General Accountant (us gaap)Emerson Electric Asia Ltd. ROHQ

General Accounting Senior Specialist - to support North America sites (night shift schedule)
Description
Provide Due Diligence and Accounting Support for the smooth integration of acquisitions to Emerson. Prepare the Emerson Climate Technologies Consolidated Financial Statements. Ensure that the financial statements adhere to US GAAP, supported by audit documentation, and internal control testing.
Responsibilities
US GAAP to international Financial Reporting Standards reporting transition
U.S review of Foreign Local GAAP reconciliation - new audit requirement
Lease accounting reporting changes - new GAAP requirement
Financial statement standardization - consistency in definition and EMR classification by all existing entities and acquisitions. Acquisitions also require training and continuing assistance in EMR accounting requirements - overhead absorption, deferred variation, excess and obsolete and tax stream
Foreign balance sheet reviews - new EMR requirement
Legacy and acquisition account mapping to HFM / Oracle reporting
Hyperion (HFM) autoload project
EX100 mapping in general ledger reports
Financial hedging activities - Euro, Peso, Baht, RMB
Eliminate worldwide in transit inventory by matching intercompany payable to intercompany receivable
Oracle month end closing process
Functional currency evaluation for each foreign acquisition and periodic review of existing operations
Warranty logic testing and monitoring for electronics
Balance sheet other asset and liability detail and descriptions
Growing internal/external audit support
Separate EMR reporting package for each acquisition
Quarterly restructuring reporting and guidance
Extended warranty programs - separate analysis required for each specific agreement
Expanded cash flow statement reporting by entity
Transaction/transaction gain/loss allocation to balance sheet
Accounting for Customer inventory agreements (Carrier, Thermoking)
Expanded participation in Internal control site reviews
Quarterly Tax Stream Reporting - all current and deferred tax accounts by entity (Currently Annual)
Bank account administration to include annual reporting and certification of global users and access rights
Financial statement XV Accrual and Allowance Roll Forward schedule
Additional Functions
Attend training, workshop, seminar, and focus group discussions of the team
Support GSC operational excellence initiatives and employee goals by contributing to other projects, if needed.
Requirements
Candidate must possess at least a degree in Finance, Accountancy or Business Administration
At least two (2) years' experience in financial statement preparation, creating financial reports
Reconciliation experience is required
Excellent written and spoken communication skills in English.
Knowledgeable in MS Office application particularly in Excel
Ability to make independent decisions based on good judgment
Ability to resolve problems efficiently and reliably
Ability to listen actively and effectively
Analytical and strong attention to details
Confident and have strong influencing skills
Results driven
Foster Teamwork
Proactive