# Sr. Accounting Compliance Associate **Company**: International Organization for Migration (IOM) **Location**: Manila, Philippines (the) **Experience**: senior **Job type**: contract **Category**: Finance **Industry**: Non-Profit **Apply**: https://fa-evlj-saasfaprod1.fa.ocs.oraclecloud.com/hcmUI/CandidateExperience/en/sites/CX_1001/job/21907?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply **Canonical**: https://yubhub.co/job/sr-accounting-compliance-associate-5b84a484-72f/ ## Description Under the overall guidance of the Director of the Department of Financial and Administrative Management (DFAM), the Chief of the Finance and Accounting Division (FAD), and the Head of Manila Institutional Financial Services (MIFS), and under the direct supervision of the National Accounting Compliance Officer and the National Accounting Compliance Supervisor, the successful candidate supports the review and analysis of financial data. The role provides assistance to Country Offices (CO) and the Global Shared Services Centre (GSSC) in resolving accounting issues, and undertakes routine monitoring of transactions processed through WAVE systems to ensure accurate financial reporting and compliance with International Public Sector Accounting Standards (IPSAS) and Financial Management Rules and Procedures (FMRP). ## Responsibilities ### General Accounting Work - Provide support and guidance to Country Offices (CO), Regional Offices (RO), and GSSC on accounting and financial matters in accordance with IOM financial policies and procedures including the Financial Management Rules and Procedures (FMRP) and relevant FAD guidance. - Work in coordination with Panama Institutional Financial Services, GSSC, and FAD Teams to resolve issues and enhancements in WAVE and related processes. - Provide guidance to Country Offices and Regional Offices on financial reporting, accounting compliance, and Oracle ERP financial processes. - Review tickets assigned through the Financial Coordination Platform (FinCoorP) maintaining a high level of tickets completion/resolution, to avoid having long overdue tickets. - Recommend improvements in internal controls and accounting practices based on IOM accounting policies and procedures, generally accepted accounting principles, and best business practices. ### Accounts Compliance Review - Review and analyze periodically the trial balance of assigned COs' (i.e., bank/cash books, vendor accounts, purchase orders, assets, VAT, suspense accounts, etc.) - Review/analyze accounts, coordinate findings with offices, monitor office responses and continuously follow up on unresolved issues until expected results are achieved. - Escalate any material findings and provide status updates to the Head of MIFS, FAD, TSY, GSSC and/or RO, as applicable. - Evaluate/identify exceptions, deviations, errors, and critical issues noted during the review, summarize, and communicate findings to relevant Finance, RMO and COM; recommend corrective actions to be taken in line with IOM policies and procedures to relevant Finance, RMO and COM. - Monitor that checklist reviews are performed based on the annual plan and that minimum requirements for the number of reviews are met and timely coordinated. - Assess annually the performance of Offices and the related risk factors to determine the financial risk assessment of COs for the purpose of determining the level and frequency of review required for each CO. ### Month-End Closing Procedures - Review and analyze month-end balances of assigned COs to remind RMO/finance staff of the completion of month end procedures and coordinate exceptions noted. - Check the completeness of accounting returns to verify that accounts are valid, complete, fairly presented and comply with IOM's established policies and procedures. - Assist in monitoring clearing accounts and other balance sheet accounts and follow up with Country Offices on outstanding balances or reconciliation issues. - Provide guidance to COs on subjects related to closing of accounts and analyze issues and errors encountered during account closure, including coordination to relevant units. ### Others - Provide assistance in preparing information and documentation required for internal and external audits. - Maintain records, monitoring files, and tracking tools related to accounting compliance reviews and financial monitoring activities. - Provide training to COs finance staff, newly hired ACU staff on IOM accounting and Oracle ERP system as required, - Travel to COs, ROs, and HQ as may be required in the performance of assigned tasks. - Perform other accounting functions as may be required. ## Qualifications ### EDUCATION - Bachelor’s degree in Accounting, Finance, Business Administration or related field from an accredited academic institution with four (4) years of relevant experience, or - High school diploma with six (6) years of relevant experience. - Certified Public Accountant (CPA) or equivalent is an advantage. ### EXPERIENCE - Experience in accounting, financial monitoring, or administrative finance support. - Experience with financial systems or ERP systems (e.g., Oracle) is an advantage. - Experience working in international organizations or UN agencies is an advantage. ### SKILLS - Basic knowledge of accounting principles and financial reporting. - Familiarity with ERP financial systems such as Oracle. - Good knowledge of Microsoft Excel and financial data tracking. - Attention to detail in reviewing financial records and transactions. - Ability to communicate with internal stakeholders regarding accounting matters. ## Benefits No benefits information provided. For more fresh new jobs, check out [yubhub.co](https://yubhub.co/). ## Skills ### Required - Accounting - Finance - Financial Management - Oracle ERP - Microsoft Excel ### Nice to have - Certified Public Accountant (CPA) - Experience with financial systems or ERP systems --- Source: [Apply at fa-evlj-saasfaprod1.fa.ocs.oraclecloud.com](https://fa-evlj-saasfaprod1.fa.ocs.oraclecloud.com/hcmUI/CandidateExperience/en/sites/CX_1001/job/21907?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)