meet the process owners’ needs over recording and analyzing transactions.

● Ensure appropriate account codes are used and accounting system reports functionalities are utilized by the process owners enabling the system codes aligned to transactions data.