Assistant Finance Manager

This is a full-time role with hybrid working arrangement based at our office in Herndon, Virginia, U.S. 

About Console Connect

Console Connect makes it easy to connect your digital ecosystem - securely and on your own terms. As your business grows, our Network-as-a-Service (NaaS) platform makes it simple to privately interconnect with clouds, applications, office locations, devices and business partners worldwide. You don’t need to be a network professional or IT expert to use Console Connect. Our platform democratises high-performance networking and puts you just a few clicks away from the technology platforms and solutions you need most. Unlike other NaaS platforms, we own the underlying core network infrastructure. This means we offer an assured quality of service that delivers greater levels of network speed, security and performance to turbocharge your business. A full range of on-demand connectivity are available via a single Access Port at your data centre or office location, including Layer 2, Layer 3, IP transit and more.

Role Overview

The Assistant Finance Manager - Americas is responsible for monthly closing of books of accounts for the Region; support AR and AP team with the reconciliation schedules and prepare appropriate closing schedules; support Head of Finance during internal and statutory audits; support Regional business operation; handle agent commissions; coordinate with Group Finance on other Regional Finance activities. 

Key Responsibilities

• Month Closing Activities for PCCW Global Inc., include:
  • Month end cut off process for proper accrual of revenue, cost and expenses
  • Preparing the balance sheet and P&L schedules and reconcile the General Ledger balance
  • Analysis of month over month expense comparison and provide appropriate notes for variance.
  • Reconciliation of sub ledger balance with the Oracle GL balance and taking necessary corrective action as required ensuring that month end regional book balances are in sync with Group GL balance.
  • Work with Network project, Engineering and IT team to track PO and its appropriate cost so expenses are accounted in proper GL accounts.
  • Review prepaid expenses, maintenance, prepaid revenue and amortization of expenses for proper recognition.
  • Analysis of month over month variance analysis of expenses and revenue to add notes to the financials.
  • Prepare Bank Reconciliations
  • Review of accounting as per IFRS, US GAAP

• Review of AP & AR
  • Review the aging AP and AR and work with AP & AR team to manage the aging receivables and payables.
  • Verification of accounts payables matched against the cost item before processing.
  • Review the doubtful debts and work with HQ for necessary creation of doubtful reserve.
  • Review of cost and opex expenses for GL coding so proper expenses are recorded in the books.
  • Booking approved write offs in sub-ledger.
  • Posting of AR and AP transactions.

• Audit Support
  • Support during the statutory audit and provide all the necessary schedules and details as required by Auditors.
  • Coordinate with AR & AP balance confirmation.
  • Coordinate with bank for bank balance confirmation.
  • Work with HQ and audit team to provide necessary details and answers to the audit queries for smooth completion of audit.
  • Support Head of Finance in drafting the financials.

• Business support
  • Provide necessary regional business support to Sales and Vendor Management as required from time to time.
  • Calculate Agent commission and maintain agent commission master data and agreements.
  • Coordination with HQ Finance team on any finance related matters.

Minimum Qualifications 

• Bachelor’s Degree with at least 4-5 years accounting work experience.
• At least 2 years of experience supervising/managing a team. 
• Computer literacy is essential with particular reference to Microsoft Office – Excel, Power Point & Word.
• A hand’s on position that requires working knowledge of all accounting operations such as, financial accounting, cost principles, compliance reporting and budget preparation as well as systems development and improvement is essential.
• Critical to the position is strong interpersonal skills, and effective communication both verbal and written. The ability to lead a small team to achieve department and business finance demands is fundamental as is understanding protocol when interacting with management together with maintaining a high degree of sensitivity and confidentiality.
• The ability to plan and prioritize workloads in order to meet deadlines.
• Effective time management of work flow in order to meet accounting deadlines.
• The ability to work without Management direction, a positive attitude towards teamwork is critical.
• The capacity to train and coach other members of the department is an expected element of this position, as well as the capacity to develop and format procedures and work flow systems which accurately reflect the department’s operations.
• Knowledge of automated financial and accounting reporting systems, ERP or Accounting system.

Preferred Qualifications 

• CPA , CA certification desirable
• Knowledge in IRFS and US GAAP
• Big 4 experience is preferred