R2R Accountant (13631250)

Job ID GPSD-0611303 Job type Full-time Regular Work country Philippines Position type Entry level Work city Quezon City Posted 13-Nov-2013 Travel No travel Job area Finance & Accounting (non consulting) Business group Global Process Services Delivery Job category Finance Business unit F&ASolns&Del Job role Accounting Analyst Job role skillset General Commissionable/Sales-Incentive jobs only No

Job description

This job role may include some or all of the following:  Prepare and record, on a timely and accurate basis, the company's financial performance using Generally Accepted Accounting Principles, IBM Accounting Principles and Local Statutory/Tax requirements;  Perform complex operational/technical accounting and analysis and profitability reporting;  Provide sound management information and interpretation while ensuring high standards of financial control and analyzing and interpreting financial data, requiring knowledge of accounting theory /tax rules and application of corporate policies, practices and procedures. Employees in this role maintains high sensitivity to control fundamentals and posture for the organization as well as interpret and implement corporate accounting instructions and control procedures relative to both internal and external requirements. Also analyzes recommendations for changes to standards and formulates procedures to address emerging issues not covered under existing standard practices / policies;  Identify / define / coordinate system change requirements to meet emerging business needs.  Provide control and maintenance of assigned general ledger accounts, including account reconciliations and ledger entries. Resolves technical issues, providing both internal and cross functional guidance and expertise. Responsibilities may also include: o Maintenance of accounting systems / applications, including source control and system tie-outs o Coordination and control for accounting systems in operational functional area, including scheduling requirements, change requests, education and maintenance  Analysis and review with management, of monthly financial performance (year-to-year, sequential trending).  Provide summaries and evaluations of the output and analysis of other professionals in developing consolidated views of profitability / financial positions and provides reviews with the functional director of accounting and finance line and executive management. KEY RESPONSIBILITIES AND ACTIVITIES 1. Balance Sheet Accounting/Statutory Accounting  Overall operational execution i.e including ledger analysis, review and update financial codes, record ledger entries, perform periodic BS reconciliations. Maintain Chart of accounts. Manage and ensure operation of the monthly, quarterly, and yearly closing schedule.  Contract review  revenue recognition. Interpret standard contractual terms and conditions for accounting treatment.  Perform and manage the software (SW) unbundling and amortization process. Perform monthly, quarterly current, non current deferred revenue reclassification.  Review and determine accounting entries and perform gross profit analysis before and after process to ensure appropriate matching.  Perform and manage worldwide warranty accrual process. Perform cost exclusions analysis. Perform quarterly and annual cost skew analysis. Record quarter warranty accrual journal entries.  Perform and manage shipped but unbilled process; business partner & agent fees process; business partner provisions process.  Perform and manage future billing adjustment provisions process 2. Hardware Revenue/ Maintenance Revenue and Cost Accounting  Perform standard costing (analysis and update of standard costs) and Variance analysis.  Maintain rates for manufacturing value-add and freight. Perform worldwide analysis of incurred/applied variance and manufacturing value add (MVA).  Provide sub-ledger controls including reconciliation, error correction, open/close, table maintenance.  Perform goods received/invoice received (GR/IR) analysis, aging and reconciliation for vendor and interplant goods.  Perform post goods billing adjustments (credit corrections).  Perform outbound transaction testing as part of valuation of goods for customs purposes.  Account for global logistics charges

Required Bachelor's Degree Certified in Certified Public Accountant English: Fluent

Preferred Accounting/Finance

IBM is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.