Accounting Staff

The Accounting Staff - Bank Reconciliation is responsible for ensuring the accuracy of financial records by reconciling bank statements with internal accounting records. This role supports the finance department by identifying discrepancies, recording adjustments, and maintaining accurate and up-to-date reconciliation documentation.

Duties and Responsibilities:

A. BANK RECONCILIATION

• Reconciles bank transaction, bank statements to general ledger on a regular ledger on a regular basis.
• Identifies and investigates discrepancies, including missing or incorrect transactions.
• Knowledgeable in journalizing bank transactions other than deposits and withdrawals, i.e. interest income and others.
• Communicates with banks and internal departments to resolve reconciliation issues.
• Maintains detailed records of reconciliation activities, including supporting documentation.
• Prepares and submits bank transactions are accurately reflected in general ledger.
• Check, verify and ensure daily deposit of collection and monitor bank withdrawals.
• Ensures reconciliations adhere to company policies and procedures.
• Provides documentation and supporting during internal and external audits.
• Conducts inventory of checkbooks as necessary.
• Check and monitor daily bank deposit of collection and withdrawals. Ensure compliance with the company policies, otherwise, reports to HR and non-compliance with the related policy.
• Coordinates with Finance department.

B. Other duties that maybe assigned from time to time