General Ledger (Associate, Mid and Manager level)

Ascendion; Makati; On-site; PHP 800,000 - 1,200,000; Full time

Job summary

Ascendion is seeking a Manager to supervise the Credit Cards team, oversee end-of-period closing, subledger reconciliation, and balance substantiation. The role acts as an alternate Unit Head and handles complex stakeholder queries promptly.

The candidate should have 5–10 years of experience, a BS Accountancy, and CPA is a plus. Onsite work in Makati, Philippines is expected. Immediate start is possible.

Qualifications

• Demonstrated experience in daily reconciliations of suspense accounts.
• Experience in posting transactions in ledgers and preparing period-end reports.
• Ability to handle complex queries and produce accurate internal/external reports.

Responsibilities

• Review team work on daily reconciliations of suspense accounts and post transactions in the Cards subledger.
• Oversee maintenance of accounting records and ensure audit trails for internal reports.
• Prepare internal/external reports and reconcile subledgers with general ledgers.

Skills

Reconciliations

GL vs SL

Financial analysis

Internal reporting

Education

Bachelor's Degree

Job description

MANAGER

The position is responsible for the review and supervision of the work of the team, acts as an alternate to the Unit Head in overseeing the operations of the Credit Cards team and serves as a pool within the team. The role performs duties such as period-end closing of the Bank’s credit cards subledger and regulatory and PFRS general ledgers, reconciliations of credit card subledgers against the Bank’s general ledgers, posting of transactions in the credit cards subledger and doing end-of-period balance substantiation. The position also participates in complex financial systems projects; new product onboarding in the Cards subledger, the Bank's regulatory and PFRS ledgers; and handling queries from internal stakeholders in a timely manner.

Qualifications:

• Years of Work Experience: 5 - 10 years
• Educational Attainment: Bachelor's Degree
• Required course (if applicable): BS. Accountancy or any related accounting courses.
• Required Certification/Professional License (if applicable): Certified Public Accountant (CPA) is an advantage but not required.
• Amenable work full onsite
• Can start ASAP

PRINCIPAL DUTIESAND RESPONSIBILITIES

1. Demonstrates proficiency in operational activities by reviewing the work of the team members who do daily reconciliations of suspense accounts, post transactions in the Cards subledger, acting as officer-in-charge when the Unit Head is unavailable and serving as pool for the preparation of the work assigned to members of the team, as applicable.
2. Data, Financial & Transaction Analysis and Reporting – a. Oversees the maintenance of accurate and adequate accounting records; ensures financial records are reconciled and kept up-to-date and contain sufficient detail to establish audit trail;
3. Understands the upstream and downstream impactor their team's role sand responsibilities, processes and systems through the timely and accurate preparation of internal reports, handling of complex queries and reconciliation of the credit card subledger against other financial system of the Bank.

MID LEVEL

The role performs duties such as booking of daily transactions in GL/SL, daily and monthly reconciliation of handled accounts (i.e. GL vs SL, SL vs source reports), period-end closing, end-of-period balance substantiation and preparation of internal/external reports. The role may also involve participation in simple and complex financial systems projects/continuous improvement initiatives impacting credit cards.

PRINCIPAL DUTIES AND RESPONSIBILITIES

1. Data, Financial & Transaction Analysis and Reporting – a. Maintenance of accurate and adequate accounting records, ensures financial records are reconciled and kept up-to-date and contain sufficient detail to establish audit trail; b. Accurate and timely reconciliation of credit cards transactions, especially Intersystem Accounts, Accounts Receivables and Payables, with the aim of minimizing floats and reducing float days.
2. Identifies operational and accounting issues and escalates or resolves where appropriate through daily reconciliation of the Bank’s general ledger against the credit cards subledger. Ensures that all float items are adjusted within the allowable number of float days and long outstanding items are escalated. Role also conducts end-of-period balance substantiation for the credit card business.
3. Understands relevant SBC policies and procedures affecting own transactions processed and understands own processes. This includes booking of transactions in the credit card subledger and communicating with the correct department in the disposition of float items and other issue
4. Performs controls relevant to own role. This includes implementing process improvements and maintaining and updating policy and procedures manuals.
5. Develops working knowledge of relevant information systems and processes related to own role.
6. Processes own transactions with accuracy and timeliness.

Qualifications:

• Years of Work Experience: 1 - 4 Years
• Educational Attainment: Bachelor's Degree
• Required course (if applicable): BS. Accountancy or any related accounting courses.
• Required Certification/Professional License (if applicable): Certified Public Accountant (CPA) is an advantage but not required.
• Field of Specialization (if applicable): Accounting, Banking and Finance
• Amenable work full onsite
• Can start ASAP