Accounts and Bank Reconciliation Supervisor

Personal Collection Direct Selling Inc.; Philippines; On-site; PHP 500,000 - 750,000; Full time

Job summary

Personal Collection Direct Selling Inc. seeks an Accounts and Bank Reconciliation Supervisor to oversee daily reconciliation operations, safeguard assets, and support accurate financial reporting.

The role emphasizes multi-bank reconciliations, data integrity, and strong internal controls. You will lead a reconciliation team, ensure timely closes, and provide variance explanations and audit-ready schedules.

Qualifications

• Bachelor's degree in accounting or finance is required.
• CPA license is an advantage but not required.
• 3–5 years of relevant accounting and reconciliation experience.
• 1–2 years of supervisory or team lead experience preferred.
• Experience with multi-bank/multi-account reconciliations is a strong advantage.
• Strong Excel and accounting system proficiency (SAP, QuickBooks, NetSuite).

Responsibilities

• Oversee daily bank reconciliation activities and ensure accuracy against records.
• Monitor cash balances and record bank-related entries accurately.
• Investigate and resolve reconciling items and discrepancies promptly.
• Maintain data backups and ensure data integrity in the finance system.
• Oversee reconciliation of balance sheet accounts and explain variances.
• Develop and implement reconciliation procedures and internal controls.
• Prepare reconciliation summaries and support month/year-end closing and audits.
• Supervise reconciliation staff and communicate performance feedback.

Skills

Bank Reconciliation

Accounts Payable/Receivable

Financial Analysis

Team Leadership

MS Excel

Internal Controls

Education

Bachelor's degree in Accountancy or Finance

CPA license (advantage)

Tools

SAP

QuickBooks

NetSuite

Job description

The Accounts and Bank Reconciliation Supervisor is responsible for overseeing the daily accounting operations related to account reconciliation, bank reconciliation, and financial accuracy. The role ensures the timely, complete, and correct recording of financial transactions, monitors cash movements, resolves and discrepancies. The position plays a critical part in safeguarding company assets and supporting accurate financial reporting.

Key Responsibilities

Bank Reconciliation Oversight

• Supervise and review all daily, weekly, and monthly bank reconciliation activities.

• Ensure all bank transactions (debits, credits, charges, fund transfers) are matched and validated against the company’s records.

• Investigate and resolve reconciling items, discrepancies, unposted transactions, and bank errors promptly.

• Monitor cash balances and ensure accurate recording of bank-related entries.

• Zero unresolved material discrepancies

• Detect irregularities or unusual transactions

• Escalate potential fraud risks or internal control gaps

• Recommend process improvements to strengthen cash controls

Database Administration

• Ensure regular data backups and compliance with company data retention policies

• Review and recommend master data updates (customers, suppliers, chart of accounts) to the Head of Finance

• Prepare database-related reports for audit purposes

• Monitor data integrity, detect discrepancies, and enforce validation controls

Accounts Reconciliation & Ledger Management

• Oversee reconciliation of all balance sheet accounts, including but not limited to:

1. Cash and cash equivalents
2. Accounts receivable and payable
3. Advances, deposits, and accruals

• Ensure all GL accounts are updated and validated in accordance with accounting policies.

• Analyze account movements and provide explanations for variances.

Process Management & Internal Controls

• Develop, document, and implement reconciliation procedures and control checklists.

• Ensure compliance with company financial policies, audit requirements, and regulatory standards.

• Recommend process improvements to strengthen accuracy and efficiency.

Reporting

• Prepare and submit reconciliation summaries, exception reports, and aging of reconciling items to the Finance Head.

• Support month-end and year-end closing activities by ensuring all reconciliations are completed on time.

• Provide supporting schedules for internal and external audits.

Team Leadership

• Supervise and mentor reconciliation staff, providing guidance, training, and performance feedback.

• Allocate workload and monitor daily performance to ensure timely completion of tasks.

• Foster a culture of accuracy, accountability, and continuous improvement.

Qualifications

• Bachelor's degree in Accountancy, Finance, or related field.

• CPA license is an advantage but not required.

• Minimum 3-5 years of relevant experience in accounting, bank reconciliation, or financial analysis.

• At least 1-2 years of supervisory or team lead experience preferred.

• Experience in multi-bank, multi-account reconciliation is a strong advantage.

• Strong understanding of accounting principles and reconciliation processes.

• High proficiency in MS Excel and accounting systems (e.g., SAP, QuickBooks, NetSuite, or similar).

• Strong analytical and problem-solving skills.

• High attention to detail and accuracy.

• Ability to work under pressure and meet deadlines.

• Strong communication and team leadership skills.

• Ethical, organized, and highly dependable.