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IOM in Manila is seeking a National Accounting Officer to manage global financial reporting, consolidation, and period-end closing in alignment with IPSAS. You will lead a team, ensure timely and accurate financial data, and coordinate with Headquarters' Financial Accounting Division.
The role emphasizes strengthening internal controls, coordinating audits, and improving accounting processes with Oracle Fusion and IPSAS knowledge.
Organizational context: The International Organization for Migration (IOM) in Manila seeks a National Accounting Officer. This role operates under the Chief of Manila Institutional Financial Services, coordinating with HQ's Financial Accounting Division. The position is crucial for managing and overseeing the team's functions related to global financial reporting, consolidation, period-end closing, accounting adjustments, and financial reconciliations.
Job purpose: The National Accounting Officer is responsible for managing and overseeing the team's critical financial operations, including global financial reporting, consolidation, and period-end closing processes. This role ensures accurate and timely financial data through meticulous accounting adjustments and reconciliations. By coordinating closely with Headquarters' Financial Accounting Division, the officer contributes significantly to the integrity and reliability of IOM's global financial statements. The position plays a key part in maintaining sound financial management practices, supporting organizational accountability, and facilitating informed decision-making through high-quality financial information.
Responsibilities: Manage and oversee the team's preparation, review, and consolidation of global financial reports, ensuring accuracy, completeness, and timeliness in compliance with IPSAS and IOM policies. Validate and integrate financial reporting inputs, resolving inconsistencies through technical analysis. Analyze significant account movements, identify root causes of variances, and recommend corrective actions to ensure reliable balances and reduce audit exposure. Lead monthly, quarterly, and year-end closing activities, applying IPSAS and closing calendars to deliver on schedule with sound financial data. Coordinate accounting module openings and closings, anticipating and resolving blockers to preserve process integrity. Oversee the preparation and evaluation of central accounting adjustments and period-end entries. Manage year-end transition activities, including validating opening balances for a dependable start to the new financial year. Maintain and assess the effectiveness of financial close controls, implementing adjustments as risks evolve. Oversee the reconciliation of Subledger to General Ledger balances and Primary to IPSAS books, analyzing and guiding the resolution of differences. Evaluate and elevate significant reconciling items. Strengthen reconciliation processes and internal controls over financial reporting. Guide ad hoc and management reporting, resolving escalated issues. Contribute to streamlining and automating accounting processes. Develop and review SOPs and process documentation. Steer support for internal and external audits. Manage and direct the team, including resource planning, prioritization, and performance monitoring.
Education: A Master’s degree in Finance, Accounting, or a related field with five years of experience, or a University degree with seven years of experience, is required. A Certified Public Accountant (CPA) or equivalent certification is advantageous. Certification in Oracle Fusion Cloud Financials, General Ledger is also desirable.
Work experience: Requires a minimum of seven years of relevant work experience in accounting or finance, with audit experience being an advantage. Demonstrated experience with Oracle Fusion financial modules and proven supervisory or managerial experience are essential.
Skills: Experience in accounting/finance, including preparing complex financial and management reports. Sound knowledge of Oracle Fusion and IPSAS. Familiarity with business risk controls and audit/review procedures. Proficiency in MS Office applications. Strong analytical and problem-solving skills, with the ability to review and revise business processes for efficiency.
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