Accounting Associate

Accounting & Structured Finance Makati City, Philippines


Description

Accounting Associate

Makati City - Philippines

 

About Citco

Citco is a global leader in fund services, corporate governance and related asset services with staff across 80 offices worldwide. With more than $1 trillion in assets under administration, we deliver end-to-end solutions and exceptional service to meet our clients’ needs.

For more information about Citco, please visit www.citco.com

About the Team & Business Line:

For over 75 years Citco has developed an ethos of service excellence and partnership in corporate fiduciary and administration that our clients rely upon. Through our global office network we provide a full suite of corporate administrative services to set up, administer and maintain corporate entities throughout their life cycle.

Working with our Governance Services team, you will work with multinationals, corporates and private clients to provide critical support that helps them meet the increasing regulatory and compliance requirements that shape the industry.

Your Role:

The Accounting Associate is a member of the Accounting Data Processing (‘ADP’) function within Citco Governance Services (‘CGS’) and is responsible for the processing a high volume of documents received from multiple sources translating them in to a standardized format and coordinating and booking these documents to the accounting applications in use within CGS.

The Accounting associate will need to verify and edit data as needed, coordinate the storage of the documents on platforms in a standardized manner, complete accounting bookings on the accounting platforms in use within CGS, look for optimization opportunities and work the accounting offices globally across CGS. 

Always with the CGS client in mind, the Accounting Associate will make sure that information received from the client is stored in the underlying systems and is accurate, valid and available.

The Accounting Associate reports to the Accounting Supervisor.

 

Your Responsibilities:

Accounting Data Processing (‘ADP’) function responsibilities:

  • Process client invoices received into CGS as follows:

­        Ensure that invoice documents are named in line with standard naming conventions as defined by CGS

­        Ensure that invoice documents are stored on the correct location within ViewPoint

­        Complete processing of the invoices to the accounting platforms. This will include booking of the invoices to the correct GL accounts, coordinating the automation of bookings to the accounting platforms and looking for further automation and standardization techniques.

­        Additional set-up of static data to allow transactions to be processed

­        Provide error report on booking errors / issues

­        Work with Local Offices globally to resolve errors / issues

  • Process bank transactional information received into CGS as follows:

­        Ensure that bank statements are processed correctly by the relevant accounting platforms

­        Additional set-up of static data to allow transactions to be processed

­        Complete processing of bank statement transactions to the accounting platforms. This will include booking of the bank statement transactions to the correct GL accounts, coordinating the automation of bookings to the accounting platforms and looking for further automation and standardization techniques.

­        Provide error report on booking errors / issues

­        Work with Local Offices globally to resolve errors / issues

  • Follow the relevant procedures and user guides as necessary, including quality controls to ensure data integrity input.
  • Identify and escalate potential ADP risks or concerns.
  • Identify and escalate areas of improvements, including, but not limited to, automation.

 

About You:

  • You have a Bachelor’s Degree in Sciences, Accounting or equivalent.
  • Experience in accounting would be an advantage.
  • Accounting qualifications would be an advantage.
  • You are effective planning and organizational experience to set priorities and coordinate projects to meet deadlines in a fast-paced environment.
  • You have financial / accounting and analytical skills and the ability to deliver high quality service.
  • Knowledge of preparation of financial statements based on GAAP and IFRS would be considered an advantage.
  • Organizational skills – ability to manage several sub-projects in parallel, keeping matters organized and prioritized.
  • Technical appetite – Advanced Excel skills; interest in automation solutions
  • Ability to work with and adapt to different cultures, requiring different management styles in order to make people cooperate for the larger goal.
  • High level of accuracy and attention to detail
  • Flexible to work with different time zones.
  • Excellent English communication skills, in writing and verbally.
  • ‘Change’ mentality.
  • ‘Getting things done’ mentality.
  • ‘Thinking outside the box’ mentality.

 

Our Benefits

Your well being is of paramount importance to us, and central to our success. We provide a range of benefits, training and education support, and flexible working arrangements to help you achieve success in your career while balancing personal needs. Ask us about specific benefits in your location.

We recognize diversity as a source of organizational pride and strength. We have made it a priority to reflect our nation’s evolving diversity in the people we hire, and the culture we create in our organization.

Citco welcomes and encourages applications from people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection.