Technical Accounting Senior Analyst

Risewave Consulting Inc.; Taguig; On-site; PHP 900,000 - 1,300,000; Full time

Job summary

Risewave Consulting Inc. seeks a Finance Advisory professional to serve as a key partner, providing technical accounting advice, supporting regulatory implementations, and strengthening Finance policies and controls. You will collaborate across Finance and cross-functional teams on strategic initiatives.

The role focuses on establishing governance, evaluating accounting standards, and driving system enhancements as part of finance transformation projects.

Responsibilities

• Provide technical accounting guidance to Finance teams on complex accounting matters and recommend appropriate solutions.
• Prepare and review accounting memos, policies, guidelines, and other technical accounting documentation.
• Lead impact assessments of newly issued accounting standards, sustainability standards, interpretations, and regulatory requirements.
• Develop and execute implementation plans for new or amended accounting standards, including supporting system implementation or enhancements when required.
• Collaborate with Finance, Actuarial, Operations, and other cross-functional teams to resolve accounting issues and implement applicable accounting standards.
• Review financial statements and disclosures for compliance with accounting standards, regulatory requirements, and internal guidelines.
• Monitor emerging accounting issues, regulatory developments, and industry trends and provide insights or recommendations to stakeholders.
• Liaise with External and Internal Auditors on technical accounting and financial reporting matters, as required.
• Support third-party risk management activities, including financial viability assessments of vendors and review of supplier contracts and arrangements within agreed turnaround times.
• Develop templates, tools, and MBCTs to facilitate process improvements within SFIAA functional areas.
• Support Finance Academy and knowledge-sharing activities.
• Support strategic Finance initiatives requiring technical accounting expertise and knowledge of accounting processes.
• Serve as a Finance project lead or subject matter expert for system implementations, process enhancements, and other Finance transformation initiatives.

Job description

The Strategic Finance Initiatives and Accounting Advisory (SFIAA) team provides technical accounting expertise, strengthens Finance policies and controls, monitors financial reporting and regulatory developments, and supports Finance transformation and process improvement initiatives.

The role will serve as a key Finance business partner, providing technical accounting advice, supporting regulatory and accounting standard implementation, strengthening Finance policies and controls, and partnering with Finance and cross-functional teams on strategic initiatives.

Key Responsibilities

• Finance Policies, Controls & Process Improvement




• Develop, review, and maintain Finance policies, procedures, and operating guidelines.




• Establish and strengthen the Finance control framework through effective policies, guidelines, and governance practices.




• Ensure Finance policies and procedures comply with applicable regulatory requirements and corporate guidelines.




• Partner with Finance and cross-functional teams to align policies and processes with organizational objectives.




• Identify process gaps and inefficiencies and develop recommendations and solutions for process improvement.




• Communicate Finance policies and guidelines to relevant stakeholders and provide training or guidance as needed.




• Monitor the effectiveness of Finance policies and recommend updates or enhancements when necessary, including completion of PAC or similar attestations.




• Serve as a subject matter expert on Finance policies, controls, and operating guidelines.

Accounting Advisory & Financial Reporting

• Provide technical accounting guidance to Finance teams on complex accounting matters and recommend appropriate solutions.




• Prepare and review accounting memos, policies, guidelines, and other technical accounting documentation.




• Lead impact assessments of newly issued accounting standards, sustainability standards, interpretations, and regulatory requirements.




• Develop and execute implementation plans for new or amended accounting standards, including supporting system implementation or enhancements when required.




• Collaborate with Finance, Actuarial, Operations, and other cross-functional teams to resolve accounting issues and implement applicable accounting standards.




• Review financial statements and disclosures for compliance with accounting standards, regulatory requirements, and internal guidelines.




• Monitor emerging accounting issues, regulatory developments, and industry trends and provide insights or recommendations to stakeholders.




• Liaise with External and Internal Auditors on technical accounting and financial reporting matters, as required.

Other Finance Initiatives

• Support third-party risk management activities, including financial viability assessments of vendors and review of supplier contracts and arrangements within agreed turnaround times.




• Develop templates, tools, and MBCTs to facilitate process improvements within SFIAA functional areas.




• Support Finance Academy and knowledge-sharing activities.




• Support strategic Finance initiatives requiring technical accounting expertise and knowledge of accounting processes.




• Serve as a Finance project lead or subject matter expert for system implementations, process enhancements, and other Finance transformation initiatives.