General Ledger Accountant

Abbott Laboratories


Date: 7 hours ago
City: Taguig
Contract type: Full time

Position Title: General Ledger Accountant

Abbott Rapid Diagnostics is part of Abbott’s Diagnostics family of businesses, bringing together exceptional teams of experts and industry leading technologies to support diagnostic testing which provides important information for treatment and management of diseases and other conditions.

The General Ledger Accountant position is based in Manila as part of our Corporate Finance Services (CFS) Galway team. This role is responsible for managing controllership activities associated with period end close and Finance reporting including monthly, quarterly and annual close process and regulatory reporting. A few critical activities performed by a GL Accountant include General Accounting, Statutory & Financial Reporting and Intercompany Processing & Reconciliations.

This job description will be reviewed periodically and is subject to change by management.

RESPONSIBILITIES:

  • Assist in the preparation of Monthly Financial Reports, Annual Financial Statements and any other internal or external reports required, ensuring that they are completed in a timely, accurate and efficient manner.
  • Assist in transition of GL functions both into and out of the CFS team.
  • Develop new and streamline existing processes and systems as required to ensure more efficient delivery of value-add information to both internal and external stakeholders.
  • Be an effective team player who will drive efficiency and continuous improvement throughout the department.
  • Essential Functions:
    • Preparation of monthly financial reports, ensuring they are completed in a timely, accurate and efficient manner.
    • Preparation, analysis and posting of journals at month end.
    • Preparation and analysis of balance sheet reconciliations at month end.
    • Calculation, posting and analysis of monthly accruals and prepayments, ensuring that all items are accurately captured.
    • Review and reconciliation of inter-company accounts, involving communication with other Abbott business locations worldwide.
    • Preparation of multi-currency bank reconciliations.
    • Preparation of variance analysis and standard cost updates as required.
    • Provide cost information to management and other departments as required.
    • Support in transition of functions to other locations into the CFS team.

  • Other Duties:
    • Collaboration with external audit staff for periodic year-end review procedures and local statutory audits as required.
    • Provision of input on local finance policies and procedures ensuring ongoing compliance for all accounting and finance operations.
    • Participation in ongoing policy and control environment development to ensure compliance with applicable internal control regulations.
    • Enhancement of existing processes and development of new ones to ensure the most efficient completion of duties.

BASIC QUALIFICATIONS | EDUCATION:

  • Bachelor or College Level Degree or equivalent
  • 0 - 5 years relevant experience – preferably with Shared Service Centre and multinational corporation background
  • Strong written and verbal communication skills are essential
  • Able to work alone to understand and summarize financial data into high quality, accurate and usable summaries
  • Strong computer skills especially MS Office

PREFERRED QUALIFICATIONS:

  • Must be a qualified accountant
  • Accounting Qualification – CPA or equivalent
  • SAP/Oracle or other major ERP Systems experience is desirable

An equal opportunity employer, Abbott welcomes and encourages diversity in our workforce.

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