Accountant (Fixed Asset) - Hybrid Setup

Concentrix; Quezon City; Hybrid; PHP 600,000 - 900,000; Full time

Job summary

Concentrix is seeking an Associate in Accounting to manage fixed asset records and balance sheet reconciliations. The role focuses on ensuring accurate recording of PPE, depreciation calculations, and timely book closures. You will collaborate with cross-functional teams across Shared Services to resolve accounting issues and support internal and external audits.

The ideal candidate holds a B.S. Accountancy with at least five years in finance or accounting, including three in fixed assets, and

Qualifications

• Minimum 5 years experience in Finance or Accounting; at least 3 years in Fixed Assets.
• Knowledge of AP, AR, Fixed Asset, Intercompany, Reconciliations and GL processes.

Responsibilities

• Perform monthly, quarterly and annual book closing.
• Record fixed assets and adjust schedules with controls.
• Validate new fixed assets and disposals in the accounting system.
• Track project costs to fixed asset accounts and categories.
• Compute depreciation for all fixed assets.
• Update depreciation schedules and perform asset reconciliations.
• Prepare journal entries for PPE, accruals and general adjustments.
• Generate monthly management reports and support audits.

Skills

Finance & Accounting

Fixed Assets

Account Reconciliations

General Ledger

Depreciation

Intercompany

Education

B.S. Accountancy

Tools

ERP systems

Job description

Associate, Accounting - GLSS GFA will report directly to the GLSS - GFA Manager. Associate will be responsible for ensuring that fixed assets transactions are properly recorded, and balance sheet reconciliations are performed and provide resolutions to reconciling items. Incumbent will also be responsible for process improvement within the assigned processes.

Roles and Responsibilities:

• Perform book closing activities on a monthly, quarterly and annually basis.
• Record fixed assets by creating and supervising a system of procedures, forms, and controls
• Validate and record in the accounting system newly acquired fixed assets and disposals
• Track, compile, and record project costs at the completion of the projects to its respective fixed asset accounts/category
• Perform depreciation calculation for all fixed assets
• Perform revision and update on the detailed schedule of accumulated depreciation and fixed assets
• Performs reconciliation of Fixed assets balances at sub-ledger (FA) and general ledger (GL) every month
• Maintain general ledger accounts and prepare journal entries for all operational transactions which includes but not limited to PPE, accruals and general adjustments.
• Generate and distribute account management reports on monthly basis.
• Perform accounting analysis for asset cost, accumulated depreciation and depreciation expense for period to period fluxes.
• Provide appropriate accounting information to customers/ stakeholders/controllers when needed.
• Assist various cross -functional departments within Concentrix in accounting issues and queries. ( Bank Recon Team, Fixed Asset Team Inter - Company Team, Finance Team, Controllership Team, Payroll Team, HR, Treasury, Accounts Payable Team, Account Receivable Team).
• Support Auditor in conducting internal and external audits.
• Review financial reports to identify and explain variances.
• Performs Process Improvement within his/her assigned processes
• Apply knowledge on accounting policies surrounding Fixed Assets

Candidate Profile:

• Minimum 5 years experience in Finance or Accounting and at least 3 years experience in Fixed Assets, preferably within the Shared Services accounting industry.
• Knowledge in accounting processes such as AP, AR, Fixed Asset, Intercompany, Account Reconciliations and General Ledger.
• The candidate will need to be self-motivated.
• Attention to detail is highly important and a structured methodical approach is necessary.
• Successful candidates must have the maturity and ability to work on own initiative in a fast - paced environment while maintaining quality of work and effective working relationships with both internal and external customers.
• A good Team player and knows how to collaborate with other cross-functional teams within Concentrix.
• Graduate of B.S. Accountancy is preferred
• Strong analytical skills

Additional Job Description

• Amenable to work on flexible hours, PH holidays and extended hours during month-end
• Capable of working at home
• Should be open to visit office once a month for activities