Accounting specialist | general ledgerEmerson Electric (Asia) Limited

Purpose
The Specialist II, General Ledger is responsible for processing Cash Application to include cash receipts/ netting allocation, reconciliation, ad hoc invoicing, other month-end activities, preparation of audit requirements mainly for Automation Solutions Middle East & Africa. He/She is required to apply appropriate internal controls in compliance to Corporate Policies and Procedure (CP&P) and Generally Accepted Accounting Principles (GAAP) mainly for Automation Solutions Middle East and Africa.
Duty 1: Cash Application Processing
Extracts/receives bank statement from the banking website/ site point of contact
Uploads the bank statement to the SharePoint or Sends the statement to the POC
Updates the excel file of the bank transaction for the day
Matches payment details against open invoices
Coordinates any discrepancy with Credit Control/CFS/Customer (POC)
Request details from point of contact for unidentified payment
Applies payment received to open invoices
Verifies completeness of the cash application/Consolidates applied invoices and notify the point of contact
Validates data for consistency
Analyse and provides input for exception items during cash application
Develops and Implements error-proofing method to ensure all transactions are booked accurately
Duty 2: Reporting and Reconciliation
Accounts Receivable Trade Reconciliation
Reconciles the Accounts Receivable Trade balances in General Ledger (GL) against the Subsidiary Ledger (SL) and analyses difference through investigation of manual journal or non-AR related transactions posted in the GL
Provides resolution and adjustment on the identified difference
Liaise with the Oracle team to implement fixes on process or transactions issues to avoid recurrence
Operations Reporting
Consolidate the cash application processed daily with corresponding receipts for collection reporting
Prepare year to date comparative report of transactions processed and determine the cause of increase or decline through customer account analysis
Determine common errors in cash application process and implement corrective and preventive control to avoid recurrence
Duty 3: Audit
Prepares and provide audit requirements to the site and auditors
Duty 4: Month-end Activities
Revaluation
Verify reasonableness of the revaluation result through comparison with prior period results
Sends the file to the Local and Site POC
Balance Sheet Allocation
Maintains tracker and databases to ensure that all transactions are recorded and verifies with the counterparts for further entries
Run the auto allocation process and check the balances
Investigates unallocated balances using comparative analysis
Countercheck balances upon posting of the manual allocation
Provide go signal to the Site/RA to proceed with their Financial upload
Raise to Oracle team to set-up allocation for accounts that has no auto allocation set-up
Journal Posting
Prepares Journal Adjustments, Uploading and Posting to Oracle
Ensure validity of supporting documents prior processing and completeness of saved supporting back-up in the designated repository
Education:
Bachelor's Degree in Accountancy or any Accounting related degree
Job Related Experience:
At least 3 years work experience in general accounting, bank reconciliation, fixed assets, cash receipts application, Intercompany transactions and credit collection or audit
Specific Knowledge:
Proficient in MS Office applications with background in MS Outlook.
Proficient in using ERP applications
Knowledgeable in Internal control
Knowledgeable with GAAP
Skills:
English Communication skills (oral & written)
Analytical Skills
Attention to detail skills
Interpersonal skills
Ability to follow detailed workflow and instructions
Time / Work management skills
Business Understanding:
Experience in working for a Shared Service or BPO set up is an advantage
Entry Level / Junior, Apprentice Accounting and Finance Electrical / Electronic Manufacturing 1 opening Bachelor's degree graduate
At Emerson, we're passionate about what we do. By fusing decades of technology and engineering expertise, Emerson continues to solve some of the world's most complex challenges with innovative solutions for customers in industrial, commercial, and residential markets. We recruit the greatest talent and apply the best technologies to benefit our customers worldwide. Automation Solutions is a leader in helping process and discrete manufacturers automate and optimize production processes through our best-in-class technologies and industry expertise. Commercial & Residential Solutions develops technologies and services that improve human comfort, safeguard food, protect the environment, enable sustainable food waste disposal, and support efficient construction and maintenance of buildings and municipal infrastructure. Emerson has a wide range of industry knowledge, manufacturing expertise, and technological innovation around the world. Join our next generation of leaders today.
Kalibrr

Quezon City, Metro Manila
Permanent
Full-time