Accounting Associate - Fresh Graduates | Onsite - Reliever

PETNET, INC.; Makati; On-site; PHP 300,000 - 420,000; Full time

Benefits offered by this job

HMO and life insurance

Commission structures and incentives

Collaborative culture

Job summary

PETNET, INC. is seeking an Accounting Associate to maintain financial integrity and manage Forex transactions. You will verify balances, post Forex instructions, prepare bank documents, monitor client collections, fundings, and settlements, and ensure reconciliations with bank statements.

Onsite in Legazpi Village, Makati, you will join a team focused on accuracy and efficiency. The ideal candidate has a Bachelor's in Accountancy or related field, 1 year of accounting experience (fresh graduates

Qualifications

• Education: Bachelor's Degree in Accountancy or equivalent field.
• Experience: 1 year accounting preferred; fresh graduates welcome.
• Skills: Advanced Excel and basic accounting knowledge.

Responsibilities

• Verify Beginning and Ending Balances for designated bank accounts.
• Post Forex trade and funding instructions to Forex Modules.
• Prepare comprehensive bank instructions for funding and settlement transactions.
• Monitor and oversee client collections.
• Monitor and follow up on funding instructions to banks or branches.
• Check funds availability for settlement.
• Execute client settlements accurately and promptly.
• Reconcile Forex Module records with bank statements.
• Maintain organized document records for audits.
• Perform any other duties as directed by supervision.

Skills

Advanced Excel

Basic accounting

Education

Bachelor's Degree in Accountancy

Business Administration or equivalent

Job description

Your Impact on the Business

Your role as a Accounting Associate is crucial in maintaining financial integrity and ensuring efficient Forex transactions. By adhering to these responsibilities, you contribute to the overall success of our organization and its commitment to excellence in financial management.

Responsibilities.

• Verify Beginning and Ending Balances. Confirm starting and ending balances for all designated bank accounts at the beginning of each business day.

• Forex Trade and Funding Instructions Post Forex trade and funding instructions accurately to Forex Modules.

• Bank Instructions Preparation Prepare comprehensive bank instructions for funding and settlement transactions.

• Client Collection Monitoring Monitor and oversee collections from clients.

• Funding Management Monitor and follow up on funding instructions to banks or branches.

• Funds Availability Verification Check the availability of funds necessary for settlement purposes.

• Client Settlements Execute settlements to clients promptly and accurately.

• Reconciliation and Reporting Reconcile Forex Module records with bank statements to ensure accurate ending balances.

• Document Management Maintain organized records by filing all necessary documents and attachments for future audit purposes.

• Other Duties Perform any other tasks as directed by the supervisory team.

Qualifications:

• Education: Graduate of Bachelor's Degree in Accountancy, Business Administration or equivalent field;

• Experience: At least 1 year of accounting experience preferred, but fresh graduates are welcome to apply;

• Skills: Advanced excel skills, and basic accounting knowledge;

• Working Setup: Onsite in Legazpi Village, Makati.

• Working Schedule: Monday to Friday, Semi-Flexible.

Discover the Perks.

• From day one, you'll receive comprehensive HMO and life insurance coverage, ensuring your well-being and peace of mind. But that's just the beginning!

• Rewards that Inspire: With premium commission structures and exciting incentives, your hard work will be recognized and celebrated. Your dedication and commitment will be handsomely rewarded.

• A Thriving Culture: Prepare to be immersed in a collaborative and friendly culture, where teamwork and camaraderie flourish. Your colleagues will quickly become your second family, making every workday enjoyable and fulfilling.

Why Join us?

• Our Purpose: To empower and uplift Filipinos by providing access and choices for financial inclusion

• Our Mission: We put the customer first by delivering innovative, reliable, and secure solutions to all our stakeholders and through digital and human touchpoints.

• Our Vision: A nation where financial services are inclusive and borderless

• Industry Leadership: As a subsidiary of Union Bank of the Philippines, PETNET is backed by a strong financial institution that leads the way in delivering innovative solutions and revolutionizing the banking industry.

• Professional Growth: We foster a culture of continuous learning and personal development. By joining our team, you will have access to training programs, mentorship opportunities, and a supportive work environment that encourages growth and progression.

• Team Collaboration: At PETNET, we believe in the power of collaboration and teamwork. You will have the opportunity to work alongside talented professionals, exchange ideas, and contribute to meaningful projects that shape the future of financial services.

• Impactful Work: Our services play a crucial role in facilitating global transactions, cross-border payments, and financial inclusivity. By joining us, you will make a tangible impact on individuals, businesses, and communities, both locally and globally.

If you are driven, innovative, and eager to make a difference, we invite you to join our team at PETNET. Be part of an organization that values excellence, fosters growth, and champions transformative solutions in the financial services sector.