Proofing and Reconciliation Associate

City Savings Bank; Pasig; On-site; PHP 260,000 - 380,000; Full time

Job summary

City Savings Bank is seeking a Proofing and Reconciliation Associate in Pasig to ensure that all transactions in the Bank’s general and subsidiary ledgers are accurate, balanced, and properly reflected. This role supports the Proofing and Reconciliation Team Leader in maintaining the integrity of financial records and ensuring timely resolution of discrepancies.

The incumbent will handle reconciliations for loan payments and remittances, prepare consolidated dashboards, investigate

Qualifications

• Reconcile general ledger accounts related to loan payments and remittances.
• Prepare consolidated GL and SL dashboards showing abnormal balances and aging items.
• Investigate discrepancies and collaborate with booking units, branches, and support teams for resolution.
• Provide assistance on month-end and year-end closing activities.

Responsibilities

• Handle and reconcile GL Accounts related to temporary booking of loan payments and remittances.
• Prepare consolidated GL and SL dashboards showing abnormal balances and aging items.
• Ensure GL and SL accounts are balanced and reflect normal values at all times.
• Investigate discrepancies and collaborate with booking units, branches, and support teams for resolution.
• Conduct and document Accounts Review Forums to address abnormal balances and reconciling items.
• Prepare and escalates summaries of long-aging and abnormal balance accounts.
• Provide assistance on accounting issues, month-end and year-end closing activities.
• Support internal and external audit requirements promptly.
• Implement and maintain financial controls, accounting policies, and reconciliation standards.
• Prepare accurate and timely reports and support controllership teams in explaining variances.
• Deliver excellent customer service and uphold compliance with Audit, Risk, IT, ISMS, and regulatory policies.
• Participate in training and self-development initiatives.
• Perform other related tasks as assigned.

Skills

Reconciliation

GL Accounts

Financial Reporting

Internal Audit Support

Month-end Close

Job description

The Proofing and Reconciliation Associate ensures that all transactions in the Bank’s general and subsidiary ledgers are accurate, balanced, and properly reflected. This role supports the Proofing and Reconciliation Team Leader in maintaining the integrity of financial records and ensuring timely resolution of discrepancies.

Key Responsibilities:

• Handle and reconcile the following GL Accounts related to temporary booking of loan payments and remittances:
• Prepare consolidated GL and SL dashboards showing abnormal balances and aging items.
• Ensure GL and SL accounts are balanced and reflect normal values at all times.
• Investigate discrepancies and collaborate with booking units, branches, and support teams for resolution.
• Conduct and document Accounts Review Forums to address abnormal balances and reconciling items.
• Prepare and escalates summaries of long-aging and abnormal balance accounts.
• Provide assistance on accounting issues, month-end and year-end closing activities.
• Support internal and external audit requirements promptly.
• Implement and maintain financial controls, accounting policies, and reconciliation standards.
• Prepare accurate and timely reports and support controllership teams in explaining variances.
• Deliver excellent customer service and uphold compliance with Audit, Risk, IT, ISMS, and regulatory policies.
• Participate in training and self-development initiatives.
• Perform other related tasks as assigned.