Senior Cost Accountant

XP Power; Pasig; On-site; PHP 900,000 - 1,500,000; Full time

Job summary

XP Power Philippines is seeking a detail-oriented GL Accountant to manage AR, Fixed Assets, Inventory, and month-end close with strong intercompany and tax reporting in a multinational setting.

The role requires 8–10 years of GL/AR/Inventory/FA experience, SAP S4 FI/CO proficiency, and advanced Excel skills. Ability to work independently and meet tight reporting deadlines is essential for success.

Qualifications

• Bachelor's degree in accounting, finance or related field.
• 8–10 years of GL/AR/Inventory/FA accounting experience.
• Strong SAP S4 FI/CO knowledge and intercompany experience.
• Multinational environment exposure with audit support.

Responsibilities

• Manage Intercompany AR accounts and clear receipts accurately.
• Reconcile daily bank journals for HSBC sweeping arrangements.
• Monitor and review third-party and intercompany AR aging.
• Create PRs and fixed asset codes; review CER forms per policy.
• Prepare and review Asia & Europe cost reports; tax and withholding handling.
• Review inventory provisioning, counts, and aging; perform stock reconciliations.
• Support statutory audits and related schedules.
• Coordinate with sales, customer service, and finance teams for resolutions.
• Assist with government surveys and process improvements.

Skills

Intercompany accounting

GL accounting

Accounts Receivable

Inventory management

Fixed Assets accounting

SAP S4 FI/CO

Advanced Excel

Month-end closing

Education

Bachelor's Degree in Accounting/Finance

Tools

SAP S4 FI/CO

Excel

Job description

We are committed to our culture that values Customer Focus, Flexibility, Knowledge, Speed and Integrity. Joining our team means you will work in a high performing global company where employees collaborate and strive for excellence.

Job Description

We are looking for a detail-oriented and experienced GL Accountant to manage Accounts Receivable, Fixed Assets, Inventory accounting, and month-end closing activities. The ideal candidate will have strong experience in intercompany accounting, inventory management, tax reporting, and audit support within a multinational environment.

Key Responsibilities

Daily Responsibilities

• Manage Intercompany Accounts Receivable (AR) accounts including clearing receipts and offset listings.
• Perform daily download and reconciliation of bank journals for HSBC sweeping arrangements and receipts.
• Manage third-party AR accounts and clear customer receipts accurately and timely.
• Monitor and review customer aging reports for both third-party and intercompany accounts.

Weekly Responsibilities

• Create Purchase Requisitions (PR) for newly acquired assets.
• Create fixed asset codes for newly approved assets.
• Review Fixed Assets CER forms in accordance with company policy, including verification of quotations and approval requirements.

Monthly Responsibilities

• Prepare and review Demo/Engineering Cost reports for Asia & Europe.
• Handle withholding tax reporting for Singapore entities.
• Review and monitor Check Block Documents (VFX3) at month-end.
• Manage inventory stock provisioning and stock aging analysis.
• Perform inventory cycle counts and reconciliation activities.
• Generate inventory cycle count result reports for management review.
• Prepare ERF - XPPL Balance Sheet reconciliations.
• Review and prepare intercompany AR provisions and aging analysis.

Annual Responsibilities

• Support statutory audit and tax audit activities including preparation of schedules and supporting documents.

Ad-hoc Responsibilities

• Perform credit limit requests and reviews for new customers.
• Issue manual debit notes and credit notes to customers.
• Identify disputed invoices and track resolution, ensure timely closure of open disputes
• Coordinate with sales, customer service, and finance teams
• Support government surveys and reporting requirements such as National Survey, Singapore Investment Abroad, and Direct Investment surveys.
• Process improvement projects

Qualifications

• Bachelor's Degree in Accounting, Finance, or related discipline.
• 8-10 years of relevant experience in General Ledger, Accounts Receivable, Inventory, and Fixed Assets accounting.
• Strong knowledge of SAP S4 systems, especially on SAP FI/CO modules.
• Experience in multinational company environments and intercompany accounting.
• Knowledge of Singapore withholding tax and corporate tax processes is preferred.
• Strong analytical, reconciliation, and problem-solving skills.
• Proficiency in Microsoft Excel and financial reporting tools.
• Ability to work independently and meet tight reporting deadlines.
• Strong communication and stakeholder management skills