Specialist II General Ledger - (22024926)

Industry Category	Accounting / Finance	Position	General / Cost Accounting
Recruitment Department		Number Of Recruits	several
Work Location	All Cities	Nature Of Work	Full Time
Gender Requirements	Male	Marriage Requirement	No marital status restrictions
Education Level	Bachelor's Degree	Work Experience	No work experience restrictions
Age Requirement	Above 18 years old	Salary Package	Negotiable
Updated Date	2022-09-24	Valid Until	Long-term validity

IN THIS ROLE YOU WILL:

Duty 1: Intercompany credit control  

Chases for the payment of long overdue accounts by sending follow up emails to the Accounts payable contacts.Identifies/reviews and resolves invoicing issuesEscalates to the Regional Accountant or next level manager any non-responsive Accounts Payable POCValidate and resolves minor disputes (example: wrong currency used in invoice, incorrectly billed company), by recommending corrective actions to the appropriate site POCs.Resolves major disputes (pricing issues, product quality concern, etc.) by acting as the intermediary between the accounts payable contact (or purchaser) and the sales team.

Duty 2: Intercompany Recharges

Generates the cost center balances for recharge for the period and prepares the draft of the invoicesValidates dispute by checking the records and supporting documents for accuracyIdentifies/reviews and resolves invoicing issuesReviews and sends the invoice drafts to the Regional accountants and site POC for approval.Books Cost center invoices into Oracle once approved and send to the accounts payable site contactRaises disputes on the invoices to the issuing site Point of contact and Regional accountantReconciles and analyzes the transactions of the Accounts Receivable suspense account to determine the items for cross chargingRecommends resolution for aged items with incomplete details, without Intercompany partners code, missing backups and disputed chargesCollates and gathers required back up for the invoice.

Duty 3: Intercompany Cash Application

Extracts/receives bank statement from the banking websiteMatches payment details against open invoicesAnalyzes, qualifies, and completes netting application.Request details from Accounts Payable point of contact for unidentified paymentApplies payment received to open invoicesVerifies completeness of the netting application/ Consolidates applied invoicesValidates data for consistencyAnalyze and provides input for exception items during cash applicationResolves issues/concerns regarding invoice issues contacts to customers, Site Finance, Business Units. Serves as point of escalation and generates remarks on Accounts Receivable ReportDevelops and Implements error-proofing method to ensure all transactions are booked accurately

Duty 4: Reporting and Reconciliation

Reconciles the Netting receivable and payable  balance by verifying discrepancies, and proposing solutions for reconciling items.Prepares and post the journal entry related to the identified reconciling items (bank charges, forex difference, cash pool transactions)Communicates with Site POC and Accounts payable contact any reconciling item in the netting reconciliationEscalates resolution of outstanding reconciling items based on escalation matrix if no response is received from the POCSecures approval from the site finance heads and approvers for the issuance of credit/debit note to offset, approval of variance to pay etc.Prepares KPI reports/charts from requirement provided by stakeholders

Duty 5: Month end Activities

Ensures cleared AR dashboard by communicating disputes to POC or provides support in resolving issuesGenerates data in the system, analyze and reconcile balances between subledger and trial balancesReconciles system against scheduleAnalyzes recorded invoices to determine correctness and validity of the as-of balance and verify if additional recognition is requiredPrepares Journal Adjustments, Uploading and Posting to OracleChecks for completeness and validates compliance of Reports.Performs sense check on relevance of Reports and month end close activities based on trendsTroubleshoot and resolves disputes encountered on entries

Duty 6: Audit  

Prepares and provides supporting documents for audit requirements.Provide basic support (perform background check, audit trail of transactions, entries, coordination with other point of contacts, etc.) on issues such as user contact & issue communication trail.

FOR THIS ROLE YOU WILL NEED:

Education: Bachelor’s Degree in Accountancy or any Accounting related courses Job Related Experience:  At least 3 years work experience in general accounting or audit. Specific Knowledge:Proficiency in MS Office applications with background in MS Outlook.Proficient in using ERP applications.Knowledgeable in Internal control.Knowledgeable with GAAP. Skills:English Communication skills (oral & written)Analytical SkillsAttention to details skillsInterpersonal skillsAbility to follow detailed workflow and instructionsTime/Work management skills

WHO YOU ARE:

You have a strong drive for results, exhibits passion and enthusiasm to get things done. You are proactive and detailed-oriented with the ability to work under pressure and prioritize workload. You are highly innovative in approaching problem-solving effectively and efficiently. With excellent communication skills. You are interpersonal savvy and able to collaborate and effectively work with a team and people across any level.

#LI-Hybrid

Are you ready to join a purpose-driven, global technology, software and engineering company?A career — and future — at Emerson is grounded in and centered around our Purpose: We drive innovation that makes the world healthier, safer, smarter and more sustainable. Headquartered in St. Louis, MO with 170 locations and 86,700+ employees worldwide, Emerson is a universal brand that serves local communities across the globe. With a 130+ year history, we take pride in our past, but remain focused on our future.In the Philippines, Emerson plays a strategic role in supporting global and regional functions for the company and its customers in the fields of accounting, analytics, customer support, engineering, finance, information technology, human resources, marketing and business development, and supply chain management.Our Automation Solutions business helps process, hybrid, and discrete manufacturers maximize production, protect personnel and the environment while optimizing their energy and operating costs.Our Commercial & Residential Solutions business helps ensure human comfort and health, protect food quality and safety, advance energy efficiency and create sustainable infrastructure.Living Our Purpose as One EmersonEvery day, our global workforce fulfills our unified Purpose and lives out the Values we hold close as an organization: Integrity, Safety & Quality, Support Our People, Customer Focus, Continuous Improvement, Collaboration, and Innovation.Our Causes – Planet, Humanity, Champion, Inclusion and Future – shape, define and fuel Emerson’s culture while inspiring our innovative spirit and driving our focus.Learn more: https://www.emerson.com/en-us/about-us/living-our-purposeAwards & RecognitionEmerson is ranked among the leading companies in the United States and across the globe – but don’t just take our word for it.2022 Linkedin Top Companies in the PhilippinesDec 2021 to Dec 2022 Great Place to Work Certified™ 2021 GradPhilippines Top 100 Graduate Employers2022 Human Rights Campaign Foundation Best Places to Work for LGBTQ+ Equality2021 Women Engineer Magazine Top 50 Employers2020 Forbes Best Employers for DiversityLearn more: https://www.emerson.com/en-us/about-us/awards-recognitionBenefits at EmersonThrough our benefits, development opportunities, and an inclusive work environment, we aim to create an organization our people are proud to represent.• Competitive Wages and Benefits – We provide employees with market-competitive pay and benefits package.Allowance: food, transportation, clothingNight DifferentialLife InsurancePersonal Accident InsuranceRetirement BenefitPerfect Attendance IncentiveGuaranteed Midyear Pay• Career Development Opportunities – We help team members reach their highest potential with learning programs.• Healthcare – We offer quality healthcare coverage (medical and dental) for our team members.• Paid Leaves – Vacation, Sick, Parental, Bereavement• Tuition Reimbursement for Approved Programs – We support opportunities for employees to advance their education.• Safe Working Environment – Safety is a top priority across our global network and workplace.• Well-Being Programs – Well-Being Days, Counseling Service for team members and their family, Fund Assistance• Blended Work Benefits – Work from Home Allowance, Internet Subsidy, Workstation Set-up ReimbursementWhether you’re an established professional looking for a career change, an undergraduate student exploring possibilities, or recently received your master’s degree, you’ll find opportunities with us.Join our team and start your journey today!Visit our career site: emerson.com/en-ph/careers