Transaction Processing Assistant

About BDO

BDO Unibank, Inc. is the Philippines’ leading full‑service bank, offering a wide range of financial and digital banking services. Guided by our brand promise “We Find Ways,” we are committed to delivering easy, reliable, and customer‑focused services. Build your career with a trusted industry leader.

Job Summary

Responsible for preparation of member’s equity reports, cash withdrawals, processing of employee retirement benefits and BIR reportorial requirements.

Duties and Responsibilities

• Preparation of Member’s Equity Reports/ Statements:

1. Updates, posts member’s contributions to each member’s ledgers in the system
2. Update, posts benefit payments/ member’s withdrawal in the system
3. Updates member’s status in the system (e.g. inactive, new member, etc.)
4. Allocates/ posts income (loss) distribution among eligible members
5. Extracts equity reports from the system for submission to clients
6. Reconciles member’s equity balances as against the Financial reports
7. Transmits Member’s Equity Reports to clients
8. Monitors completeness of the issued/ transmitted reports to clients
9. Computes for the provident fund fees/ charges on maintenance of members’ ledgers

• Processing of Employee Benefit Payment:

1. Checks completeness of information in client’s Letter of Instructions (LOI) and the supporting documents, If any, necessary to compute/ process the retirement benefits due to separating employee
2. Secure outstanding employee loans of the separating employee for deduction from his retirement/ separation benefits
3. Secure outstanding equity balances of the separating/ withdrawing employee
4. Computes the net retirement benefits due to the separating employee based on client’s Retirement Plan Rules and regulations
5. Prepares list of accounts for funding request
6. Prepares and encodes accounting entries for processing the benefit payments in the system
7. Prepares/ accomplish BIR return for taxes withheld on payment of compensation (BIR Form No 2316)
8. Updates summary of benefit payments on a per client basis
9. Filing of the Accounting Entry Forms and relevant documents on a per client basis

• Other administrative functions:

1. Assist to various internal/external queries/concerns
2. Ensures compliance to internal/external policies and other audit requirements
3. Ensure proper upkeep of work / assigned area
4. Perform other duties that may be assigned from time to time by the immediate supervisor

Qualifications

• Graduate of any 4 year Business course, preferably Accounting

• Preferably with at least one (1) year work related experience; fresh graduates are welcome

• Computer literate

• Good problem solving and data analysis skills

• Must have the ability to embrace change and work comfortably in a fast-paced, multi-cultural, matrix environment

• Must be willing to learn on new regulatory-related issuances/updates

• Willing to work onsite in Makati