ACCOUNTING ANALYST

ACCOUNTING ANALYST I 

POSITION OBJECTIVE

This position is to report to Accounting Manager. The objective of this position is to prepare and support the consolidation and reporting process. This includes assuring financial results are accurately consolidated and reported to the corporate management. This also includes promoting an understanding of financial results, responding to inquiries on a timely basis and assuring the company complies with IFRS, corporate policies and other mandated accounting regulations, and assisting with internal/external audits.

MAJOR AREAS OF ACCOUNTABILITY  

DUTIES AND RESPONSIBILITIES:

Follow Accounting Supervisor’s instruction to perform following accounting functions:

•  Prepare monthly consolidated financial reporting
•  Prepare monthly reporting packages for Corporate Controller’s meeting with the Upper     Management
•  Prepare monthly reports required by Formosa Plastics Taiwan
•  Reconcile monthly CIP and F/A balances and prepare monthly CIP and F/A rollforwards 
•  Review and post Form A registrations and payments, and reconcile quarter-end legal reserve
•  Maintain the insurance system and the person in charge of Formosa Insurance Company
•  Assist with internal and external audits
•  Prepare supporting documents of the IFRS 
•  Research and/or update IFRS standards to Corporate Controller/Managers
•  Reconcile and/or analyze account balances
•  Prepare quarterly reports for Finance Department
•  Prepare annual budget, goals and presentations
•  Report government census
•  Review and calculate incentives
•  Support other section teammates
•  Improve internal control and accounting system
•  Answer internal inquiries regarding consolidated financial statements
•  Other special projects and assignments

QUALIFICATIONS:

TECHNICAL JOB CRITERIA
     
Previous Related Experience Required

• Two years of experience in accounting; Consolidated financial statement preparation experience preferred. CPA firm experience is plus.

Technical Skills Required To Perform This Job

•  Knowledge of GAAP and IFRS standards.
•  Proficiency in Microsoft Office; strong Excel skill is essential.
•  Basic SQL, Excel VBA or other relational databases knowledge preferred.
•  Familiar with internet search engines for GAAP and IFRS standards.
•  Excellent oral/written communication and presentations skills.
•  Strong analytical skills and attention to detail.

Education  

•  Bachelor degree in Accounting or Business related majors with Advanced Accounting courses

Other Requirements

•  Must have regular, reliable attendance as well as the ability to work outside the regular schedule as required.
•  Need occasional travel for training, meeting or other assigned tasks.
•  Need repetitive motions related to key-in when required.
•  Total Housekeeping Management responsibilities for work areas and assigned work areas.
•  Physical requirements include duties common to a regular office environment. 
•  Demonstrate exceptional teamwork and customer service; behave professionally; treat other with dignity and respect.

NDIVIDUAL  SPECIFIC  JOB  TASKS.  (Recurring  actions,  tasks  and  process  that support  and/or  are  needed  to  achieve  Major  Areas  of  Accountability.    These  tasks should include WHAT you do and HOW you do them.  Begin each sentence with a verb using  present  tense,  For  example:  “Resolve  abnormal  overtime”,  “Review  vacation relief schedule”, “Analyze financial report”, and “Prepare sales report”. 

•  Prepare monthly consolidation including the consolidating balance sheet, statement of income and statement of cash flows in accordance with IFRS and management purpose  
•  Prepare monthly cash flow explanation packages for management review.
•  Analyze and reconcile elimination accounts including intercompany, investment and equity balances.
•  Prepare monthly rollforward of various balance sheet accounts including equity, non- controlling interest and other accounts.
•  Prepare monthly reporting packages for Corporate Controller’s meeting with the Upper Management
•  Prepare monthly reports required by Formosa Plastics Taiwan
•  Reconcile monthly CIP and F/A balances and prepare monthly CIP and F/A rollforwards  
•  Review and post Form A registrations and payments, and reconcile quarter-end legal reserve
•  Maintain the insurance system and the person in charge of Formosa Insurance Company
•  Answer inquiries from different departments and external auditors regarding consolidated financial statements.
•  Prepare month end close journal entries, reconciling accounts including legal reserve, insurance amortization, special charges/restructuring, shares, debt and interest as well as other corporate accounting activities. 
•  Assist with annual audit reporting including preparation and review of financial statements and footnotes.
•  Prepare supporting documents of the IFRS 16 Leases for external auditors 
•  Prepare quarterly reports for Finance Department
•  Support of supplemental schedule data compilation and corresponding reviews.
•  Support internal audit documentation and testing of internal controls.
•  Perform accounting activities and analysis of abnormal items, and other accounting/consolidation tasks
•  Coordinate with other departments to obtain and present supporting documents in  suitable explanation reports for questionnaires from internal/external auditors
•  Assist in ensuring that all accounting policies and procedures and financial transactions are executed according to IFRS.
•  Effectively and efficiently coordinate and follow company's policies/procedures to perform accounting daily routine functions.
•  Prepare annual goal items and goal review presentations.
•  Perform incentive review and provide accurate calculations on a timely basis.
•  Provide accurate government census reports on a timely basis.
•  Substitute for other team members if necessary.
•  Assist Corporate Controller in special projects and assignments.
•  Additional duties and tasks assigned by direct supervisor.