Associate Accountant

Mastercard; Pasig; On-site; PHP 335,000 - 513,000; Full time

Job summary

Mastercard is seeking an Associate Accountant to support bank reconciliations, postings in Oracle, and income statement schedules. The role reports to the Mastercard Transaction Services Accounting Manager and involves collaboration with multiple entities and cross-functional partners.

The ideal candidate will have a Finance/Accounting qualification, proficiency in Excel and Oracle, and strong analytical and communication skills to contribute to statutory audits and routine accounting activities.

Qualifications

• Finance/Accounting qualification is a must.
• Proficiency with accounting and finance systems/software applications (e.g., Excel and Oracle).
• Ability to work with cross-functional teams and across time zones.

Responsibilities

• Assist in accounting activities under supervision and guidance; perform routine tasks.
• Prepare bank reconciliation schedules for multiple accounts across entities.
• Verify transactions in Transfast Central (TFC) against bank statements.
• Compare Oracle ending balances with bank statements.
• Post daily bank transactions in Oracle.
• Conduct 3-way reconciliation across TFC, Oracle, and bank statements.
• Oversee the bank reconciliation process for assigned accounts.
• Prepare income statements and other schedules for MTS US LLC and support statutory audits.
• Handle ad hoc accounting projects as needed.

Skills

Attention to detail

Analytical thinking

Interpersonal communication

Time management

Education

Finance/Accounting qualification

Tools

Excel

Oracle

Job description

Our Purpose

Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re helping build a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.

Title and Summary

Associate Accountant

Overview

The position will be responsible for bank reconciliations, postings into Oracle, income statement schedules, supporting the statutory audit and other accounting activities. This position will report into the Mastercard Transaction Services Accounting Manager.

Responsibilities

• Assists in performing accounting activities under direct supervision and guidance; executes routine tasks.
• Prepare bank reconciliation schedules for numerous bank accounts across different legal entities within Mastercard Transaction Services.
• Check that transactions have been captured in the Transfast Central (TFC) system to the bank statements.
• Check ending balances in Oracle vs bank statement.
• Post daily bank transactions in Oracle.
• Overall bank reconciliation to include 3 way checking between TFC, Oracle and bank statement.
• Manage and oversee the bank reconciliation process for the allocated accounts.
• Prepare various income statement and other schedules for MTS US LLC and support the statutory audits.
• Any other ad hoc accounting activity/project.

All About You

• Demonstrates basic knowledge of accounting principles and delivers accurate work
• Gains exposure to basic issue resolution and the escalation process (e.g. financial trends)
• Participates in and gains exposure to the implementation of process improvement activities
• Experience building an internal network and engaging with business partners
• May be exposed to producing internal and external reports
• Finance/Accounting qualification is a must
• Proficiency with accounting and finance systems/software applications e.g. Excel and Oracle.
• Knowledge of Internal Control concepts.
• Detailed orientated with strong analytical and financial skills supported by excellent interpersonal and communication skills.
• Experience operating in a diverse, multi-functional finance group across time zones is a plus.
• Must be able to integrate knowledge across various disciplines and work across multi-disciplinary teams.
• Independent worker and thinker with the ability to follow up on time sensitive issues.
• A team player with the ability to communicate effectively and develop good working relationships across multiple levels and organizational boundaries.

Corporate Security Responsibility

All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and, therefore, it is expected that every person working for, or on behalf of, Mastercard is responsible for information security and must:

• Abide by Mastercard’s security policies and practices;
• Ensure the confidentiality and integrity of the information being accessed;
• Report any suspected information security violation or breach, and
• Complete all periodic mandatory security trainings in accordance with Mastercard’s guidelines.