Accounting Associate (CPA)

Role Overview

The Intercompany Accounting Specialist is responsible for managing, processing, and reconciling intercompany receivables and payables between Medicard and AIA Philippines. This role plays a critical part in ensuring timely settlements, accurate reconciliations, and transparent intercompany balances, while working closely with cross-functional finance teams.

Key Responsibilities

• Process and record all intercompany receivable and payable transactions accurately and on time

• Ensure proper documentation, approvals, and compliance for all intercompany entries

• Prepare and perform monthly intercompany reconciliations, ensuring balances are aligned and free of variances between entities

• Monitor outstanding intercompany balances and proactively follow up to ensure timely settlement

• Identify, investigate, and resolve discrepancies, mismatches, and aging issues

• Review and verify intercompany invoices for accuracy, completeness, and proper support

• Communicate intercompany deadlines, requirements, and settlement timelines to relevant stakeholders

Critical Processes Handled

• Monthly reconciliation of intercompany balances

• Settlement and clearing of intercompany receivables and payables

• Discrepancy resolution and aging management to ensure clean intercompany accounts

This role is essential to maintaining accurate financial records and ensuring smooth intercompany accounting operations between entities.

Operational Impact of the Role

Failure to fill this position may significantly affect the timely processing of intercompany transactions, settlements, and reconciliations. Unreconciled balances may accumulate, resulting in aged items, financial statement inaccuracies, and potential audit findings. The absence of this role may also place additional workload and operational strain on the existing finance team.

Other Duties

• Attend to and assist with inquiries from internal and external stakeholders related to intercompany transactions

• Support finance operations as needed and perform other related tasks assigned by the Senior Accounting Supervisor, Accounting Manager, or VP–Controller

• Collaborate with internal teams to promote accuracy, accountability, and timely completion of intercompany activities