Description
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Job Function:
FinanceJob Sub Function:
AccountingJob Category:
ProfessionalAll Job Posting Locations:
Taguig, National Capital Region (Manila), PhilippinesJob Description:
Senior Accountant 1, Global Cash, Currency & Hedging
Requisition ID: R-017664
Job Function: Finance
Job Sub Function: Account to Report (A2R)
Job Category: Professional
Location: Manila, Philippines
Pay Grade: 24
Position Summary
The Senior Accountant 1 – Global Cash, Currency & Hedging is responsible for executing accounting, reporting, and reconciliation activities related to global cash management, foreign currency accounting, and hedging processes. The role partners closely with Treasury, Corporate Finance, Business Unit Finance, Controllers, and other Finance teams to ensure accurate financial reporting, strong compliance, and effective execution of key financial controls.
This position supports month-end, quarter-end, and year-end close activities while driving operational excellence, process improvements, and standardization initiatives across global markets. The successful candidate will demonstrate strong accounting knowledge, analytical capabilities, stakeholder management skills, and a commitment to quality and compliance.
Key Responsibilities
Financial Accounting & Reporting
- Perform accounting activities related to cash, foreign currency, and hedging transactions.
- Prepare and review journal entries in accordance with company accounting policies and US GAAP requirements.
- Ensure timely and accurate completion of monthly, quarterly, and annual close activities.
- Analyze financial results and investigate unusual balances or variances.
- Support preparation of financial reports and management reporting requirements.
Reconciliations & Close Management
- Prepare and review balance sheet reconciliations for assigned accounts.
- Monitor aged reconciling items and drive timely resolution.
- Investigate and resolve accounting exceptions, out-of-balance conditions, and discrepancies.
- Ensure supporting documentation is complete and audit-ready.
- Coordinate close activities with regional and global stakeholders.
Currency & Hedging Operations
- Support foreign currency remeasurement and revaluation processes.
- Perform activities related to hedge accounting, hedge effectiveness, and OCI-related accounting entries.
- Investigate and resolve foreign exchange variances.
- Partner with Treasury and finance teams regarding currency and hedging transactions.
- Support execution of currency-related controls and reporting requirements.
Controls, Compliance & Audit
- Execute SOX and internal control activities in accordance with corporate requirements.
- Maintain process documentation and control evidence.
- Support internal and external audits by providing required documentation and explanations.
- Ensure adherence to company policies, procedures, and compliance standards.
- Identify risks and support remediation activities where necessary.
Stakeholder Management
- Partner with Treasury, Controllers, BUF teams, and other Finance stakeholders.
- Communicate issues proactively and provide timely status updates on critical deliverables.
- Support issue resolution and continuous improvement initiatives.
- Build effective working relationships across global teams and functions.
Continuous Improvement
- Identify opportunities for automation, standardization, and process efficiency.
- Participate in finance transformation and digitalization initiatives.
- Contribute to process documentation, knowledge sharing, and training activities.
- Support implementation of system enhancements and process improvements.
Qualifications
Required
- Bachelor’s Degree in Accountancy, Finance, or related business discipline.
- Minimum 3 years of accounting, financial reporting, treasury, or cash management experience.
- Strong understanding of general accounting principles and financial reporting.
- Experience preparing journal entries and balance sheet reconciliations.
- Advanced analytical and problem-solving skills.
- Proficiency in Microsoft Excel and ERP systems.
- Strong verbal and written communication skills.
- Ability to manage multiple priorities and meet tight deadlines.
Preferred
- Certified Public Accountant (CPA).
- Experience in a multinational corporation or shared services environment.
- Exposure to Treasury, Cash & Bank, Foreign Currency, or Hedging processes.
- Experience supporting SOX compliance and audit activities.
- Knowledge of SAP and financial systems.
- Experience participating in process improvement or automation initiatives.
Leadership Expectations
The successful candidate will demonstrate:
- Accountability and ownership
- Strong compliance and control mindset
- Customer and stakeholder focus
- Collaboration and teamwork
- Continuous learning and improvement
- Data-driven decision-making
- Commitment to operational excellence
Required Skills:
Preferred Skills:
Accounting, Accounting Policies, Analytical Reasoning, Audit Management, Budgeting, Business Behavior, Communication, Controls Compliance, Cost Management, Detail-Oriented, Execution Focus, Financial Analysis, Financial Management, Financial Recordkeeping, Financial Reports, Financial Risk Management (FRM), Generally Accepted Accounting Principles (GAAP), Issue Escalation, Numerically Savvy
