GL/PEC Coordinator (Night Shift)

Nestlé; Meycauayan; On-site; PHP 300,000 - 540,000; Full time

Job summary

Nestlé Philippines seeks an Accounting Operation Specialist/PEC Coordinator for the night shift to oversee accounting operations including PEC, AR, AP, and balance sheet reconciliations. You will ensure timely close, apply NAS/NIBS standards, and drive process improvements in collaboration with markets and NBS teams.

You will coach team members, maintain control procedures, and support audits while ensuring accuracy of financial reporting, intercompany balances, and fixed assets reconciliations

Responsibilities

• Ensure that Accounting Operations (AO), Accounts Receivable (AR), and Accounts Payable (AP) activities in scope for Nestlé Business Services are executed timely and per KPIs.
• Drive excellence in AO/AR/AP by implementing best practices and internal controls; propose changes for efficiency.
• Ensure PEC steps are performed accurately and on time; follow up on open items in all assigned balance sheet accounts.
• Prepare Magnitude Schedules on-time per NAS/NIBS.
• Review and sign-off the BSR Master reconciliation file for assigned company codes.
• Coordinate PEC debriefs, workstream reviews, and MOR to resolve open items.
• Coach and train team members; build functional capability.
• Ensure AO/AR/AP activities are executed timely per KPIs; conduct PEC daily calls and reviews.
• Monitor financial accuracy; apply internal controls procedures; support markets.
• Provide auditors with required information within timeframes.
• Process manual journal entries in Nessoft; execute bank, BTQ, Fixed Assets reconciliations; ensure SLAs are met.

Job description

<h3>Accounting Operation Specialist/PEC Coordinator (Night Shift)</h3> <h3>Position Summary</h3> <p>Joining Nestlé means you are joining the largest food and beverage company in the world. At our very core, we are a human environment – passionate people driven by the purpose of enhancing the quality of life and contributing to a healthier future.</p> <p>Our Team in Nestlé Business Solutions is in charge of delivering world class business support to our colleagues and clients in Nestlé globally. We are committed to deliver with passion, reliability, innovation, discipline and excellence. Are you ready to join us?</p> <h3>A day in the life of...</h3> <ul> <li>Ensure that all Accounting Operations (AO), Accounts Receivable (AR), and Accounts Payable (AP) activities in scope for Nestlé Business Services (NBS) are executed in a timely manner and according to the agreed Key Performance Indicators (KPIs).</li> <li>Drives towards excellence in Accounting Operations (AO), Accounts Receivable (AR), and Accounts Payable (AP) by ensuring best practices are implemented and business/internal controls are in place. Propose change initiatives to ensure the efficiency of the operations</li> <li>Ensure reconciliations and Period End Close (PEC) steps are performed accurately and on time, identification and follow-up of open items in all assigned balance sheet accounts is in place</li> <li>Ensure Magnitude Schedules in-scope are prepared on-time, accurately and according to the latest NAS and NIBS. Ensure financial accuracy of accounts through Nestlé Internal Balance Sheet Standards (NIBS) & Nestlé Accounting Standards (NAS) compliance.</li> <li>Responsible for the *review and sign-off of the BSR Master reconciliation file for assigned company codes.</li> <li>Drive and coordinate PEC debriefs, workstream reviews, and co-facilitate MOR to ensure timely resolution of open items.</li> <li>Coaches and trains the team members to address the functional capability building needs.</li> <li>Ensure that all the activities and functions under Accounting Operations (AO), Accounts Receivable (AR) and Accounts Payable (AP) in scope for Nestlé Business Services (NBS) are executed in a timely manner and according to the agreed Key Performance Indicators (KPIs)</li> <li>Conducts regular PEC daily call, debriefs and workstream reviews with the Market, including identification of improvement opportunities</li> <li>Drives towards excellence in the operations by ensuring best practices are implemented and business/internal controls are in place</li> <li>Support the market that he/she provide services for by assessing the financial accuracy of accounts, managing sanity check for accounts, and applying the market defined internal controls procedures</li> <li>Monitors the financial accuracy of accounts through Nestlé Internal Balance Sheet Standards (NIBS) & Nestlé Accounting Standards (NAS) compliance</li> <li>Ensure AO reporting is produced and distributed according to the agreed market periodicity and Period-End-Close (PEC) (NNMS; CACT; CIG; GLOB; MOGE)</li> <li>Handles escalated PEC issues and complaints from the Market and works with the NBS Team in providing analysis and resolution.</li> <li>Execute projects that will bring improvement to productivity and efficiency including documentation and update of Standard Routines</li> <li>Collaborate with specific markets, Nespresso HQ & NBS Project Team in implementing best practices of AO processes"</li> <li>Participate in internal and external benchmarking of Operations performance as and when instructed by NBS regional management</li> <li>Contribute in building the team's capability by providing coaching and trainings relevant to the process, including assistance in the creation and update of training materials</li> <li>Perform Stock on Date and Stock in transit reconciliation</li> <li>Ensure execution of controls set per each performed process.</li> <li>Provide auditors (internal & external) with all required information in accordance with the request and set timeframes"</li> <li>Process manual journal entries in the Nessoft based on the requests submitted by Market via K2 (authorized postings); calculate & process manual journal entries in the Nessoft based on the steps documented in standard operational procedure (rule-based postings)</li> <li>Execution of other AO activities such as bank reconciliation, BTQ reconciliation, Fixed Assets reconciliation, IG & Credit card reconciliation</li> <li>Ensure the accuracy and timeliness of services delivered to markets is in accordance with Service Level Agreements as agreed and signed with the markets & Nespresso HQ"</li> </ul>