Accountant I

Job description

Job Description

Requisition ID: 1805700709W

Accountants and Accounting Assistants are responsible for performing transactions for General Accounting, Intercompany or Fixed Assets for specific business sector(s) and countries serviced by Global Finance Services - Asia Pacific (Manila) in J&J.

Reports to directly:
·  GA Team Lead
·  FA Team Lead
·  IC Team Lead

Principal Accountabilities

General Accounting
·  Perform and maintain master data (GL Accounts, Cost Center, Internal Order, Exchange Rate, Fixed Assets, Standard Cost etc).
·  Prepare and post Intercompany transactions.
·  Prepare and reconcile cash balances, including preparation of cash-related entries arising from bank vs book reconciliation.
·  Prepare Cash, Fixed Assets reports for submission to Corporate consolidation.
·  Prepare and post non-closing related journal entries (ex. prepayment amortization, accrual).
·  Prepare and reconcile Intercompany and other GFC-owned Balance Sheet accounts.
·  Prepare Intercompany reports for submission to Corporate consolidation.
·  Prepare and post closing-related journal entries (ex. sales reserves, provisions, inventory adjustments, inventory revaluation, advertising & promotion equalization).
·  Perform initial P&L analysis as required by the Sectors/Countries.
·  Prepare and reconcile Balance Sheet accounts other than those owned by GFC.
·  Perform depreciation, allocations, assessment, distribution runs.
·  Prepare and submit reports for Corporate consolidation.

Fixed Assets
·  Maintain CAR
·  Capitalize fixed assets and process asset movements
·  Complete FA postings and depreciation
·  Prepare reports and reconcile accounts for analysis and approval
·  Ensure the Fixed Asset master data reflects the information provided by the business.
·  Provide the business with required information for physical inventory and respond to inquiries
·  Run Fixed Assets reports when required
·  Ensure recording of all supporting documentation
·  Ensure book values are reconciled with tax values

Inter-company
·  Invoice inter-company transactions
·  Participate in IC reporting and IC closes
·  Prepare IC netting information and initiate wire transfers
·  Respond to escalated IC queries and issues
·  Provide direction in relation to J&J's IC policy with respect to the policy's guidelines and requirements for use, which involves independent judgment and analytical skills with regards to the policy
·  Review IC invoices and requests for invoices for compliance with J&J corporate policies using independent judgment to assure adherence to the policy
·  Voucher, maintain and manage IC payables for all J&J entities that are customers of GFS - Asia Pacific (Manila)
·  Work closely with required parties to research and resolve differences with IC accounts

Desired profile

Qualifications

· University degree in Accountancy or Finance related fields
· 0-5 years experience in General Accounting (GA) , Fixed Assets (FA), Intercompany (IC) is preferred but Accounts Payable (AP) or Accounts Receivable (AR) functions will also be considered; fresh graduates are encouraged to apply
· Professional certification (e.g. CPA) preferred but not required
· Ability to read, write and speak English
· Willing to be assigned in Paranaque
· Willing to be assigned on a night shift (9pm to 6am)

Primary Location
Philippines-National Capital-Manila-
Organization
Johnson & Johnson Services Inc. (6090)
Job Function
General Accounting
Requisition ID
1805700709W