Treasury Reconciliations Officer

Satellite Office; Pasig; On-site; PHP 420,000 - 660,000; Full time

Job summary

Satellite Office is seeking a Treasury Reconciliations Officer in Pasig, Philippines to support daily bank reconciliations and treasury operations as part of the global finance team. The role emphasizes accuracy, compliance with policies, and collaboration across treasury and store teams.

You will contribute to timely reporting on account balances globally, maintain electronic clearing accounts, and assist with month-end treasury activities while driving process improvements and internal

Qualifications

• Three years accounting experience, with one year in a similar role.
• Retail or FMCG experience preferred.
• Intermediate Excel skills as well as a sound knowledge of Microsoft Office.
• Sound understanding of general ledger, banking, Treasury and month end processes.
• Sound knowledge of internal control mechanisms and processes.
• Accounting qualification (Diploma or higher) preferred.
• Technically savvy, with an ability to navigate banking/merchant platforms.
• Experienced with large ERP systems with an interest in working with large amounts of data.
• Eager to contribute to the process of continuous improvement.

Responsibilities

• Perform daily, weekly and monthly bank reconciliations.
• Reconcile payments received against outstanding balances and investigate and clear discrepancies.
• Reconcile and maintain electronic clearing accounts in a timely and efficient manner.
• Reconcile and maintain Virtual Terminal Payments.
• Follow up on overdue payments and work with store staff to resolve outstanding balances.
• Ensure compliance with KING policies and procedures, maintaining a high standard of control at all times.
• Maintain Treasury Inbox.
• Investigation and management of exception transactions within agreed clearing times.
• Identifying and escalating areas of risk or problems as deemed appropriate.
• Other Ad hoc duties as and when directed.
• Manual processing of sales transactions, where necessary.
• Prepare auditor reports for review.

Skills

Accounting experience

General ledger knowledge

Treasury processes

Internal controls

Excel proficiency

ERP systems experience

Data analysis

Attention to detail

Education

Diploma or higher in Accounting

Tools

Excel

Microsoft Office

ERP systems

Banking platforms

Job description

Role Summary

The Treasury Reconciliations Officer is responsible for performing bank reconciliations and banking related transactions and for providing operational support to the Treasury Team as well as being a contributor to the global finance team and helping to improve these functions to support the international growth of the organization.

The Treasury Reconciliations Officer is responsible for performing bank reconciliations and banking related transactions and for providing operational support to the Treasury Team as well as being a contributor to the global finance team and helping to improve these functions to support the international growth of the organization. The role is responsible for contributing to the integrity of the treasury information through verifying, reconciling and coordinating transactions. They will assist to deliver timely and accurate reporting on account balances, globally across all jurisdictions, in conjunction with the guidance and support of the Treasury Team.

CORE RESPONSIBILITES

Sales Audit

• Manual processing of sales transactions, where necessary
• Prepare auditor reports for review

Treasury

• Perform daily, weekly and monthly bank reconciliations
• Reconcile payments received against outstanding balances and investigate and clear any discrepancies or issues
• Reconcile and maintain electronic clearing accounts in a timely and efficient manner
• Reconcile and maintain Virtual Terminal Payments
• Follow up on overdue payments and work with store staff to resolve outstanding balances
• Ensure compliance with KING policies and procedures, maintaining a high standard of control at all times
• Maintain Treasury Inbox
• Investigation and management of exception transactions within agreed clearing times
• Identifying and escalating areas of risk or problems as deemed appropriate
• Other Ad hoc duties as and when directed

Teamwork

• Positive stakeholder relationships are developed and maintained
• Escalate where appropriate for timely resolution of issues preventing efficient completion of duties
• Support the Treasury Team and all key stakeholders
• Work independently with general guidelines
• Works collaboratively with key King Living team members to effectively communicate work in progress and actions

Capabilities

• Three years Accounting experience, with one year experience in a similar role,
• Retail or FMCG experience preferred
• Intermediate Excel skills as well as a sound knowledge of Microsoft Office
• Sound understanding of general ledger, banking, Treasury and month end processes
• Sound knowledge of internal control mechanisms and processes
• Accounting qualification (Diploma or higher) preferred
• Technically savvy, with an ability to navigate banking/merchant platforms
• Experienced with large ERP systems with an interest in working with large amounts of data
• Eager to contribute to the process of continuous improvement