MakatiFinance Officer (19000953) PRIMARY LOCATION : PHILIPPINES-PHILIPPINES-MAKATI CITY ORGANIZATION : AP Global Support Functions
CONTRACT TYPE : Regular
SHIFT : Day Job
SCHEDULE : Full-time
DESCRIPTION
JOB SUMMARY
The Finance Officer (Payables & Financial Accounting) is responsible for the processing of all suppliers, service providers and employee expense claims, advances and liquidation. His/her responsibilities are carried out adhering to the organization’s policies, procedures, standards and resources.
SPECIFIC DUTIES
PAYABLES:
Processes supplier’s invoices and employee expense claims for payment via check release or deposit by matching and verifying purchase orders, requisitions, delivery receipts, vendor statements and entering employee reimbursement into the accounting system.
Ensures accounts payable invoices and expense claims are accurate, properly coded, authorized for payment and proper withholding taxes have been applied.
Generates payments, ensures checks are authorized according to policy and distributed to payees.
Facilitates payments to health service providers and insurance beneficiaries via online bank system after documents validation.
Provides relevant information to other business units relating to suppliers’ and service providers’ disbursements.
Ensures that proper controls and compliance with regulatory agencies (BIR, SEC, SSS, Philhealth, HDMF and others) are in place when carrying out payable-related functions.
Liaise with various stakeholders on payable-related transactions, including furnishing proof of payment, tax certificates or other payment details.
FINANCIAL ACCOUNTING:
Prepares monthly account reconciliation for payables and other schedules related to payables & expenses.
Responsible for the recording of receivables, collections, intercompany transactions and other monthly closing adjustments, e.g., accrual, deferrals, provisions, etc.
Responsible for recording the costs & depreciation and preparing the schedules of fixed assets (both tangible & intangible).
Responsible for maintaining the schedules of prepayments, employee cash advances and other assets.
Accountable for the monthly preparation of bank reconciliation for local and regional (Pandore: Monthly Cash Report).
Ensures that proper controls are in place when carrying out financial accounting functions.
Liaise with various stakeholders on financial accounting related transactions.
REPORTS GENERATED
Check vouchers & other supplier payments
List of checks for release/deposit
Accounts Payables Reconciliation
Fixed Assets’ Schedule
Bank Reconciliation
Schedule of Employee Cash Advances
Prepayments Schedule
Schedule of Other Assets
PERFORMANCE SKILLS & CRITERIA:
Payables:
100% on time payments to suppliers, service providers and employees.
2% allowable rejection/error rate in payments processing (coding)
100% withholding on all supplier payments (2% allowable error on tax coding)
0% duplicate or erroneous payee
Financial Accounting:
100% on time submission of schedules
Tolerable error in account reconciliation - P3K & below unreconciled variances
QUALIFICATIONS
Accountancy graduate (CPA is an advantage)
At least 2-3 years of relevant experience
Proficient in Microsoft Office applications and ERP
Keen to details
Good communication skills
Team player
ABOUT AXA
AXA Group is the world leader in insurance and asset management. We protect and advise our clients at every step in their lives, by offering products and services which satisfy their needs in the areas of insurance, personal protection, saving and asset management. AXA is the leading insurance brand worldwide, with over 100 million clients. We are transforming from payer to partner for our client, with a strong focus on risk prevention.Our mission: Empower people to live a better life.Our values: Customer First, Courage, Integrity and One AXA.
AXA Partners is an AXA transversal business unit offering a wide range of solutions in assistance services, travel insurance and credit protection.AXA Partners’ role is also to implement innovative solutions emerging from the AXA Innovation unit.Our mission is to help our Corporate clients to enrich their customers’ experience, with more than 9,000 employees at their service anywhere, anytime.
WHAT WE OFFER
By joining AXA Partners, you will work in a responsible company, which offers a real culture of expertise & diversity. Our focus is on accelerating the development of everyone’s skills, whilst offering attractive and competitive compensation and opportunities for professional development and growth.Additionally, at AXA, we work to make a real difference to people - when amazing things happen and when we create opportunities for a better life, the feeling of pride is extraordinary.
