Reconciliation Specialist

Job Summary

• Responsible for the monitoring, review and reconciliation of GL accounts and to ensure accuracy and reliability of reports to concerned Head Office units.
  
  

• Daily monitoring and review of GL accounts for any abnormal balance, float items, and discrepancy between SL and GL. Investigates cause of discrepancy and recommends adjusting entries.
• Reconciliation and issuance of exception memo to Concerned units
• Preparation of various schedules for Certification of Balances (COB) and reporting purposes
• Updating of status and/or disposition of outstanding balances of Accounts included in the quarterly aging report. Escalation of long outstanding items.
• Preparation of life insurance such as CLI or Credit Life Insurance and MRI or Mortgage Redemption Insurance and non-life insurance such as Fire Insurance and Motor Comprehensive Insurance for monthly remittance to third party agencies.
  
  

• Bachelor’s degree in Accounting or equivalent course.
• Knowledge on Bank’s operations and accounting-related entries.
• Preferably with experience in bank operations or accounting-related.