Disbursement Finance Associate (Shared Service)

Nextbank; Metro Manila; On-site; PHP 335,000 - 614,000; Full time

Job summary

Nextbank is seeking a Disbursement Finance Associate to support day-to-day accounting and finance operations in the Philippines. You will handle accounts payable, disbursements, cash management, payroll, and tax compliance with accuracy and adherence to policies.

The role requires a degree in accounting/finance and 1–2 years of relevant experience. Proficiency in Excel and familiarity with BIR rules, Xero, and online banking are preferred.

Qualifications

• Bachelor's degree in Accountancy, Accounting, Finance or related field.
• 1–2 years of relevant accounting experience; fresh grads with strong academics may be considered.
• Working knowledge of basic accounting principles and financial reporting.
• Familiarity with Philippine tax regulations and BIR compliance is an advantage.

Responsibilities

• Process accounts payable transactions, verify and record supplier invoices.
• Review invoices for accuracy, approvals, and policy compliance.
• Monitor supplier balances and payment schedules to ensure timeliness.
• Prepare and process disbursements to vendors, employees, and others.
• Process employee reimbursements and cash advances with proper documentation.
• Process payroll and coordinate timely payroll disbursements.
• Record and journalize cash movements and related transactions.
• Prepare tax schedules for EWT, VAT withholding, SAWT, and related reports.
• Maintain comprehensive expense schedules for monthly, quarterly, and annual reporting.

Skills

Attention to detail

Organizational skills

Time management

Discretion with confidential info

Education

Bachelor's degree in Accountancy/Accounting/Finance

Tools

Xero Accounting Software

Microsoft Excel

Job description

About the role

The Disbursement Finance Associate is responsible for supporting the day-to-day accounting and finance operations of Nextbank and Swiftpay, with a primary focus on accounts payable, disbursements, cash management, tax compliance, payroll processing, and financial recordkeeping. The role ensures that accounting transactions are accurately recorded, properly supported, reviewed, and processed in a timely manner and in accordance with company policies and applicable tax and accounting regulations. The Disbursement Finance Associate will also assist in maintaining audit-ready financial records, preparing tax schedules and reports, and supporting various finance-related operational requirements.

Key responsibilities

• Process accounts payable transactions, including the verification, recording, and monitoring of supplier invoices and outstanding obligations

• Review invoices and supporting documents to ensure completeness, accuracy, proper approvals, and compliance with company policies

• Monitor supplier balances and payment schedules to ensure obligations are settled accurately and on time

• Prepare and process disbursements to ensure timely and accurate payments to vendors, service providers, employees, and other stakeholders

• Process employee reimbursements, ensuring that all claims are properly supported and approved

• Process cash advances and review liquidation reports for completeness, accuracy, and proper documentation

• Process payroll and coordinate with relevant personnel to ensure accurate and timely payroll disbursement

• Record and journalize cash movements, including cash receipts, disbursements, transfers, and other cash-related transactions

• Prepare tax schedules and supporting documents for Expanded Withholding Tax (EWT), Withholding VAT, Final Withholding Tax, Quarterly VAT Purchases Schedules, and Summary Alphalist of Withholding Taxes (SAWT)

• Prepare and maintain comprehensive expense schedules for monthly, quarterly, and annual reporting

About you

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

• Preferably with 1–2 years of relevant accounting experience; fresh graduates with strong academic backgrounds may also be considered

• Working knowledge of basic accounting principles and financial reporting

• Familiarity with Philippine tax regulations and BIR compliance is an advantage

• Experience with BIR eFPS and online banking platforms is preferred

• Experience using Xero Accounting Software is an advantage

• Proficient in Microsoft Excel and other Microsoft Office applications

• Strong attention to detail and accuracy in processing financial transactions

• Good organizational and time-management skills

• Ability to handle confidential financial and employee information with discretion

About us

Nextbank is an international company with offices in Krakow, Poland, and Taguig, Philippines. The company key product is a modern Cloud Core-Banking system, which, together with several other systems including Mobile & Internet Banking, Loan Origination, Credit Scoring, forms a unique 'bank-in-a-box' solution that was used to build DiskarTech - the first Philippine digital-only bank, which acquired 1 million customers in just 38 days from its market launch. The team behind the company has vast experience in developing and implementing banking solutions locally and abroad. With only four years of operation, we have proven a product-market fit, implemented our products in 20+ banks, and attracted great investors, including the 6th largest IT company in Europe. Our technical skills let us become a technology partner of Amazon Web Services.