Cargill Fixed Asset Accountant in Sto Tomas, Philippines
Fixed Asset Accountant
Cargill provides food, agriculture, financial and industrial products and services to the world. Together with farmers, customers, governments and communities, we help people thrive by applying our insights and over 150 years of experience. We have 150,000 employees in 70 countries who are committed to feeding the world in a responsible way, reducing environmental impact and improving the communities where we live and work.
This position is responsible for leading and providing direction for transportation and agricultural logistics. The integration of various phases of the supply chain as customer focus, logistics of the factories, productive process, warehousing and distribution are a must for this position.
Oversees all day-to-day logistics planning and execution activities
CONSTRUCTION COST PROCESSES & PROCEDURES / COMPLIANCE;ANALYSIS & REPORTING
Tracks compliance with project schedule, contractors//suppliers agreements, payment schedule, compliance to project budget cost and related completion date.
Prepares and updates monitoring report for changes in the CAPEX movement/cost against approved budget on a weekly basis. Monitor for accounting/ operational controls processes, ensuring they are in compliance with Cargill’s policies and procedures.
Participate actively in weekly / biweekly review of project construction progress and review contractors/suppliers performance with project manager, safety manager and other senior members of the team.
Ensures cost are correctly reported in the CIP account
reconcile capex summary report to Balance sheets and P&L
review and ensure the CIP account are correct
Update project schedule and payment of contractors and suppliers including project retention
Currency hedging for contracts purchases stated in foreign currency
Cashflow projection for CAPEX
Work on the Cargill policies for cost items that can be included for CAPEX.
FIXED ASSET RECORDING
Record fixed asset acquisition and disposition in JDE; including asset master information (ASID ID)
Track the completion of the project cost per item acquired
Review and update the details of the asset master information
Assign assets numbers to each fixed asset
Transfer the CIP account to the fixed asset account
Run and calculates the monthly depreciation expense
Review the detailed schedule of FA and accumulated depreciation
Reconcile the balance in the FA subsidiary ledger to the GL account
Conduct periodic physical inventory count of FA
Review and record the spare parts related to the FA
Prepare monthly expense report for the repairs and spare parts of the FA
ANALYSIS and month end requirement
Record intercompany billing
Send intercompany confirmation
Import duties related to CAPEX are recorded
Ensure borrowing and/or FX related to CAPEX are recorded and accrual are made
Other tasks that may be assigned from time to time
Fixed asset reports are submitted on time
University degree in Accounting …
2-5 year accounting working experience within a multinational company
Proficient in Microsoft Excel and JDE
Strong communication skills – verbal and written
Strong analytical and conceptual skills
Ability to meet deadlines on a consistent basis; strong attention to detail
Willing to learn more than taught, does not wait to be told. Has strong initiative.
Team player, able to work with people of varying backgrounds, cultures, and positions.
Able to work under pressure and tight deadline
Keen eye for details and clarity of thoughts
Result oriented and highly adaptable
Primary Location Philippines-40-Sto Tomas
Job Type Standard
Shift Day Job
Req ID: STO00263