Entity Accountant (Fixed Asset)

The Role: Entity Accountant (Fixed Asset)

What will you do?


* Review fixed asset acquisitions and disposals in the accounting system, including IFRS 16 lease-related asset accounts.


* Revalidate newly capitalized assets monthly, ensuring accuracy of naming, location, asset category, and useful life.


* Conduct periodic physical counts of fixed assets.


* Timely review Construction-in-Progress (CIP) balances monthly, ensuring aged CIP items are properly identified, monitored, and justified.


* Reconcile the balance in the fixed asset subsidiary ledger to the summary-level account in the general ledger.


* Ensure timely review of balance sheet reconciliation in Blackline and identified action points are resolved


* Review and update the detailed schedule of fixed assets and accumulated depreciation.


* Investigate the potential obsolescence of fixed assets.


* Conduct periodic impairment reviews for intangible assets.


* Recommend to management whether fixed assets should be disposed of, ensuring all asset disposals are properly reviewed and approved prior to retirement in the books.


* Conduct analyses related to fixed assets as requested by management.


* Prepare audit schedules relating to fixed assets and assist the auditors in their inquiries.


* Support external or internal audits, these include any BIR audits and process audits.


* Recommend to management any updates to accounting policies related to fixed assets.


* Understand Group's accounting policies as well as local statutory, accounting and tax requirement


* Increase the accuracy of the financial information by ensuring data has been correctly booked and take corrective actions if required


* Ensure auditable track of reconciled accounts on the balance sheet including working with Shared Service team for clearing data, including ensuring timely certification in Blackline Account Reconciliation at entity level


* Assist in statutory field audit for timely sign off with unqualified opinion


* Support the implementation of best practices on consolidation and internal control team to simplify, standardize and scale our business and global organization


* Collaborate within Finance community to support the overall function goals


* Work cross functionally with expert functions and business owners on policies, processes, and help drive key system initiatives and improvements

Who would be successful?


* Candidate must possess at least a Bachelor's/College Degree or Professional License in Finance/Accountancy/Banking or equivalent.


* 1-3 years of fixed asset accounting experience.


* Must be detail oriented.


* At least 3-5year(s) of working experience in the related field


* Strong understanding of Internal controls and policies


* Knowledge in ERP/Accounting systems such as SAP, Oracle (preferred)


* Work experience in an auditing firm and shared services/multinational co...