OPERATIONS ASSISTANT, ACCOUNTING DEPARTMENT

Job description

Here at Metrobank, we don't simply hire employees—we hone future leaders. We provide opportunities that enhance your skills and unlock your talents, helping you evolve into a well-rounded individual. We supply you with all the pieces you need to do your best work, unleashing your full potential to help you secure your future and lead a fulfilling career. And with Metrobank's strong heart for the community, you have the chance to give back and make worthwhile contributions to our nation's economic and social development. With Metrobank, a meaningful life is within your reach! Position Title: Operations Assistant - Accounting Department Job Summary: Responsible in the daily booking of all transactions affecting the trustors’ and the trustee’s books of accounts Responsible for the preparation of valuation for pooled fund and other managed accounts requiring valuations. Responsible for the accurate computation, timely booking and regular collection of trust fees. Ensures proper booking of Income and Expenses. Responsible for the accurate, complete and timely submission of various regulatory and various management reports. Specific Duties and Responsibilities: Reviews all cash transactions in Portia before booking in the Trust Accounting System (TAS). Performs daily upload of transactions from PORTIA System to the Trust Accounting System. Ensures accurate valuation of securities based on prices from different sources. Prints transaction edit list from TAS and reviews accuracy of journal entries made. Generates final trustors and bank’s proofsheet and uploads the same to FMS. Reconciles TBG’s Income and Expense per books versus FMS and TBG’s proofsheet versus the banks’ contingent accounts. Prepares daily valuation report of pooled funds and encodes its daily NAVPU in the Metrobank, TOAP websites and other service providers. Prepares various regulatory (i.e., Bangko Sentral ng Pilipinas, Bureau of Internal Revenue) and management reports. Responsible in calculating the required and available reserves on Trust and Other Fiduciary Accounts and other similarly managed funds subject to reserves. Maintains an accurate database of accounts. Backs-up processing of accounting books and records. Performs monthly accruals of trust fees and collection of the same. Prepares schedule of accounts such as but not limited to cash balances, investment balances, accruals, loan loss provisioning/impairment. Prepares the Group’s Performance Report on a weekly basis and supporting schedules such as variance analysis of net increase/decrease of Trust Assets and Average Daily Balances (ADB) of Trust Assets. Recommends adjusting entries for noted discrepancies. Performs other related functions that may be assigned from time to time. Qualifications: Graduate of Accounting, Finance, Business Administration or any related course Fresh graduates are encouraged to apply Basic knowledge of accounting principles, reconciliation, and financial transactions Proficient in MS Excel and MS Office Detail-oriented, organized and comfortable working with numbers Good analytical and communication skills Able to work accurately within deadlines and established processes Other Details: Rank: Rank and File Unit: Trust Banking Group Location: Metrobank BGC Center, Taguig