Finance Officer

MicroSourcing; Pasay; On-site; PHP 300,000 - 420,000; Full time

Benefits offered by this job

Healthcare coverage on day one

Paid time-off with cash conversion

Group life insurance

Performance bonuses

Job summary

MicroSourcing in Pasay is seeking a Finance Officer to provide administration and operational support for the organisation's broking systems, reporting, and debtor management. The role interfaces with the Group Finance Controller, brokers, and authorised representatives to ensure accuracy in premium processing and financial workflows.

The position focuses on maintaining data quality, supporting bank reconciliations, and ensuring robust controls across multiple entities, with full awareness of

Qualifications

• 2+ years of experience in a finance or administration role within the insurance industry preferred.
• Experience working with broking administration systems (e.g. WinBEAT, Insight, iBais or similar) desirable.
• Proficiency in Microsoft Excel and financial systems; strong attention to detail and data accuracy.

Responsibilities

• Provide admin support for broking administration systems and financial workflows across multiple entities.
• Maintain data quality within the broking platform and support basis bank reconciliations and reporting.
• Collaborate with brokers, authorised representatives and external counterparties to resolve queries and ensure accurate financial processing.

Skills

Attention to detail

Analytical ability

Communication

Time management

Education

ANZIIF qualifications (advantageous)

Tools

WinBEAT

Insight

iBais

Job description

Job Description:

Discover your 100% YOU with MicroSourcing!

Position:

Finance Officer

Location:

Two Ecom, Pasay

Work setup & shift:

Onsite | Day shift

Why join MicroSourcing?

• Competitive Rewards: Enjoy above-market compensation, healthcare coverage on day one, plus one or more dependents, paid time-off with cash conversion, group life insurance, and performance bonuses
• A Collaborative Spirit: Contribute to a positive and engaging work environment by participating in company-sponsored events and activities.
• Work-Life Harmony: Enjoy the balance between work and life that suits you with flexible work arrangements.
• Career Growth: Take advantage of opportunities for continuous learning and career advancement.
• Inclusive Teamwork: Be part of a team that celebrates diversity and fosters an inclusive culture.

Role Purpose

Provide effective administration and operational support for the organisation's broking administration systems across multiple entities. The role supports the Group Financial Controller, brokers and authorised representative by ensuring the accuracy, integrity and efficient operation of the various systems that underpin premium processing, receipting, debtor management and premium reporting.

The Finance Officer is responsible for maintaining data quality within the broking platform, supporting financial workflows, and assisting with preparation of basis bank reconciliation and reporting processes that contribute to robust financial controls.

Working closely with authorised representatives, brokers and external counterparties, the position helps resolve system and transactional queries, supports financial operations, and ensures the broking administration system effectively supports business growth and operational efficiency.

Key Result Areas & Key Performance Indicators

Essential job functions include those responsibilities described in the Key Result Areas sections. To successfully perform this job, the individual must be able to perform each essential job function satisfactorily.

Strategy and Planning

• Contribute to the development and continuous improvement of finance processes and internal controls.
• Support the Group Finance Controller in maintaining efficient financial workflows across both broking and the authorised representative business.
• Assist with portfolio and financial data management that supports operational planning and reporting.
• Support improvements in the use of broking administration systems and related finance tools.
• Demonstrated contribution to strengthening financial controls and processes.
• Effective support of portfolio management and financial data accuracy.
• Continuous improvement of finance procedures and workflows.
• Timely support of financial reporting and operational planning requirements.

Policy, Process and Procedures

• Ensure compliance with all relevant legislation, AFSL obligations and company policies relating to financial operations and client money handling.
• Follow established financial procedures relating to premium processing, receipting and debtor management.
• Maintain accurate financial records within the broking administration system.
• Support governance and finance control frameworks across both the broking entity and authorised representative network.
• Full compliance with internal policies, procedures and regulatory obligations.
• Accurate and consistent use of finance systems, registers and operational tools.
• Effective monitoring and follow-up of finance controls across broking and AR operations.
• Timely completion of required financial records, reporting and governance documentation.

Customer Focus

• Support financial operations across multiple AFSL licensed entities.
• Process daily premium receipting and ensure accurate allocation within the broking administration system.
• Manage payments including client refunds and underwriter remittances and take-backs.
• Monitor and manage unallocated cash balances and ensure prompt reconciliation.
• Monitor and manage other outstanding compliance items including active follow ups of stakeholders
• Assist in monitoring overdue accounts and support debtor management processes.
• Liaise with brokers, insurers and premium funders to resolve transaction discrepancies.
• Respond to account queries from internal stakeholders, clients and authorised representatives.
• Collaborate with the Group Finance Controller to support trust accounting and reconciliations.
• Provide operational support to the authorised representative network including financial processing and reporting requirements.
• Assist with financial reporting processes including month end and management reporting.
• Accurate and timely processing of receipting and financial transactions.
• Effective management and reduction of unallocated cash balances.
• Timely follow-up and resolution of overdue accounts.
• Prompt and accurate resolution of financial and account queries.
• Accurate trust accounting support and reconciliations.
• Reliable servicing of authorised representatives and internal stakeholders.

Stakeholder Management

• Build and maintain strong working relationships across the group.
• Develop effective working relationships with brokers, underwriters and premium funders.
• Support collaboration between finance, broking teams and authorised representatives.
• Engage professionally with external stakeholders including accountants and service providers.
• Support the annual AFSL audit processes, responding to auditor requests in a timely manner.
• Positive feedback from internal and external stakeholders, including authorised representatives.
• Effective collaboration with broking teams, ARs and finance staff.
• Professional and timely communication with insurers, premium funders and service providers.

Knowledge, Skills & Experience

• Understanding of financial administration processes within the insurance broking industry.
• Knowledge of premium processing, receipting and debtor management workflows.
• Awareness of trust accounting requirements and financial controls relevant to AFSL environments.
• Familiarity with broking administration systems and financial reporting processes.
• Strong attention to detail and financial data accuracy.
• Effective communication and stakeholder management skills.
• Ability to build strong working relationships with internal teams and external partners.
• Analytical and problem-solving capability.
• Strong organisational and time management skills.
• Proficiency in Microsoft Excel and financial systems.
• 2+ years' experience in a finance or administration role within the insurance industry preferred.
• Experience working with broking administration systems (e.g. WinBEAT, Insight, iBais or similar) desirable.
• Experience supporting financial operations including receipting, reconciliations or debtor management.
• Tier 1/Tier 2 ANZIIF qualifications advantageous but not required.

About MicroSourcing

With over 9,000 professionals across 13 delivery centers, MicroSourcing is the pioneer and largest offshore provider of managed services in the Philippines.

Our commitment to 100% YOU

MicroSourcing firmly believes that our company's strength lies in our people's diversity and talent. We are proud to foster an inclusive culture that embraces individuals of all races, genders, ethnicities, abilities, and backgrounds. We provide space for everyone, embracing different perspectives, and making room for opportunities for each individual to thrive.

At MicroSourcing, equality is not merely a slogan – it’s our commitment. Our way of life. Here, we don't just accept your unique authentic self - we celebrate it, valuing every individual's contribution to our collective success and growth. Join us in celebrating YOU and your 100%!

For more information, visit https://www.microsourcing.com/

• Terms & conditions apply