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Fixed Asset Specialist

Job ID:  3149
Location:  Taguig
Company:  Hedcor, Inc.
Department:  Finance Shared Services and Business Partner
Employment Type:  Probationary
Work Arrangement:  Hybrid

Finance Shared Services Specialist (Fixed Asset)

 ROR, SOLAR, WIND, GEO FINANCE SHARED SERVICES (FSS)

Job Summary

This position shall be primarily responsible for the timely and accurate recording associated with Company’s asset management and other balance sheet and income statement accounts in conformity with accounting standards, statutory and regulatory requirements. The position shall be responsible for providing financial, administrative, and clerical services to ensure effective and efficient business operations. The position is responsible for the monthly closing of corporate books and account analysis, and does various related clerical and routine accounting tasks in support of the company's strategic objectives.

Key Responsibilities

Fixed Asset Management

  • Reconcile fixed asset clearing accounts monthly.

  • Perform system additions, retirements/disposals, and depreciation of Property, Plant, and Equipment (PPE) each month.

  • Coordinate with external appraisers for PPE valuation when necessary.

  • Reconcile lapsing schedules and trial balance PPE cost and accumulated depreciation.

  • Conduct inventory counts with SCM, and coordinate PPE counts with SCM (Movable) and Operations (Fixed) supported by GA staff.

Other Schedules Management

  • Prepare monthly lead schedules for accounts related to fixed assets and coordinate with the General Ledger Team to resolve issues.

  • Generate reports requested by other departments.

  • Support the General Ledger Team with related-party reconciliations related to fixed asset transactions.

  • Reconcile construction-in-progress accounts in coordination with project owners monthly.

  • Prepare monthly roll-forward schedules detailing additions, disposals, and reclassifications.

  • Monitor transactions related to property damage claims.

  • Coordinate with compliance for Point-to-Point (P2P) asset data and compute the Energy Regulatory Commission’s (ERC) annuity.

  • Prepare PPE transaction listings and monthly capex summaries per asset type and project for the FBP Team.

Audit Management

  • Provide documentation requested by external auditors during interim and year-end audits.

  • Assist internal and external auditors by preparing necessary schedules and analyses.

  • Provide explanations and clarifications to auditors’ financial queries.

  • Prepare reports required by DOE auditors for government share audits.

  • Support compliance and documentation requirements for DOE, BIR, and other regulatory audits.

Other Related Tasks

  • Conduct financial policy and procedure orientations for new employees to ensure compliance.

  • Adhere to the company’s Integrated Management Systems (IMS) policies, standards, and procedures.

  • Report IMS events, incidents, or potential risks.

  • Protect information assets against unauthorized access, disclosure, modification, or destruction.

  • Maintain strict confidentiality of financial information and materials, ensuring these are only disclosed or used when required in the ordinary course of business, authorized by the company in writing, or ordered by a court of law.

  • Perform other related duties as assigned by the immediate superior in line with the function’s purpose.

Qualifications:

  • Graduate of Bachelor of Science in Accountancy.
  • At least 3 years of relevant professional experience.
  • Certified Public Accountant (CPA) preferred.

One (1) Vacancy in La Trinidad, Benguet

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