Credit Jr. Officer

Newport World Resorts; Pasay; On-site; PHP 300,000 - 420,000; Full time

Job summary

Newport World Resorts is seeking a Credit Junior Officer in Pasay, Philippines. You will receive and check CCF applications, assist in casino credit checks, and audit daily cheque transactions to ensure accuracy and policy compliance.

You will monitor balances, collect cheques for deposits, and update credit information in our system while liaising with relevant offices. The role includes preparing daily reports, supporting limit updates in the system, and coordinating with treasury for bank

Qualifications

• Bachelor’s degree in Accountancy/Management Accounting or equivalent.
• No experience required; working experience in related field is an advantage.

Responsibilities

• Records and audits daily cheque transactions and monitors balances to support credit controls.
• Performs daily cheque audits at the casino cage and ensures compliance with standards.
• Assists in casino credit checks and updates credit information in the system.
• Forwards assessments to committees for approval and maintains documentation.
• Makes outbound calls to gather credit information and updates the system accordingly.
• Conducts 100% cheque inventory audits and verifies supporting documents.

Education

Bachelor’s Degree in Accountancy/Management Accounting or equivalent

Job description

JOB SUMMARY

A Credit Junior Officer receives and checks the forwarded CCF applications, assists in conducting casino credit checks for assessment, records and audits daily cheque transactions, monitors outstanding balances and collects cheques for deposits. Conducts cheque audits at the casino cage, handles credit inquiries from other casinos and facilitates the updating of credit information in the system while ensuring compliance with credit control & policies.

RESPONSIBILITIES

CCF Administration

• Records and audits player/junket’s daily cheque related transactions while ensuring correct system regulation to highlight irregularities and policy deviation.

• Checks the completeness of documents related to the transaction to ensure strict compliance.

• Performs daily reconciliation of working files against the system to monitor alignment of records.

• Prepares and sends daily reports to highlight operations.

• Facilitates and administers updates including limit upgrade and/or downgrade in the system for access and viewing of player’s credit information.

• Monitors outstanding player balances and notifies BD personnel of overdue accounts to enforce effective collection practices and minimize the risk of bad debt.

• Collects cheques from the casino cage, cross referencing with the banking summary to confirm accurate amounts for deposit will be reflected against the cage reporting file while ensuring compliance with established standards (correct date format, amount in words and figures alignment, signature, etc) to identify errors/discrepancies for corrective actions.

Credit Assessment

• Checks all credit limit application forms received were properly accomplished with appropriate signatories and supported with the required documents as per established Policy.

• Assists in performing casino credit check and checking other relevant information thru media/internet search to ensure due diligence.

• Forwards the assessment report/s to the respective committee/s for approval and signature.

Credit Information Sharing

• Makes outbound calls to gather credit information from other casinos and responds to credit inquiries thru calls & emails while following the established procedures.

• Ensures all gathered data is fully updated in the system for accurate credit reference and assessment.

Cheque Inventory Audit

• Assists in conducting 100% examination of physical cheques held at the Cage, cross-referencing with records to verify validity, completeness, and secure safekeeping.

• Verifies the completeness and correctness of supporting documents for each cheques to ensure adherence to the established standards.

Bank Verification

• Conducts account verification by calling various banks and coordinating with the Corporate Treasury to confirm the status of checking accounts, determining whether they are active, dormant, or closed, while assessing the availability of funds.

• Collates all pertinent information to identify areas requiring attention and updates the system to facilitate efficient credit assessments and reference.

Document Handling

• Scans assessment reports and ensures hard copies are properly stored in respective boxes to maintain confidentiality of physical and digital records.

QUALIFICATIONS

• Bachelor’s Degree in Accountancy/Management Accounting or equivalent.

• No experience required ; Working experience in related field is an advantage