Cash and Banking Specialist

Essilor Shared Services Philippines Incorporated; Muntinlupa; On-site; PHP 400,000 - 700,000; Full time

Job summary

Essilor Shared Services Philippines Incorporated seeks a detail-oriented Cash & Banking Analyst to perform daily bank reconciliations, validate transactions, and post related entries across multiple ERP systems. You will collaborate with AP, AR, GL, and Treasury to ensure accurate postings and a clean audit trail.

The role requires 3–4 years of cash and banking experience, strong Excel skills, and familiarity with SAP, D365, and Oracle. A structured, analytical, team-based approach is essential.

Qualifications

• Bachelor’s/college degree in Finance/Accountancy or equivalent.
• 3-4 years Cash & banking, GL related experience.
• Experience with SAP, D365 and Oracle.
• Experience with multiple banks and basic bank products/services.
• Advanced MS Excel, Co-Pilot and AI tools familiarity.
• Strong analytical and communication skills; team player; structured approach.

Responsibilities

• Perform daily reconciliation, validation, and monitoring of bank statements via portals, files, or Kyriba.
• Prepare and complete daily/high-frequency bank reconciliations for entities, accounts, and ERPs per standards.
• Match transactions using reference data and other criteria; resolve discrepancies quickly.
• Escalate aged/high-risk reconciling items with clear action plans and dates.
• Post cash and bank-related accounting entries with supporting docs within SLAs.
• Ensure all missing entries are booked, traceable, and well-documented.
• Coordinate with AP, AR, GL, Local Finance, and Treasury for item ownership and timing.
• Validate payments/receipts and GL postings before final reconciliation; maintain audit trails.

Skills

Cash & banking experience

Analytical skills

Communication skills

Team player

Organized / structured

MS Excel proficiency

ERP familiarity

Attention to detail

Education

Bachelor's degree in Finance/Accountancy

Tools

SAP

D365

Oracle

MS Office / Excel

Job description

JOB RESPONSIBILITIES:

• Perform daily reconciliation, validation, and monitoring of bank statements through bank portals, automated feeds, MT940/CAMT files, Kyriba, or approved shared folders

• Prepare and complete daily or high-frequency bank reconciliation for assigned entities, bank accounts, currencies, and ERPs in accordance with GBS standards and Group procedures

• Match bank statement transactions against book transactions using amount, payment reference, voucher number, value date, bank reference, and other approved matching criteria

• Identify, analyze, document, and follow up reconciling items immediately to prevent aging, month-end issues, duplicate payments, unposted clearing, unidentified receipts, or floating transactions

• Escalate aged, material, recurring, or high-risk reconciling items to the Cash & Banking Supervisor/Manager, Local Finance, or relevant process owner with clear action plan and target resolution date

• Prepare and post cash and bank-related accounting entries within the agreed SLA, including bank charges, interest, fund transfers, cash pooling, returned payments, FX differences, statutory payments, refunds, and other approved direct bank transactions with relevant supporting documentation

• Ensure all missing entries identified during reconciliation are booked promptly, fully supported, and traceable in the ERP system or approved accounting tool

• Coordinate with AP, AR, GL, Local Finance, and Treasury to clarify ownership of entries and ensure timely booking of open items

• Validate completeness of payments, receipts, and GL postings before reconciliation finalization, including clearing accounts and direct bank movements

• Maintain clear audit trail for all cash entries, journal upload files, supporting documents, approvals, and reconciliation working papers

JOB QUALIFICATIONS:

• Bachelor's/College Degree in Finance/Accountancy or equivalent

• At least 3-4 years Cash & banking, GL related work experience

• Experience with major ERP Systems (SAP, D365 and Oracle)

• Experience working with different banks and basic know-how on bank products and services

• Advanced skills in the use of MS Office Excel, Co-Pilot and Agentic AI applications

• Good analytical skills

• Above average communication and interpersonal skills

• Good oral and written communication skills

• Team player skills

• Able to work in a structured environment