Value Flow, Product Accounting Inventory & Closing Associate - Management Accounting Associate

VFL, PAIV & Closing Associate

YOUR TASKS AND RESPONSIBILITIES

• Record, verify, and execute value flow and PAIV-related tasks in line with process guidelines, as to the following:
  • Cost center creation and master data maintenance
  • Internal order and WBS creation and master data maintenance
  • CCA, COPA and PCA cycle maintenance
  • Correction via cycle run, COPA Korr or 9KE0 postings
  • Material master data settings and maintenance
  • Standard price and cost estimates
  • Perform closing activities/steps related to cost accounting and product accounting, as well as closing tasks including GRIR activity, AP Accrual analysis, IFRS9, FCV run, revenue recognition adjustment postings, sales reporting, Vistex reconciliation (if applicable), and closing checks.
  • Demonstrate a basic understanding of operational processes.
  • Support, follow up, and escalate identified issues as needed.
  • Comply with all relevant standards, policies, and procedures.
  • Perform internal controls, ensuring timely and accurate completion.
  • Update and create documentation as required in relation to both operations and Function/Workstream involvement; monitor KPIs and take necessary action.
  • Perform resolution of findings to Regional Finance Hub/ AccP on monthly Value Flow Monitoring via system implementation.
  • Participate in relevant team meetings. Cooperate closely with team members and provide back-up support as needed.
  • Support functional projects (e.g., implementation of technical enablers, system migrations, roll-in/transitions of new services or companies).
  • Comply with Bayer policies and procedures and support company initiatives.
  • Attend all mandatory functional and essential skills trainings and complete assigned MyLearnings within the agreed timeline (e.g., F2F classroom training).
  • Performs ad-hoc activities on a need basis.

WHO YOU ARE

• Bachelor’s Degree in Accounting, Financial Accounting, Management Accounting, or similar equivalent degree• Preferably at least 1 year of professional experience in Cost Accounting, Financial Accounting, Product Accounting, General Accounting, Financial Analysis, or similar fields

• Fundamental understanding of global accounting and controlling processes and their point of intersection with other business processes
• Good communication skill (written / spoken)
• Analytical, proactive, with initiative and persistence for follow-up
• Good in issue handling, decision-making, interpersonal, and organizational skills
• Proactive approach, taking on ownership and actively aiming to live DSO behaviors

Preferred Qualifications

• Knowledge of Bayer Group accounting and reporting requirements, especially Product Accounting and/or Cost Accounting in accordance with the Bayer Management Accounting Policy
• Knowledge in SAP FI/ CO module, good overview of interfaces with other modules

Local regulations and legal requirements vary per country of hire and will be discussed with considered candidates individually based on their potential of hire.

Bayer is an Equal Opportunity Employer/Disabled/Veterans

Bayer is committed to providing access and reasonable accommodations in its application process for individuals with disabilities and encourages applicants with disabilities to request any needed accommodation(s) using the contact information below


If you meet the requirements of this unique opportunity, and want to impact our mission Science for a better life, we encourage you to apply now. Job postings will remain open for a minimum of ten business days and are subject to immediate closure thereafter without additional notice

IMPORTANT NOTE for POTENTIAL CANADIAN CANDIDATES: This position requires full vaccination against COVID-19

IMPORTANT NOTE for POTENTIAL GERMAN CANDIDATES: Applications from employees in Germany who may be affected by personnel reduction will treated favorably from other candidates in Germany

IMPORTANT NOTE for POTENTIAL US CANDIDATES: Bayer expects its employees to be fully vaccinated against COVID-19. Bayer active employees are also expected to disclose their vaccination status and if fully vaccinated, provide proof of vaccination status to Occupational Medicine. Bayer defines fully vaccinated in alignment with CDC which is two weeks after completing the two-dose vaccine regimen or two weeks after completing the one-dose regimen. Additionally, Bayer employees are also required to comply with state, local and customer requirements



Division: Enabling Functions Reference Code 875245
Functional Area: Accounting Location: Philippines : National Capital : Taguig
Employment Type: Regular Position Grade: E9