Monitoring and Reconciliation Department Head
RCBC
Date: 5 hours ago
City: Taguig
Contract type: Full time
Job Summary
- Responsible for the monitoring, review of reconciled
- GL accounts and to ensure accuracy and reliability
- of reports to concerned Head Office units.
- - Checking of daily monitoring and review of GL accounts for any abnormal balance, float
- items, and discrepancy between SL and GL. Validates the investigation made by the
- Reconciliation Specialist that cause the discrepancy and their recommendation on the
- adjusting entries.
- - Monitor the escalation, reconciliation and issuance of exception memo to concerned units
- -Checking of various schedules for Certification of Balances (COB) and reporting
- purposes.
- - Validation of the updated status and/or disposition of outstanding balances of Accounts
- included in the quarterly aging report. Escalation of long outstanding items.
- - Ensures monthly remittance to insurance partners both in Life & Non-Life Insurance and
- guaranties.
- Bachelor's degree in Accounting or equivalent course.
- Knowledge on Bank's operations and accounting-related entries.
- Bank's internal policies/rules and regulations.
- Preferably with experience in bank operations or accounting-related.
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