Revenue Accounting Analyst

Company Description

Pilmico Foods Corporation is the integrated agribusiness and food company of Aboitiz Equity Ventures Inc. (AEV). Composed of four divisions: Flour, Feeds & Animal Health, Farms, and Trading, we are well positioned at the beginning of the value chain. True to our brand promise​ of being​ Partners for Growth, we nurture our business and communities by providing business solutions and building partnerships for growth.
We operate ​​in the Philippines nationwide ​and have a growing international presence in the following ASEAN countries: Vietnam, Thailand, Indonesia, Malaysia, Myanmar and Hong Kong.
Investing in talent and upholding Aboitiz ​values of Integrity, Teamwork, Innovation, and Responsibility are key drivers to sustaining the growth of our business.
Here at Pilmico, we value each talent for the unique contribution they bring to the organization. We recognize that today’s global workforce is made up of diverse individuals with different skills, abilities and aspirations that enable them to achieve superior results; as such, we select our partners based on these attributes that are not typically found in someone’s resume.
We are advocates of self-development and believe that people’s success lies in their passion to learn something new and different every day. This is why our hiring philosophy is to open up and give equal opportunity to any talent regardless of where they are today in pursuit of education.

Job Description

• Revenue Recognition: Review and analyze revenue transactions to ensure compliance with accounting standards (e.g., GAAP / IFRS). Analyze contracts and sales agreements to determine proper revenue recognition methods. Apply appropriate revenue recognition criteria based on the nature of products or services delivered.
• Sales Data Analysis & Transactions: Collect, consolidate, and analyze sales data from various sources, including sales reports, customer contracts, and financial records. Identify trends, patterns, and key performance indicators (KPIs) to evaluate the effectiveness of sales strategies. Record and reconcile sales transactions, ensuring their accuracy and completeness. Verify the proper classification of revenue and sales-related expenses.
• Sales Order and Invoicing: Collaborate with the Sales and Credit & Collection teams to ensure timely and accurate invoicing of customers for products and services delivered.
• Commission & Incentives Calculation:  Collaborate with Sales and Sales Support for the timely and accurate calculation and recording of commissions and incentives based on sales performance or commitments.
• Pricing Analysis: Evaluate product and service pricing structures to ensure they align with production costs and market conditions. Provide insights on optimal pricing strategies to maximize profitability.
• Budgeting and Forecasting: Assist in the development of revenue forecasts to support budgeting and financial planning activities.
• Financial Modeling: Assist in the development of financial models to assess the impact of different sales mixed scenarios and support strategic decision-making processes.
• Process Improvement: Continuously improve revenue and sales accounting processes, methodologies, and tools to enhance accuracy and efficiency. Collaborate with cross-functional teams to streamline processes, reduce inefficiencies, and enhance cost-effectiveness throughout the organization.
• Data Integrity: Ensure the accuracy and integrity of revenue and sales data by conducting regular audits and implementing data validation processes.
• Management Reporting: Ensure the timely, accurate and thorough preparation and submission of revenue and sales reports to management and related Balance Sheet schedules to support the preparation of financial statements. Highlight key insights, performance metrics, and actionable recommendations.
• Compliance and Regulations: Ensure compliance with revenue recognition standards and financial reporting regulations. Stay updated on financial regulations and industry best practices related to revenue recognition and ensure adherence to relevant standards.

Qualifications

Education:

• A university degree holder with discipline in accounting, business, finance 

Experience:

• Minimum of 1 year relevant work experience in revenue and sales accounting 
• Open for fresh graduates 

Other Requirements:

• Knowledge of accounting principles and procedures in relation to inventory and costing
• Ability to communicate well, both written and oral
• Ability to establish effective interpersonal relationships with stakeholders
• Ability to work independently and as part of a team in a fast-paced environment
• Advance proficiency in Microsoft Excel and other financial analysis software
• Detail-oriented with strong analytical skills

Additional Information

1. REPORTS TO:  FP&A Manager
2. Willing to work in Tarlac