Financial Accounting Analyst

RGP Philippines; Makati; On-site; PHP 600,000 - 800,000; Full time

Job summary

RGP Philippines is seeking a Financial Accounting Analyst to own reconciliation and substantiation of balance sheet accounts, including IFRS 17 opening, transition, and ongoing balances. You will ensure accuracy, completeness, and timely clearance, supporting closing, audits, annual statements, and regulatory reporting.

You will collaborate with Actuarial, Operations, Investments, IT, Risk, Compliance, and Finance to validate data, resolve discrepancies, and strengthen reconciliation controls,

Qualifications

• Bachelor's degree in Accountancy or equivalent.
• 3+ years in financial accounting, audit, or insurance accounting.
• CPA designation preferred.
• Experience with IFRS 17 and life insurance accounting preferred.
• Strong analytical and reconciliation skills.

Responsibilities

• Own monthly reconciliation and substantiation of balance sheet accounts.
• Prepare IFRS 17 opening, transition, and ongoing balances with source-system validation.
• Investigate variances, exceptions, and long-outstanding balances.
• Maintain reconciliation schedules and audit trails for material balances.
• Support preparation of audited and regulatory financial statements.

Skills

Analytical thinking

Reconciliation expertise

Problem solving

Education

Bachelor's degree in Accountancy

Tools

Microsoft Excel

Microsoft Copilot

Job description

About the role

As a Financial Accounting Analyst, you will own the reconciliation and substantiation of balance sheet accounts, including IFRS 17 opening, transition, and ongoing balances. Your work ensures that balances are accurate, complete, fully supported, and cleared on time. These reconciliations are the foundation for financial closing, external audit, annual statements, and regulatory reporting. You will work closely with Actuarial, Operations, Investments, IT, Risk, Compliance, and Finance to validate source data, resolve discrepancies, and strengthen reconciliation controls.

Key responsibilities

• Own the monthly reconciliation and substantiation of assigned balance sheet accounts, ensuring balances are accurate, supported, and cleared within set timelines

• Prepare reconciliations for IFRS 17 opening, transition, and ongoing balances, and confirm that movements agree with source systems, subledgers, actuarial outputs, and the general ledger

• Investigate variances, reconciling items, exceptions, and long-outstanding balances, finding root causes and coordinating corrective entries

• Maintain reconciliation schedules, account analyses, aging reports, and supporting documents that provide a clear audit trail for every material balance

• Validate balances for monthly, quarterly, and year-end closing, annual statements, external audit, and regulatory reports

• Support the preparation of audited financial statements and annual statements, including schedules, disclosures, supporting documents, and reconciliation of reported balances

• Partner with Actuarial, Operations, Investments, IT, Finance, and other units to obtain source data and resolve discrepancies affecting IFRS 17, financial, audit, and regulatory reporting

• Strengthen reconciliation controls by monitoring unresolved items, escalating overdue actions, addressing audit findings, and recommending process improvements

About you

• Bachelor's degree in Accountancy

• At least 3 years of experience in financial accounting, audit, or insurance accounting

• Advanced Microsoft Excel skills and working knowledge of Microsoft Copilot

• Strong analytical, reconciliation, and problem-solving skills

• CPA designation (preferred)

• Experience in life insurance accounting and financial reporting (preferred)

• Knowledge of IFRS 17 and insurance accounting principles (preferred)