Job Description
Synchrony is a premier consumer financial services company dedicated to delivering innovative financing solutions. We are looking for a highly skilled Senior Specialist, Finance Controllership to join our Cash Accounting team within the Controllership Center of Excellence (COE) in Cebu City. This is a critical role responsible for ensuring the accuracy and integrity of our cash-related financial operations on a global scale.
In this position, you will oversee day-to-day cash accounting activities, manage complex reconciliations, and support the month-end close process. You will work closely with Treasury, Business Finance, and external auditors to maintain robust internal controls and drive process improvements. As a senior member of the team, you will also have the opportunity to mentor junior staff and contribute to strategic projects that enhance efficiency and compliance.
Synchrony offers a dynamic, collaborative environment with strong career growth potential. If you are a detail-oriented accounting professional with a passion for precision and a drive for excellence, this is your opportunity to make a tangible impact in a leading global finance organization.
Responsibilities
- Monitor and manage day-to-day cash accounting transactions, ensuring accurate and timely posting to the general ledger.
- Lead the monthly reconciliation of all bank accounts and cash-related balance sheet accounts, investigating and resolving discrepancies promptly.
- Drive month-end and quarter-end close activities, including preparation of journal entries, fluctuation analyses, and supporting schedules.
- Collaborate with internal and external auditors to provide comprehensive support and documentation for cash and banking processes.
- Design, implement, and monitor internal controls over cash accounting to ensure compliance with SOX, GAAP, and corporate policies.
- Identify opportunities for process automation and standardization to enhance the efficiency and accuracy of the cash accounting function.
- Prepare detailed financial reports and dashboards for management on cash positioning, key metrics, and variances.
- Provide guidance, training, and mentorship to junior finance associates and new team members.
Qualifications
- Bachelor’s degree in Accountancy, Finance, or a closely related business field.
- Certified Public Accountant (CPA) license or equivalent professional certification is highly preferred.
- Minimum of 3-5 years of relevant experience in cash accounting, general ledger accounting, or financial controllership, ideally in a shared services or multinational environment.
- Strong knowledge of US GAAP, IFRS, and Sarbanes-Oxley (SOX) compliance requirements.
- Hands-on experience with large ERP systems (SAP, Oracle, PeopleSoft, or Workday) and advanced proficiency in Microsoft Excel (e.g., VLOOKUPs, pivot tables, complex formulas).
- Excellent analytical, problem-solving, and decision-making skills with a high degree of accuracy and attention to detail.
- Strong written and verbal communication skills in English, capable of interacting effectively with global stakeholders at all levels.