Background on what ING is about
ING Hubs Philippines (ING Hubs PH) is an international part of the ING organization delivering services to many Business Units across the world for both Wholesale Banking and Retail Banking activities. Working for ING Hubs PH means working with the most diverse workforce and where no challenge is the same.
At ING our purpose is to empower people to stay a step ahead in life and business. We believe that sustainable progress is driven by people with the imagination and determination to make a better future for themselves and those around them.
ING is changing what banking is. For you, that means plenty of opportunities for personal growth in a continuously evolving environment. If this is the environment you thrive in, then apply and join us in changing the future of banking!
Cost Accounting Specialist
Key Responsibilities:
Accounts Payable (AP)
Process accounting-related tasks such as invoice management, travel and expense reimbursements, and corporate card statementsPerform month-end, quarter-end, and year-end closing activities including journal postings and reconciliationsDistribute incoming invoices and ensure accurate posting to relevant accountsCollaborate with internal and external stakeholders (e.g., Tax, HR, Finance Control, IT) to ensure timely payments and complianceSupport Payments Specialists by creating and implementing system requirements in response to regulatory updatesContribute to operational process evaluations and test improvements for efficiency gainsMaintain updated work instructions and guidelines to ensure internal and external control complianceAccounts Receivable (AR)
Reconcile the Receivables-Account daily, resolving discrepancies to maintain accurate financial recordsMonitor and follow up on overdue invoices, executing the dunning process and sending reminders to external counterpartsPrepare and send daily A/R invoices to clients and other external stakeholders, ensuring accuracy and completenessBook newly created A/R invoices to the Receivables-Account on a weekly basisMaintain up-to-date documentation for financial reporting and audit readinessProvide weekly updates on Knowledge Management reflecting the team’s current statusAutomation & Data Expertise
Design Power BI dashboards to visualize cost accounting performance and support data-driven decision-makingDevelop and apply Excel Macros for task automation, data analysis, and reporting efficiencyEngage in digital transformation initiatives to streamline manual processes and enhance accuracyUtilize systems like SAP, PeopleSoft, and advanced Excel functionalities (pivot tables, formulas) to support operational workflowsQualifications
Degree in Business Administration, Accounting, or FinanceAt least 5 years’ experience in Accounts Payable and/or Accounts Receivable, preferably in a banking environmentStrong knowledge of accounting standards and regulatory compliance within the PH marketProficiency in SAP, PeopleSoft, and advanced ExcelExcellent attention to detail, time-management, and communication skillsEnglish language proficiency at C1 level; German at B1 (preferred)