Point-of-care diagnostics is a growing and dynamic industry helping to improve clinical and economic outcomes globally. Abbott brings you a variety of expert viewpoints on new innovations, insights, and impacts that are shaping the future of diagnostics. Abbott Rapid Diagnostics is part of Abbott's Diagnostics family of businesses, bringing together exceptional teams of experts and industry leading technologies to support diagnostic testing which provides important information for treatment and management of diseases and other conditions.
This position is within our Global Business Services - Manila located at Five Neo Building, Bonifacio Global City, Taguig, Philippines. This role is responsible to support all activities surrounding the design, operation, documentation, and verification of financial processes, procedures, and controls. Responsibility includes test of controls pertaining to revenue. This role requires strong analytical and investigative skills in conducting the periodic tests to ensure their accuracy and completeness; and good communication skills for relaying results, particularly in obtaining required supporting documentation or communicating necessary adjustments.
Duties and Responsibilities
A. Monthly Activities
Month-End close- preparation of multiple journal entries in QAD and/or SAP P01 + posting + sign off
Perform month-end closing activities and ensures that all activities are completed timely and accurately based on the Global Calendar and in accordance with agreed SLA
Assist in preparation of ARDx monthly financial reporting and tax packages
Perform bank reconciliation, monitors, and clear open items
Reconcile balance sheet account reconciliation
Monthly updating of Intercompany templates (International ARDx entities) + confirmation + any follow ups: this includes applying netting and issuing cross-charges invoices to other entities
Investigating any Intercompany mismatches on workday 2 (end of day) and workday 3
Loading trial balances for few ARDx entities
Fixed Assets Maintain FA ledgers for addition, disposal, and transfers. Includes depreciation run and reconciliation between FA register and GL
Ensure compliance with SOX, internal controls, Abbott Corporate and division/department specific policies and procedures i.e. creating an audit list of journal entries posted in a month vs. JEs PDF sign offs + follow ups
B. Controls and Compliance
Monthly Controls Performance perform internal controls review and complete documentation in accordance with Abbott's requirements
Documentation of control procedure, workpaper for Revenue Global Oversight Control.
C. Quarterly/ad-hoc Activities
Participation in ongoing policy and control environment development to ensure compliance with applicable internal control regulations.
Identify process improvement areas and coordinate with Opex to translate ideas to action plan
Point of Contact for audit requirements and queries; Collaboration with external audit staff for periodic yearend review procedures and local statutory audits as required
Preparation or Review of SOPs based on changes on the process
Required Experience and Skills:
Bachelor's Degree in Accounting or Finance
5- 8 years of finance professional experience in the field of accounting processes
Previous experience in General Ledger function is required
Bilingual fluent in English and Japanese language both in written and verbal communication skills are essential.
Certified Public Accountant is preferred.
Ability to multi-task
With Controllership and legal entity management background
Experience in inventory management and product costing is an advantage
Excellent attention to detail and proven organizational skills
Highly motivated, reliable, accurate and able to work independently
Strong analytical and troubleshooting skills
Clear and demonstrated understanding of US-GAAP with ability to apply technical knowledge in a practical manner to day-to-day operations
Ability to demonstrate an understanding of good internal controls
Motivated, team-oriented, self-starter with the flexibility to work in a fast-paced environment with minimal supervision
Knowledgeable in Australian processes/regulatory requirements and QAD System is a plus
Exposure in Process Migration documentation of work procedures, process standardization and process improvements
