National Accounting Officer

The National Accounting Officer is responsible for managing and overseeing the team’s functions related to global financial reporting and consolidation, period-end closing, accounting adjustments, and financial reconciliations under the supervision of the Chief, Manila Institutional Financial Services and in coordination with the Chief of Accounting in Financial Accounting Division at Headquarters.

Responsibilities

• Manage and oversee the team's preparation, review and consolidation of schedules, notes and appendices for IOM’s global financial reports, including periodic financial management reports, annual financial statements and other corporate reporting requirements, applying IPSAS and IOM policies
• Validate and integrate financial reporting inputs from relevant accounting units, resolving inconsistencies through technical analysis, to produce quality and consistent consolidated financial information
• Analyse significant account movements and unusual or abnormal balances in consultation with FAD, establish root causes and recommend corrective actions with the relevant accounting units
• Contribute in leading the team's monthly, quarterly and year-end central closing activities in Oracle Fusion/WAVE and apply IPSAS and closing calendars
• Manage and coordinate the opening and closing of accounting modules with relevant stakeholders across the Organization, anticipate closing blockers and drive timely resolution of issues
• Oversee the preparation and review of central accounting adjustments and other period-end entries and evaluate their basis and accounting treatment
• Manage year-end transition activities, including Statement of Financial Performance carryover to retained earnings and validate opening balances
• Maintain controls over the financial close, assess their effectiveness and adjust as risks evolve
• Oversee the reconciliation of Subledger balances to General Ledger balances, analyse reconciling differences, and guide respective process owners
• Manage and oversee the reconciliation of Primary books to IPSAS books and analyse reconciling differences
• Evaluate significant and long-outstanding reconciling items, escalate material or unresolved issues with recommended courses of action
• Strengthen reconciliation processes and controls by assessing gaps and recommending improvements
• Assess and strengthen appropriate internal controls over financial reporting, closing, reconciliation and related accounting processes
• Guide the delivery of ad hoc and management reporting requirements and resolve escalated issues
• Contribute to the design of initiatives to streamline, standardise and automate accounting and financial reporting processes
• Develop and review SOPs, work instructions and process documentation, and recommend improvements to accounting policies and procedures
• Steer support to internal and external audits, including preparation and review of schedules, reconciliations, supporting documentation and draft responses to audit queries
• Manage and provide direction to the team, including planning and allocation of resources, setting priorities, monitoring performance and timely and quality delivery of key outputs
• Perform such other relevant duties as maybe assigned

Requirements

• Master’s degree in Finance, Accounting or a relevant field from an accredited academic institution with five years of relevant work experience
• University degree in Finance, Accounting or a relevant field from an accredited academic institution with seven years of relevant work experience
• Certified Public Accountant (CPA) or equivalent is an advantage
• Certification in Oracle Fusion Cloud Financials, General Ledger is an advantage
• Minimum seven years of relevant work experience in the field of accounting, finance, budgeting, audit experience an advantage
• Demonstrated experience in Oracle Fusion financial modules
• Demonstrated supervisory and/or managerial experience
• Experience in the field of accounting or finance including the preparation of complex annual financial reports and management reports
• Sound knowledge of Oracle Fusion and IPSAS (International Public Sector Accounting Standards), business risk controls, and audit/review procedures
• Computer literacy including proficiency in MS Office applications; knowledge of other IT packages and their implementation is an advantage
• Good analytical and problem-solving skills; capable of designing, reviewing and revising business processes to achieve efficiency

Skills

• Financial Reporting
• Budgeting
• Accounting
• Audit Procedures
• Oracle Fusion Financials
• General Ledger
• IPSAS
• Business Risk Controls
• Financial Reconciliation
• Period-End Closing
• Management Reporting
• Supervision Experience
• Senior Managerial Experience
• Microsoft Office Suite
• Business Process Design
• Problem Solving

Languages

English