Taguig City, Philippines





Job ID


Are you inquisitive and self-driven? Will you make a difference to our company and your colleagues around you? If the answer is yes, then we’d like to hear from you. JOIN A GLOBAL MARKET LEADER Philip Morris International Inc. (PMI) is the leading international tobacco company, with seven of the world’s top 15 brands, including the number one cigarette brand worldwide. PMI Manila is establishing in Philippines this year, it will serve PMI affiliates’ Finance, People & Culture (P&C) and Information Services (IS) needs in Asia. PMI is an Equal Opportunity Employer. For more information, see WE ARE LOOKING TO RECRUIT • Min. 4 years’ experience in controlling/budgeting or general ledger department of an international company • Strong Excel skills (using advanced functionalities) and good knowledge of financial integrated systems (preferred SAP) • Strong analytical skills • Storyteller: Interpret and communicate data in a user-friendly meaningful way • Challenger: Develop better ways of doing things, navigating risks and opportunities • Entrepreneur: Contribute on the deployment of strong financial acumen to interpret business trends having relevant impact for the IBS, hubs and new agile locations • Expert: Trusted advisor, providing objective and specialized expertise to drive business outcomes • Fluent English • Very good organizational and interpersonal skills • Self-motivated, can prioritize tasks and be able to clearly and effectively communicate RISE TO THE CHALLENGE Philip Morris International is seeking talented professionals to join the Finance team of its Shared Services Center in Manila, Philippines. As a Finance - Planning & Controlling Analyst you will: • Maintain / support the cost allocation models and recharge mechanisms for function / projects / area. • Ensure accuracy of cost allocation models and recharge mechanisms across PMI Manila Functions in compliance with the service agreements. • Ensure appropriate FTE allocation and mark up calculations according to each specific market, preventing variances that could eventually impact on transfer pricing resulting on potential claims and legal issues with foreign tax authorities. • Ensure intercompany prices and therefore allocation of profit is consistent, in a justified manner. This is PMI’s best defense if our prices are scrutinized by the authorities. The targets are used in the price setting and testing processes (e.g. budget, RF cycles, new products) to ensure that PMI affiliates’ prices and income are within the arm’s length ranges and compliant to varied authorities. • Execute yearly true-up reconciliation and breakdowns for all serviced affiliates within the scope. • Assess/Understand cost to service or cost to value. Prepare qualitative analysis to support management's decision-making process. • Prepare breakdowns/back-ups reported to various stakeholders as an additional documentation to issued invoices. • Address proactively financial, operational and systems related issues and propose adequate and feasible solutions to maintain and support quality of execution in the achievement of departmental and business objectives. • Assure accuracy and continuity of service agreements to reflect revenues/costs in line with US GAAP and statutory standards, including the accuracy and conformity with all legal, fiscal and corporate requirements for all the IBS. • Creation of new agreements, addendums/annexes, amendments and termination of existing service agreements for PMI Manila. • Work with various PMI tools (e.g. Tagetik, GMRB, CMA, SAP).