Job Description

You are as unique as your background, experience and point of view. Here, you'll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.
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Accounting and Reporting
Checks reasonableness/accuracy of accounting entries for transactions processed by the 3rd Party Vendor ('Outsourcing Partner') (i.e. trading of securities, maturities and coupon payments of fixed income investments, portfolio valuation and marking-to-market of financial assets, and accrual of income and fees)
Prepares the following financial reports:
Bangko Sentral ng Pilipinas (BSP) - Fiduciary related reports as required in the provisions of MORNBFI.
Insurance Commission (IC) - reports required from a Trustee of a Pre-Need Company
Prepares the following financial reports:
Monthly, quarterly, and annual financial statements (Fiduciary)
Client reports - Balance Sheet, Income Statement, Investment Activity Report, Return of Investment Report, and Schedule of Earning Assets/Investments (ensures accuracy of all the account balances, asset valuation and all reports issued to the clients)
Prepares tax schedules, certificates and billing invoices issued to the clients.
Prepares journal entries or any adjustments posted in client accounts.
Prepares audited schedules/audited financial statements of manage fund accounts as required by the BSP.
Checks marked-to-market prices used by the Outsourcing Partner for valuation of assets
Checks accuracy of management/trust fees due from clients, prepares and submits billing statements and Official receipts to clients and monitors payment
Other tasks as assigned.
80%
Support to Company's Initiatives
Participates in the system enhancements, process documentation/improvements and preparation of requirements for new clients/products.
10%
Internal Controls and Internal Audit
Ensures appropriate controls are performed in the preparation of financial reports before submission to internal and external stakeholders.
Documents the processes and procedures involving all reports preparation.
Regular review and update of existing guidelines, processes and procedures to effect necessary changes/improvements.
Prepares audit requirements of internal/external auditors.
5%
Administrative Functions
Organizes reports received from Outsourcing Partner
Manages inquiry from the internal stakeholders, auditors and regulators related to the assigned tasks.
5%
Specialized knowledge
Experience in audit firm and/or financial statements preparation of a financial institution preferably in a trust corporation. Knowledge and expertise in various accounting standards such as PFRS and Local Statutory Requirements. Knowledge and expertise in handling financial derivatives. Knowledge in laws and regulations governing trust corporations. Accuracy and attention to detail. Able to timely meet internal and/or external deadlines Basic organizational skills (planning, time management and priority management) Basic verbal and written communications skills plus good listening skills Advanced analytical, comprehension and presentation skills. Proficiency in use of Microsoft Word, Excel and PowerPoint.
Problem solving
Must be able to handle complex problems related to financial accounting and reporting. In addition, must be able to provide solutions for other operations related issues such as trade processing, portfolio valuation and accounting.
Education and experience
Bachelor's Degree in accountancy Certified Public Accountant (CPA) Designation, an advantage. At least 2-year experience in audit firm and/or financial statements preparation of a financial institution preferably in a trust corporation.
Communication scope
This person will be frequently communicating with various internal and external stakeholders such as Operations, Investment, IT, Legal and Compliance, Internal and External Auditors and Regulators.
Job Category: Finance
Posting End Date:
You are as unique as your background, experience and point of view. Here, you'll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with