Reconciliation Support Lead

Filinvest Development Corporation; Mandaluyong; On-site; PHP 40,000 - 60,000; Full time

Job summary

A financial services company in Mandaluyong seeks a Reconciliation Support Lead to oversee bank reconciliation processes. This role entails monitoring bank transactions, preparing consolidated reports, managing journal entries, and ensuring the accuracy of financial records. The ideal candidate should be an Accounting Graduate with proficiency in MS Excel and strong analytical skills. Join our team to contribute to the efficiency of our financial operations.

Qualifications

• Accounting degree is essential.
• Experience in bank reconciliation preferred.
• Skills in financial reporting required.

Responsibilities

• Monitor bank debit transactions to ensure accurate booking.
• Prepare consolidated unrecorded bank debits for proper accounting.
• Manage journal entries for portfolios and fund transfers.
• Download and share daily transaction histories.
• Ensure prompt tagging of returned checks.
• Journalize credit card collections and related charges.
• Post broker's commissions and manage credits.
• Clean up floating items in reconciliation.

Skills

Proficient in MS Excel

Good analytical skills

Education

Accounting Graduate

Job description

About the job Reconciliation Support Lead

Job Summary

Responsible in updating, checking, identifying GL affected in the Consolidation of Unrecorded Bank Debits and Credits from Bank Recon Report. Responsible in the clean-up of floating items in the Bank Reconciliation Report and assigned GL accounts.

Duties and Responsibilities

• Monitoring of bank debit transactions and ensures that transaction related to payments are booked.
• Preparation of Consolidated Unrecorded bank debits and identifying GL affected for bank debits and credits
• Journalizes EWB portfolio collections, fund transfer to Fapii and interest earned for each bank account
• Downloading daily EWB C transaction history and email to concerned department
• Monitors the prompt tagging of returned checks reflected in the bank transaction history
• To journalize credit card collections alongside with the CWT and charges involved
• Posting of broker's commission and credit back.
• Clean-up of floating items in the Bank Reconciliation and other assigned GL accounts

Technical Competencies and Skills

Proficient in MS Excel, with good analytical skills.

Education, Trainings and Licenses Required

Accounting Graduate.