Financial Accountant Fixed Assets

Work Location: Makati City

Work Arrangement: Hybrid/ Shifting Schedule (3 weeks Mid Shift from 3pm – 12mn and 1 week on Night Shift from 8PM to 5AM on month end. 2x a week RTO)

Summary: 

GBS Record to Report - Fixed Asset Team, Manila is committed to provide exceptional customer service within The Hershey Company, by assuring prudent stewardship of the Company’s assets.

The Fixed Asset Accountant will perform various functions in ensuring effective maintenance of the organization’s fixed assets. The Fixed Asset process includes, but are not limited to, 1) Creation, Maintenance and Closing of Internal Orders related to Capital Asset projects; 2) Transfers, Disposals and Retirement of Assets via Hershey Capital Asset Relocation and Disposal (CARD) system and 3) Fixed Asset related month end reports.

This role is expected to Partner with US Fixed Assets team, and will be working together to ensure process excellence, continues improvement, business partnership and service delivery thru define metrics, is met or exceeded.

Major Duties/Responsibilities: 

Capital Asset Administration

The role is expected to perform the following task, based on the identified frequency:

Internal Order (IO)/ Work Breakdown Structure (WBS) Maintenance

• Review of IO & WBS creations (openings)
• IO changes (e.g., PM change, Budgets)
• Review of IO Closures (e.g., Close, TECO)
• Preparation of Manual TECO
• Any other process as identified to be under Capital Assets Administration

Capital Asset Relocation and Disposal System (CARD) System Administration

The role will handle related requests on que on the Hershey CARD System

• Disposal
• Retirement
• Asset Sale
• Asset Transfer

Capital Asset Month-End Reports and Account Reconciliation

• Month End Reports

• The role is expected to deliver identified month-end reports, such as , Capital Retainage, Idle Asset Reserve, and Open IO Analysis. Any other reports identified in the future will also be in scope.

• Account Reconciliation

• Hershey uses the Blackline System for Balance Sheet Account Reconciliation. Account Reconciliations are identified as either Key or Non-Key, depending on their nature. The frequency of reconciliation will depend on the account classification.

Others:

• Audit Support

• Responsible for preparing and submitting documents required for internal or external audit of the Hershey books and work processes. Together with the immediate manager, the role is responsible for timely communication and resolution of issues identified during any internal or external audit

• Continuous Process Improvement
• Key Performance Indicator (KPI) Tracking, Issue Resolution and Service Delivery

• The role is responsible for meeting and exceeding a predefined set of metrics, including defining new metrics, as needed. Escalation Matrix and guidelines is established within Record to Report Manila Team, adherence to timely escalation and resolution is expected.

• Adhoc/ other Tasks:

• Others related ad hoc roles that may be assigned with alignment with the HBP RTR Manager.

Minimum knowledge, skills and abilities required:

• BS Accountancy, or any Business course with a higher level of accounting
• At least 3 years of end-to-end Fixed Asset experience
• At least 1-year General Accounting Experience
• Certified Public Accountant, preferred
• Proficient understanding of US GAAP on Fixed Assets
• Basic knowledge of SAP
• Knowledge in Microsoft Office (Excel, PowerPoint, SharePoint)

Minimum Education and Experience Requirements: 

• At least 3 years total work experience in End-to-End Fixed Assets Accounting.
• Certified Public Accountants are highly preferred.
• Must have excellent stakeholder management skills.
• Must have working knowledge in SAP.
• Must have strong business partnering experience with stakeholders.
• Must be a critical thinker.
• Must be able to work on minimal supervision.
• Must be adaptable to changes.
• Must be amenable to work on mid and night-shift schedules.
• Must have the capability to establish rapport and strong collaborative relationships with cross-functional teams while also having the ability to push back when needed.