Quezon City, PHL
9 hours ago
Global Accounting and Reporting, Accounting Specialist
Under general supervision, responsible for moderately complex accounting activities, such as creating standard journal entries, reconciling general ledger accounts, and assisting with the preparation of state filings, footnotes, and financial statement pages. Responsible as well for basic analysis with respect to specific areas of focus. **Position Responsibilities:** + accurate financial records, compliant submissions, and reliable management insights. Key responsibilities include, but are not limited to, the following: **1) Accounting and Reporting** + _Record-to-Report Execution:_ Apply professional accounting standards to accurately record transactions, maintain supporting documentation (including review/validation of intercompany agreements to support accurate accounting entries), and take full accountability for the accuracy and completeness of financial records (including investigating T&E expenses outside of budget). + _Period Close:_ Take ownership of the month-end close process by performing journal entries, accruals, and reclasses; reconciling sub-ledgers to the general ledger; evaluating accounts for legitimacy and substantiation; perform account reconciliation reviews and secure signoffs; approve and release journal entries in accordance with internal controls and compliance standards; and ensuring timely and accurate financial submissions. + _Benefits and Compensation Process_ : Provide financial oversight and analytical support for MFC employee benefits and compensation programs, ensuring compliance with internal controls, accounting standards, and regulatory requirements. Activities may include: + Ensuring accurate accounting and financial reporting of compensation-related expenses, including salaries, bonuses, and benefits accruals. + Collaborating with HR to validate payroll inputs, incentive payouts, and benefits costs for financial accuracy and compliance. + Performing variance analysis and cost tracking to monitor compensation trends and support budgeting and forecasting activities. + _Financial Reporting & Compliance:_ Prepare accurate financial submissions and support statutory and management reporting by ensuring alignment with internal policies and regulatory requirements, while proactively identifying and resolving reporting issues. + _Reporting and Analytical Support:_ Develop and deliver reporting analyses aligned with accounting standards to support ad-hoc decision-making. + Conduct targeted ad-hoc analyses as requested by stakeholders. + Prepare marketing allowance reports for management and financial analysts. + Review and validate sales incentive compensation accruals and payouts. + Process employee compensation accruals for Deferred Incentive Plans (DIP). + _Accounting Advisory Support_ : Support and participate in accounting discussions. + Support cross-functional teams during new business model evaluations, project initiatives, and resolution of ad-hoc accounting inquiries. + Apply new accounting standards, ensuring accurate implementation and alignment with corporate policies. + Participate in meetings, calls, and reporting activities related to changes in booking methodologies, regulatory studies, and financial reporting requirements. + **2) Cost Management & Planning** + _Cost Accounting_ : Apply costing methods (e.g., standard, marginal, absorption) to support operational and financial needs. Identify and update unit costs and analyze cost drivers. + _Budgeting & Forecasting:_ Contribute to budgeting, forecasting, and business planning activities by preparing accurate inputs, performing thorough variance analyses, and delivering insights. + _Expense Management:_ Calculate, record, and analyze expenses; perform allocations and variance analysis; reconcile general expenses and suspense accounts; validate T&E entries. + **3) Process, Controls & Systems** + _Process Compliance & Improvement_ : Adhere to established processes and SOX controls. Identify opportunities for process improvement and support implementation. + _Systems Proficiency:_ Demonstrate understanding of accounting systems and their functionality. Monitor technology developments and recommend practical enhancements. + _System Admin Maintenance:_ Set up cost centers, accounting units, and account structures based on functional requirements to ensure proper entry booking. + **4) Collaboration, Projects & Stakeholders** + _Stakeholder Engagement_ : Maintain effective relationships with internal partners such as Controllership, FP&A, Operations, Technology, and Marketing to clarify requirements, align timelines, and resolve issues collaboratively. + _Project Participation_ : Participate in execution of projects including process transitions, system enhancements, and audits by delivering on actions by cascaded deadlines. + _Finance Process Modernization_ : Support in-flight transformation projects and contribute to change initiatives. + _Teamwork_ : Coordinate day-to-day tasks, monitor quality and progress to ensure efficient team performance. **Required Qualifications:** + Education & Certification + Bachelor’s degree in accounting, Finance, or related field. + CPA (or equivalent) preferred. + Experience: 2 to 4 years’ relevant experience in accounting processes, including Record-to-Report (R2R), Procure-to-Pay (P2P), and Order-to-Cash (O2C), as well as financial reporting and cost management. + Technical Skills + Strong knowledge of accounting standards, transactional accounting, and financial reporting. + Proficiency in ERP systems and accounting applications. **Preferred Qualifications:** + Soft Skills + Strong analytical and problem-solving abilities. + Effective communication and collaboration skills. + Ability to manage change and drive process improvements. + Successful Behaviors + Embrace diverse perspectives and collaborate effectively across teams through active listening, inclusive interaction, and cooperative teamwork. + Take ownership of assigned objectives, proactively drive assigned work to completion, and consistently deliver high-quality work on time. + Assess business direction and evaluate the impact of change management on roles and responsibilities. + _This Job Description is intended to describe_ **_When you join our team:_** + We’ll empower you to learn and grow the career you want. + We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words. + As part of our global team, we’ll support you in shaping the future you want to see. **Acerca de Manulife y John Hancock** Manulife Financial Corporation es un importante proveedor internacional de servicios financieros que ayuda a las personas a tomar decisiones de una manera más fácil y a vivir mejor. Para obtener más información acerca de nosotros, visite http://www.manulife.com . **Manulife es un empleador que ofrece igualdad de oportunidades** En Manulife/John Hancock, valoramos nuestra diversidad. Nos esforzamos por atraer, formar y retener una fuerza laboral tan diversa como los clientes a los que prestamos servicios, y para fomentar un entorno laboral inclusivo en el que se aprovechen las fortalezas de las culturas y las personas. Estamos comprometidos con la equidad en las contrataciones, la retención de talento, el ascenso y la remuneración, y administramos todas nuestras prácticas y programas sin discriminación por motivos de raza, ascendencia, lugar de origen, color, origen étnico, ciudadanía, religión o creencias religiosas, credo, sexo (incluyendo el embarazo y las afecciones relacionadas con este), orientación sexual, características genéticas, condición de veterano, identidad de género, expresión de género, edad, estado civil, estatus familiar, discapacidad, o cualquier otro aspecto protegido por la ley vigente. Nuestra prioridad es eliminar las barreras para garantizar la igualdad de acceso al empleo. Un representante de Recursos Humanos trabajará con los solicitantes que requieran una adaptación razonable durante el proceso de solicitud. Toda la información que se haya compartido durante el proceso de solicitud de adaptación se almacenará y utilizará de manera congruente con las leyes y las políticas de Manulife/John Hancock correspondientes. Para solicitar una adaptación razonable en el proceso de solicitud, envíenos un mensaje a recruitment@manulife.com . **Modalidades de Trabajo** Híbrido
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