Accountant

Reed Elsevier Philippines; Philippines; Hybrid; PHP 558,000 - 893,000; Full time

Benefits offered by this job

Hybrid work setup

IT Equipment provided

HMO Day 1 for you & 4 dependents

Retirement plan matching

Life and accident insurance Day 1

PTO 24 days + 6 days after year 5

Annual merit increase & incentives

Learning & certification programs

Job summary

Reed Elsevier Philippines is seeking an experienced Accountant to perform general accounting activities, maintain ledgers, and prepare financial statements including balance sheets and P&L. You will support forecasting, budgeting and analyses, and ensure compliance with accounting policies and standards.

Responsibilities include intercompany recharges, month-end close, balance sheet reconciliations, and assisting audit requirements.

Qualifications

• Must have a Bachelors degree in Accountancy.
• At least 4 years of experience with record-to-report or billing.
• Intermediate to advanced Excel skills.
• Experience with major enterprise accounting systems such as Oracle, SAP or PeopleSoft.
• Experience in medium to large company environment.
• Experience in large multinational company preferred.
• Ability to quickly learn and apply enterprise AI tools and technologies to support technical workflows and business objectives.

Responsibilities

• Posts Intercompany Recharges (Invoice/Credit Memos).
• Ensures timely expense and revenue recognition (on both sides) for Intercompany related transactions.
• Ensures timely settlement of outstanding balances against other Intercompany entities.
• Responsible for the timely and accurate preparation, posting & review of month end close task and reconciliation specifically for the reporting of Intercompany relationships that exist across all division.
• Monthly reconciliation of balance sheet accounts and preparation of deck for Business Unit review and status update.
• Provides support in forecasting, budgeting, and analyzing variations from budget concerning Intercompany related transactions.
• Ensure Intercompany balances reported REQIS for Intercompany related modules on a Quarterly basis.
• Assist in the preparation of various audit requirements.
• Liaise with Business Units, Business Controllers, Business partners, Operations. First point of contact
• Ownership of the daily queries relating to transactional Intercompany activity and analysis of previously prepared month-end results.
• Take a proactive approach in resolving issues encountered.
• Maintain strong internal controls by having a full understanding of the Intercompany process and ensure that accounting policies and procedures are adhered to.

Skills

Intercompany accounting

Analytical thinking

Forecasting & budgeting

Education

Bachelor's degree in Accountancy

Tools

Oracle

SAP

PeopleSoft

Excel

Job description

Join us and enjoy benefits designed to help you thrive:

• Flexible hybrid work setup.


• IT Equipment provided.


• HMO coverage starting from Day 1 for you and FOUR FREE dependents.


• Attractive retirement package with company matching.


• Life and Accident Insurance starting Day 1.


• 24 Annual PTOs, additional 6 once you reach your 5th year with us.


• Competitive benefits with annual merit increase and incentives.


• Continuous improvement for our employees (workshops, certification programs, learning sessions, etc.).

Job Summary

Performs general accounting activities, including the preparation, maintenance and reconciliation of ledger accounts and financial statements such as balance sheets, profit-and-loss statements and capital expenditure schedules. Prepares, records, analyzes and reports accounting transactions and ensures the integrity of accounting records for completeness, accuracy and compliance with accepted accounting policies and principles. Provides financial support, including forecasting, budgeting and analyzing variations from budget. Analyzes and prepares statutory accounts, financial statements and reports. Conducts or assists in the documentation of accounting projects.

Job Responsibilities:

• Posts Intercompany Recharges (Invoice/Credit Memos)


• Ensures timely expense and revenue recognition (on both sides) for Intercompany related transactions.


• Ensures timely settlement of outstanding balances against other Intercompany entities.


• Responsible for the timely and accurate preparation, posting & review of month end close task and reconciliation specifically for the reporting of Intercompany relationships that exist across all division.


• Monthly reconciliation of balance sheet accounts and preparation of deck for Business Unit review and status update.


• Provides support in forecasting, budgeting, and analyzing variations from budget concerning Intercompany related transactions.


• Ensure Intercompany balances reported REQIS for Intercompany related modules on a Quarterly basis.


• Assist in the preparation of various audit requirements.


• Liaise with Business Units, Business Controllers, Business partners, Operations. First point of contact


• Ownership of the daily queries relating to transactional Intercompany activity and analysis of previously prepared month-end results.


• Take a proactive approach in resolving issues encountered.


• Maintain strong internal controls by having a full understanding of the Intercompany process and ensure that accounting policies and procedures are adhered to.

Job Qualifications:

• Must have a Bachelors degree in Accountancy


• At least 4 years of experience with record-to-report or billing.


• Intermediate to advance Excel skills.


• Experience with major enterprise accounting systems such as Oracle, SAP or PeopleSoft.


• Experience in medium to large company environment.


• Experience in large multinational company preferred


• Ability to quickly learn and apply enterprise AI tools and technologies to support technical workflows and business objectives.