Fixed Assets Specialist

merck group; Philippines; On-site; PHP 600,000 - 900,000; Full time

Job summary

Merck Group in the Philippines is seeking a Fixed Asset Accountant to manage accounting for fixed assets, capital projects, and related orders, ensuring accuracy and compliance with IFRS/GAAP. You will maintain the asset register, track acquisitions, depreciation, and disposals, and support audits.

The role requires 3–5 years in fixed asset accounting, proficiency with SAP or Oracle, and strong analytical and communication skills.

Qualifications

• 3–5 years of fixed asset accounting experience.
• Experience with fixed asset registers, depreciation, and disposals.
• Proficiency with ERP systems (e.g., SAP, Oracle).
• Understanding IFRS/GAAP in local and international contexts.

Responsibilities

• Maintain fixed asset register, track acquisitions, depreciation, and disposals.
• Perform fixed assets, projects accounting, and capital expenditure/order accounting.
• Support audits by providing documentation and explanations of fixed asset transactions and valuations.
• Collaborate with local finance teams to ensure data integrity.
• Provide training on fixed asset processes and best practices.

Skills

Fixed asset accounting

ERP systems (SAP/Oracle)

Analytical skills

Communication skills

IFRS/GAAP knowledge

Education

Bachelor's degree in Accounting/Finance

Tools

SAP

Oracle

Job description

Ready to explore, break barriers, and discover more? We know you’ve got big plans – so do we! Our colleagues across the globe love innovating with science and technology to enrich people’s lives with our solutions in Healthcare, Life Science, and Electronics. Together, we dream big and are passionate about caring for our rich mix of people, customers, patients, and planet. That's why we are always looking for curious minds that see themselves imagining the unimaginable with us.

Your Role:

• To perform Fixed Assets, Projects Accounting and Capital Expenditure /Order Accounting for diverse and complex business operations.
• Maintain an accurate fixed asset register, including tracking the acquisition, depreciation, and disposal of fixed assets.
• Work closely with other departments including local finance organizations and support ensuring the integrity of the Fixed Assets accounting data.
• Support the recording of all related financial activity in the Financial Services Statements and the ERP Fixed Asset sub ledger system.
• Conduct reconciliations and provide reporting and analysis services to internal customers as assigned.
• You are responsible for accounting and reporting all activity in accordance with generally accepted accounting principles, internal controls and company policies and procedures.
• Provide training and support to fixed asset accountant on fixed asset processes and best practices.
• Help develop and implement policies and procedures for fixed asset management, ensuring adherence to regulatory requirements.
• Assist in internal and external audits by providing documentation and explanations regarding fixed asset transactions and valuations.
• Strategic Impact:
• Operational Support: Ensure smooth day-to-day operations, aligning with the strategic objectives set by the Operations Manager.
• Data Accuracy: Ensure reliable data collection and reporting to support decision-making and operational strategies.
• Process Improvement: Identify and implement tactical improvements in asset management processes for greater efficiency.

Who You Are:

• Educational Background: Bachelor’s degree in Accounting, Finance, or a related field. CPA or equivalent accounting license is a nice to have but not required.
• Experience: Minimum of 3-5 years of experience in fixed asset accounting.
• Technical Skills: Proficiency in fixed asset management software and ERP systems (e.g., SAP, Oracle) is essential.
• Regulatory Knowledge: Strong understanding of local and international accounting standards related to fixed assets (e.g., IFRS, GAAP).
• Analytical Skills: Strong analytical and problem‑solving skills, with the ability to interpret financial data and provide actionable insights.
• Communication Skills: Excellent verbal and written communication skills, with the ability to effectively present information to various stakeholders.
• Global Perspective: Experience working in a global environment with an understanding of different regional practices and regulations.
• Work Environment: Willingness to work at BGC, Taguig, mid shifts (3 PM - 12 PM) and Night shifts (9 PM - 6 AM). Shifts change due to MEC.
• Functional & personal skills
• Analytical and Problem‑Solving Skills
• Good Communication Skills
• Leadership and Team Development
• Adaptability and Change Management
• Results-Oriented Mindset.

What we offer:

We are curious minds that come from a broad range of backgrounds, perspectives, and life experiences. We believe that this variety drives excellence and innovation, strengthening our ability to lead in science and technology. We are committed to creating access and opportunities for all to develop and grow at your own pace. Join us in building a culture of inclusion and belonging that impacts millions and empowers everyone to work their magic and champion human progress!