GL Accountant

     

JOB DESCRIPTION:

Abbott is a global healthcare leader, creating breakthrough science to improve people’s health. We’re always looking towards the future, anticipating changes in medical science and technology.

Working at Abbott

At Abbott, you can do work that matters, grow, and learn, care for yourself and family, be your true self and live a full life. You will have access to:

• Career development with an international company where you can grow the career you dream of.
• A company recognized as a great place to work in dozens of countries around the world and named one of the most admired companies in the world by Fortune.
• A company that is recognized as one of the best big companies to work for as well as a best place to work for diversity, working mothers, female executives, and scientists.

The Opportunity

As the General Ledger Accountant, you will be part of Corporate Financial Services (CFS) Manila and will be accountable for performing and reviewing day-to-day shared services operations for the region, including period-end close activities, reconciliations, trial balance analysis, accruals, amortization, fixed assets, intercompany transactions, compliance reporting, audit support, balance sheet reconciliations, and issue resolution. You will work closely with local finance stakeholders and support adherence to accounting, regulatory, and compliance requirements.

What You’ll Do

• Manage period-end close activities, including preparation, analysis, and posting of GL journal entries such as accruals, prepayments, intercompany transactions, fixed assets, and adjusting entries.
• Review and reconcile intercompany accounts while collaborating with Abbott business locations globally.
• Prepare monthly financial and trend reports in a timely, accurate, and efficient manner.
• Perform multi-currency bank reconciliations.
• Support account inquiries and fluctuations for month-end accounting reviews.
• Own and maintain reporting schedules required by stakeholders, ensuring accuracy and high-quality support.
• Assist local finance stakeholders with internal and external audit requirements during review procedures.
• Provide supporting documentation to auditors and ensure audit inquiries are addressed appropriately.
• Support responses to and remediation of audit findings as required.
• Prepare and maintain balance sheet account reconciliations.
• Ensure aged, open, and reconciling items are properly accounted for and adequately explained.
• Ensure balance sheet reconciliations contain sufficient supporting details and documentation.
• Participate in process improvement initiatives within the team and across the organization.
• Work closely with project owners and stakeholders to ensure successful implementation of initiatives.
• Enhance existing work schedules and develop new processes to improve efficiency.
• Participate in issue resolution activities and provide resolution for escalated operational issues.
• Perform root cause analysis, recommend preventive action plans, and maintain issue tracking logs.
• Address and resolve escalated issues related to GL transactions.
• Ensure all resolutions comply with internal policies, accounting standards, and regulatory requirements.

Requirements

• Bachelor’s degree in Accountancy; CPA designation is an advantage.
• At least 3 years of Record-to-Report (RTR) experience in a complex, multi-country shared services environment.
• Experience in specialized accounting areas such as intercompany, inventory, and product costing is an advantage.
• Strong understanding of US GAAP with the ability to apply technical accounting knowledge in day-to-day operations.
• Experience with SAP P01 or other enterprise systems is an advantage.
• Strong English communication skills with the ability to collaborate effectively with internal and external stakeholders at all levels.
• Proficiency in Microsoft Office applications, particularly Excel, Word, and PowerPoint.
• Team-oriented self-starter with the ability to thrive in a fast-paced environment with minimal supervision.
• Strong attention to detail and a commitment to continuous improvement.

Location

This position is based at Philippines

Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life.

Abbott is an Equal Opportunity Employer, committed to employee diversity.

Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews and @AbbottGlobal.

     

The base pay for this position is

N/A

In specific locations, the pay range may vary from the range posted.

     

JOB FAMILY:

Accounting & Reporting

     

DIVISION:

IFO International Finance

        

LOCATION:

Philippines > Taguig City : Five/Neo Building

     

ADDITIONAL LOCATIONS:

     

WORK SHIFT:

Standard

     

TRAVEL:

Not specified

     

MEDICAL SURVEILLANCE:

Not Applicable

     

SIGNIFICANT WORK ACTIVITIES:

Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day)