Reconciliation Assistant

Job Summary

The Recon Management Associate is responsible to assist the Reconciliation Management Team Lead in the clean- up of floating items in the Bank Reconciliation by performing daily monitoring of entries per GL as matched against bank statement.

Duties and Responsibilities

KEY FUNCTIONS/DUTIES AND RESPONSIBILITIES:

• Prepare Consolidated Unrecorded File

• Balancing of bank reconciliation's unrecorded debits and credits vs. Treasury's consolidated list of unrecorded debit and credits

• Extract Cash In Bank GL in FREBAS, arrange data per bank account

• Identification of subsequently posted transactions

• Preparation of working paper adjustments

• Identification and reconciliation of unmatched book entries in the bank recon

• Monitoring of AR-Unrecorded credits and preparation of journal voucher entries

• Booking of interest earned per bank monthly

• Preparation of list of incomplete deposit process in the FREBAS system and send to concerned team

• Downloading of EWB account balance and transaction history

• Monitors bank credit transactions and ensure that transaction related to payments and collections are well accounted and booked.

• Daily monitoring of debit transactions of operating account

• Journalizes EWB portfolio collections, credit card payments and interest earned for each bank accounts

• Assists in the clean-up of floating items in the Bank Reconciliation

Technical Competencies and Skills

knowledgeable in Oracle and Frebas, with good analytical skills, proficient in MS office specially Excel

Education, Trainings and Licenses Required

at least Bachelor's/College Degree in Finance/Accountancy or any related courses