JOB DESCRIPTION:

Position Summary

The General Ledger Accountant is accountable to perform/review the day-to-day shared services operations for the region including but not limited to: (a) period-end close and the associated reconciliations, TB analysis, accruals, amortization, Fixed Assets, Intercompany and other related journal entries; (b) preparation of monthly, quarterly, and annual compliance and regulatory reporting (c) provide support for audit related matters (d) monthly Balance Sheet Reconciliations, and (e) issue resolution. Work in close collaborations with the Asia Pacific Office of Ethics & Compliance (OEC) and escalation of violation incidences to OEC for further directives. 

Essential Functions

1. Responsible for managing period-end close activities, to include but not limited to:

• Preparation, analysis and posting of GL journal entries such as but not limited to accruals, prepayments, Interco related transactions, Fixed assets and any adjusting entries.

• Review and reconciliation of intercompany accounts, involving communication with other Abbott business locations worldwide.

• Preparation of monthly financial and trend reports, ensuring they are completed in a timely, accurate and efficient manner

• Preparation of multi-currency bank reconciliations

2.   Assist the Local Finance Stakeholders with internal or external audit requirements during periodic review procedures.

• Provide supporting documents as required by the auditors in a timely, accurate and efficient manner.

• Collaboration with Local Finance Stakeholders to ensure audit questions are addressed accordingly.

• Provide oversight and support for responses to and remediation of audit findings as required.

3.  Responsible in preparation of Balance Sheet Account Reconciliations

• Ensure that all aged, open and reconciling items are accounted for, and are adequately and reasonably explained.

• Ensure that each BS recon can stand by itself; each BS recon has enough details and documentation

4. Participates in process improvement initiatives with the team and/or across organization.   

• Work closely with the project owners and/or other internal stakeholders to ensure implementation is within the targeted dates.

• Enhancement of existing work schedules and development of new ones to ensure the most efficient completion of duties

5. Participates in the issue resolution

• Provide resolution of escalated operational issues

• Perform root-cause analysis and recommend preventive actions plans, update RAID log

• Address and resolve escalated issues related to GL transactions

• Ensure all resolutions comply with the internal policies, accounting standards and regulatory requirements.

Project Accountabilities / Scope

The GL Accountant will participate in the testing and implementation activities to develop common end-state financial and accounting processes in support of their direct supervisor and the global process managers, e.g. RTR End to End Global Process Manager (GPM).

Job Qualifications

Education & Experience

• Bachelor’s degree in Accounting, CPA is a plus.

• Bilingual – fluent in English and Japanese language both in written and verbal communication skills are essential.

• At least 3 years of RTR experience in a complex multi country, shared services environment

• Experience in specialized accounting such as Treasury, inventory and product costing is an advantage.

• Clear and demonstrated understanding of US GAAP with ability to apply technical knowledge in a practical manner to day-to-day operations

• SAP or other enterprise systems experience advantage

• Strong English communication skills and the ability to interact with internal and external parties at all levels. Korean or Japanese language skills a plus

• Reasonable skill in Microsoft applications – excel, word and power point.

• Team-oriented, self-starter with the flexibility to work in a fast-phased environment with minimal supervision.

• Attentive to details with a desire for Continuous Improvement

     

The base pay for this position is

N/A

In specific locations, the pay range may vary from the range posted.

     

JOB FAMILY:

Accounting & Reporting

     

DIVISION:

IFO International Finance

        

LOCATION:

Philippines > Taguig City : Five/Neo Building

     

ADDITIONAL LOCATIONS:

     

WORK SHIFT:

Standard

     

TRAVEL:

Not specified

     

MEDICAL SURVEILLANCE:

Not Applicable

     

SIGNIFICANT WORK ACTIVITIES:

Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day)