Cash & Banking Specialist

GECO Asia Pte. Ltd; Muntinlupa; On-site; PHP 520,000 - 900,000; Full time

Job summary

GECO Asia Pte. Ltd is seeking a Cash & Banking Specialist in Metro Manila to ensure timely bank reconciliations, accurate cash postings, and robust controls across cash transactions.

The role collaborates with Finance, AP, AR, GL, and Treasury to preserve data integrity and support month-end close. The ideal candidate brings 3–4 years of Cash & Banking experience, strong Excel skills, and familiarity with SAP, D365, or Oracle ERP.

Qualifications

• Bachelor’s degree in Finance, Accounting, Business Administration or related field.
• 3–4 years of experience in Cash & Banking or related accounting functions.
• Experience with SAP, D365, or Oracle ERP systems.
• Advanced Excel skills and familiarity with AI-powered tools.

Responsibilities

• Perform daily bank reconciliations and monitor bank statements.
• Prepare and post cash and banking entries within timelines.
• Coordinate with AP/AR/GL/Finance for item ownership and open items.
• Ensure completeness of payments, receipts, and GL postings.
• Maintain audit trails and supporting documentation.
• Support month-end closing activities related to cash & banking.

Skills

Analytical thinking

Attention to detail

Communication skills

Teamwork

Problem solving

Structured work approach

Education

Bachelor's degree in Finance, Accounting, Business Administration

Tools

SAP

Microsoft Dynamics 365 (D365)

Oracle ERP

Microsoft Excel

Copilot & AI tools

Job description

Job Summary

The Cash & Banking Specialist is responsible for the timely and accurate execution of daily bank reconciliations, cash and bank-related accounting entries, and resolution of reconciling items. The role ensures accurate and reliable cash balances, supports month-end closing activities, and maintains proper documentation and controls for cash and banking transactions.

The position works closely with Finance, Accounts Payable, Accounts Receivable, General Ledger, Treasury, and banking partners to ensure completeness and accuracy of bank transactions, timely resolution of discrepancies, and continuous improvement of cash and banking processes.

Key Responsibilities

Cash & Banking Operations

• 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 reconciliations for assigned entities, bank accounts, currencies, and ERP systems.

• 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 on reconciling items to prevent aging, duplicate payments, unposted clearing, unidentified receipts, and other outstanding transactions.

• Escalate aged, material, recurring, or high-risk reconciling items to the appropriate supervisor, Finance team, or process owner, with a clear action plan and target resolution date.

Accounting Entries & Cash Posting

• Prepare and post cash and bank-related accounting entries within agreed timelines, including bank charges, interest, fund transfers, cash pooling, returned payments, FX differences, statutory payments, refunds, and other approved direct bank transactions.

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

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

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

• Support correction, reversal, and reclassification entries when discrepancies are confirmed, ensuring proper approvals and documentation.

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

Reconciliations & Month-End Closing

• Prepare and maintain daily, weekly, and month-end cash and bank reconciliation schedules.

• Investigate and resolve discrepancies between bank and accounting records.

• Support month-end closing activities related to cash and banking accounts.

• Ensure all reconciliations are completed accurately and within established deadlines.

• Prepare reports and aging trackers for outstanding reconciling items.

• Provide supporting schedules and documentation for internal and external audit requirements.

Process Improvement & Compliance

• Participate in process improvement, standardization, automation, migration, and UAT activities related to bank reconciliation, cash posting, bank statement feeds, ERP integration, and reporting tools.

• Identify opportunities to improve efficiency, accuracy, and automation within cash and banking processes.

• Maintain proper documentation and follow established accounting policies, procedures, and internal controls.

• Support audit and compliance activities by providing bank statements, reconciliation working papers, accounting entries, approval evidence, and issue-resolution documentation.

• Participate in cross-training and knowledge-sharing activities within the Finance team.

Other Administrative Functions

• Maintain accurate timekeeping, productivity, and required operational trackers in accordance with established deadlines.

• Record actual work hours related to bank reconciliation, cash entries, issue resolution, month-end closing, audit support, reporting, and process improvement activities.

• Coordinate schedule changes, overtime, offset, and leave requests with the immediate supervisor to ensure appropriate operational coverage.

• Ensure proper endorsement of pending reconciliations, cash entries, bank statement issues, and other outstanding items before planned leave.

• Maintain accurate productivity records, SLA/KPI documentation, issue logs, and aging trackers as required.

• Conduct regular self-evaluation against performance targets, quality expectations, and issue-resolution timelines.

Job Specifications

Must Have

• Bachelor's/College Degree in Finance, Accountancy, Accounting, Business Administration, or a related field.

• 3–4 years of experience in Cash & Banking, General Ledger, or related accounting functions.

• Experience working with major ERP systems such as SAP, Microsoft Dynamics 365 (D365), or Oracle.

• Experience working with different banks and basic knowledge of banking products and services.

• Advanced skills in Microsoft Excel and proficiency in productivity tools, including Copilot and AI-powered applications.

• Strong analytical and problem-solving skills.

• Above-average communication and interpersonal skills.

• Good oral and written communication skills.

• Strong attention to detail and accuracy.

• Ability to work effectively in a structured environment.

• Strong teamwork and collaboration skills.

Preferred

• Background in Accounting, Finance, Business Administration, or other business-related courses.

• Experience in an Accounting Shared Services or BPO environment.

• Experience handling multiple entities, bank accounts, currencies, or international banking transactions.

• Proven ability to work effectively under pressure and meet deadlines.

• Ability to work with minimal supervision.

• Experience working in an international and culturally diverse organization.

Key Competencies

• Customer Focus

• Drive for Results

• Interpersonal Savvy

• Personal Learning

• Decision Making

• Quality Commitment

• Problem Solving

• Adaptability

• Communication

• Integrity