Financial Reporting And Compliance FRC Analyst

Job Description

Job Title: Financial Reporting and Compliance (FRC) Analyst

Department: Finance

Reports to: Assistant Controller – Head of FRC

Summary

The FRC Analyst is responsible for the consolidation of the financial results of the Agency’s operations. The position can be regarded as the gate-keeper of balances, thus ensuring completeness, compliance, and accuracy of all financial reports.

Responsibilities

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Monitor and Review the Accuracy of all Financial Transactions
• Prepares journal entries related to financial reporting and compliance.
• Assists in addressing unusual and aged items in the BS and IS and recommends adjusting entries.
• Monitors intercompany transactions (reconciliation, entries, billings, and settlement) and coordinates with the intercompany party to resolve out-of-balance figures.
• Clears offsetting entries and maintains valid balances for balance sheet (BS) accounts.
• Prepares BS schedules and ensures the accuracy of the reported balances.
• Reviews bank reconciliations performed by the shared service center and resolves issues, if any.
• Ensures the timely submission of entries and reports and the accuracy of financials during month-end closing.
• Collaborates with different Finance Teams (Billing and Collection Team, Cash Management Team, and Shared Service Center) to ensure that internal controls are in place.
• Submits monthly reporting requirements such as Hyperion schedules and other regional reports
• Assists in reviewing the completeness of requirements for vendor and client accreditation.
• Resolves audit findings through process improvement initiatives and control procedures etc.
• Assists in the preparation and submission of audit requirements – IPG-IA, IPG-RCT, Clients, Statutory (PwC).
  
  

• Works directly with superior for other tasks that may be assigned.
• Maintain positive relationships with other business units, Shared Service Center, and other stakeholders.
  
  

• Graduate of Accountancy or Accounting-related course
• Preferably a Certified Public Accountant (CPA)
• Minimum of 1 year of experience in a related field or assignment
  
  

• Proficient in MS Office Programs
• Accounting principles
• Strong attention to detail
• Highly organized
• Good analytical skills