Disbursement Account Coordinator

10 hours ago


Quezon City, National Capital Region, Philippines Manulife Insurance Malaysia Full time

Job Summary:

We are looking for a skilled Disbursement Account Coordinator to join our team. In this role, you will be responsible for managing Disbursement Accounts, reconciling federal and state taxes, and working closely with the Reconciliation team to ensure shares align with Fund Families or Transfer Agents.

Responsibilities:

  1. Manage Disbursement Accounts to ensure accurate payments and confirm all transactions were processed correctly.
  2. Reconcile federal and state taxes withheld from payments prior to remitting to the proper agencies.
  3. Work closely with the Reconciliation team to ensure shares align with Fund Families or Transfer Agents.
  4. Process GA Trades, including money movements and responding to rejects in a timely manner.
  5. Prepare and submit daily Federal wire payments.
  6. Reconcile ACH credits/debits for file transmission to State Street Bank.
  7. Oversee RA reconciliation and preparation processes.
  8. Capture and resolve individual discrepancies through Cash Reconciliations, Banking application cleanup processes (CM Recon), and Revenue sharing payment processing.
  9. Verify and correct current and previous year tax records.
  10. Develop process improvements to enhance efficiency and reduce manual keying.

Requirements:

  • Education: Undergraduate degree in business or 2-4 years of relevant work experience.
  • Hybrid Work Arrangement: Ability to work onsite and from home, flexibility to adapt to changing schedules, and willingness to work night shifts.


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