Financial Services Associate

4 days ago


Makati City, National Capital Region, Philippines Penbrothers Full time

About the Job

Penbrothers is seeking a Financial Services Associate to join our team. As a key member of our treasury operations team, you will be responsible for ensuring timely and accurate payment processing and treasury operations.

Your Key Responsibilities

  1. Manage daily banking transactions, prepare cash forecasts, and assist with month-end reporting
  2. Extract and review weekly bank statements to ensure proper record-keeping and reconciliation
  3. Prepare and submit weekly bank balances report for group reporting
  4. Assist in the preparation of 4-week cash forecast to support financial planning
  5. Process and ensure accurate salary payouts to Brazil-based employees, taggers and editors
  6. Support the reporting team by providing relevant bank transaction data during the monthly closing process
  7. Prepare and reconcile the client's Monthly Bank Balances
  8. Support the reporting team in their month-end closing activities specifically on the following activities: Capitalize and depreciate non-cash assets as per company policies, Reconcile Farfetch Buyback transactions with the Farfetch intercompany team, Process and account for prepayments related to all entities under the client's Group
  9. Communicate to Japan consultant regarding adjustments to credit card reimbursement claims based on the report provided by controllership team
  10. Manage supplier and service provider relationships, including communication of payment status and resolution of payment issues
  11. Process employee expense reports and ensure compliance with company policies
  12. Communicate with vendors and internal stakeholders regarding invoice and payment inquiries
  13. Monitor accounts payable aging report and ensure timely payment of vendor invoices
  14. Prepare and distribute reports as needed

You Will Need

  • At least 2 years of experience in treasury, accounts payable, or a similar role
  • Strong understanding of banking transactions, cash flow management, and financial reporting within an online retail or digital marketplace setting
  • Strong organizational skills and attention to detail
  • Strong communication skills and ability to collaborate with internal and external stakeholders
  • Excellent verbal, written and interpersonal communication skills in both technical and non-technical contexts
  • Must be comfortable working in cross-functional teams
  • Excellent analytical and problem-solving skills
  • Ability to work effectively under deadlines and manage multiple tasks in a fast-paced environment
  • Bachelor's degree in accounting, finance, or related field
  • Internal audit or external financial audit background is a plus


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