Asset Reconciliation Expert

21 hours ago


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

About the Role:

This Asset Reconciliation Expert position plays a vital role in ensuring the accuracy and efficiency of our operations. The ideal candidate will possess strong analytical skills, excellent communication abilities, and a keen eye for detail.

Key Responsibilities:

  1. Analyze and reconcile Disbursement Accounts to ensure accurate payments and confirm all transactions were processed correctly.
  2. Collaborate with external agencies to reconcile federal and state taxes withheld from payments.
  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: Flexibility to work onsite and from home, ability to adapt to changing schedules, and willingness to work night shifts.


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