Commercial Finance Accountant - Sales and Marketing Job at The Hershey Company (Makati, Metro Manila)

Job Description

The Commercial Finance Accountant is responsible to support the end-to-end Commercial Accounting Process of the International Markets: Cluster 1: Asia Pacific & India Cluster 4: Europe, Middle East & Africa & World Travel Retail (WTR). The core task of Commercial Finance Accountant includes timely and accurate preparation of monthly accruals and analysis primarily for Direct Marketing Expenses (DME) in accordance with Hershey Financial Policy and U.S. GAAP and variance analysis for Divisional Expenses (SGA) actual vs outlook/plan analysis. The role will be responsible for account reconciliation and reporting to ensure that the balance per subsidiary ledger agrees with the balance per books and will perform commitment reviews with Finance and Marketing. This position will be the Commercial Accounting Control partner in execution & implementation of controls to support the business. On an ongoing basis, the Commercial Finance Accountant is expected to perform based on the key result area of the process, meet/exceed metrics set based on the Key Performance Indicator, identify improvements, and execute related controls in-scope.

Job Responsibility

Support the end-to-end Commercial Accounting Process of the International Markets: Cluster 1: Asia Pacific & India Cluster 4: Europe, Middle East & Africa & World Travel Retail (WTR)
Timely and accurate preparation of monthly accruals and analysis primarily for Direct Marketing Expenses (DME) in accordance with Hershey Financial Policy and U.S. GAAP and variance analysis for Divisional Expenses (SGA) actual vs outlook/plan analysis
Account reconciliation and reporting to ensure that the balance per subsidiary ledger agrees with the balance per books
Perform commitment reviews with Finance and Marketing
Be the Commercial Accounting Control partner in execution & implementation of controls to support the business
Perform based on the key result area of the process, meet/exceed metrics set based on the Key Performance Indicator, identify improvements, and execute related controls in-scope
Month End Close Activity
Preparation and posting of Blackline Journal Entries and internal order posting and settlement related to the approved accruals and adjustments
Preparation of DME consolidated reports, i.e. GL and subsidiary reconciliation, month end close packages accrual advise forms and balance reviews of key accounts assigned
Reconciliation of DME Balance Sheet Accounts and ensure it is reconciled against the related Income Statement line
Prepare various analysis and reporting for SGA to assess business impact and risk to be reported across the business
DME Management, Substantiation and DME Tool Reconciliation
Perform substantiation of supports and proof of works or completion report to ensure timely and accurate accrual of Advertising spends
Divisional Expenses (SGA) Actual vs Outlook/Plan Reporting and Analysis
Account Reconciliation
Periodic reconciliation with the distributor & marketing, to ensure correctness of the DME account balances including commitment reviews to ensure no aged items on the retained accruals for prior years and current year’s spending
Trade Spend Management Review
Divisional Expenses (SGA) Reporting Tool
Financial Review for DME PL & BS
Continuous Process Improvement
KPI Tracking and Reporting
SOX Compliance & Testing, Internal and External Audit Supports
Other Tasks

Requirements

BS Accountancy, or its equivalent, preferably CPA
2+ years exposure in Financial Accounting, US GAAP
Knowledgeable in S4 SAP
Knowledgeable in Microsoft Office (Excel, Powerpoint, Sharepoint)
Power BI & Power App is a plus
Strong Accounting Judgement Skills
Strong Analytical and Problem-Solving Skills
Strong Reporting Abilities
Process discipline, Attention to Details and Organization Skills
Process Improvement Mindset
Strong Oral and Written Communication Skills
Project Management Skills is a plus
Must have at least 3 years of experience in end-to-end RTR process involving finance analysis
Certified Public Accountant (CPA) candidates are highly preferred
Must have Advanced Excel Skill (strong formulas knowledge) and PowerPoint
Must be knowledgeable in big accounting systems such as Oracle, SAP, etc.
Someone experienced in doing month end close and variance analysis
Someone with Reporting Capability and able to communicate effectively with non-finance people
Someone knowledgeable with Accounting principles
Someone with S4 Hana and Power Apps experience is a plus
Someone experienced in SharePoint, Blackline, and Condition Contracts is a plus
FMCG Experience handling Sales and Marketing Expenses is highly preferred
Candidates with shared services industry experience is preferred
Amenable to a flexible schedule with a base shift of morning shift (8:30 am to 5:30 pm)

Nice to have

Power BI & Power App is a plus
Project Management Skills is a plus
Someone with S4 Hana and Power Apps experience is a plus
Someone experienced in SharePoint, Blackline, and Condition Contracts is a plus
FMCG Experience handling Sales and Marketing Expenses is highly preferred
Candidates with shared services industry experience is preferred

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Commercial Finance Accountant - Sales and Marketing

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