Branch Finance Associate

3 days ago

Bacoor, Calabarzon, Philippines JT International (Philippines), Inc. Full time ₱300,000 - ₱600,000 per year

Reporting to: Branch Finance Supervisor

Duty Post: Bacoor

Contract Duration: 6 months

Work Arrangement: Monday to Saturday, 9:00 AM to 6:00 PM or 7:00 AM to 4:00 PM

This job posting will remain open until the vacancy is filled.

Branch Finance Associate - Bacoor (Temporary)

The Branch Finance Associate collaborates proactively with field partners to provide timely support on branch operations, ensuring accurate review, recording, and reconciliation of transactions. They drive compliance with company policies, validate customer transactions and data, and lead operational improvements, cascades, and implementation of new initiatives.

As the BFA in the area of Tagbilaran, you will:

  • Strategic Business Partnering / Cross Functional Collaboration

  • Actively participate in commercial and consumer-focused branch activities and attending events that aim to achieve shared goals.

  • Proactively engage in local CBU meetings to discuss team operation updates, concerns, challenges and opportunities
  • Collaborate with field forces to ensure timely resolution and closure of team findings (e.g., AR overdue, SPAR, CLU etc.)

  • Branch Finance Operations - Accurate and timely review, recording and reconciliation of branch transactions including but not limited to:

  • Timely Check Clearing (as soon as reflected in Bank Statement)

  • Daily REVO validation including monitoring of cashless payments
  • Review and validation of CWT from customers
  • 100% route settlements by assigned PSRs per agreed RS schedule
  • Creating CN/DN adjustments

  • Drive KPIs and Complianc

  • Drive and analyze various KPIs portraying branch performance such as, but not limited to QAR, CL utilization, SPAR, etc.

  • Responsible in ensuring that approved policies and procedures with designed controls are effectively implemented in assigned TSR/TER and proactively addresses any identified findings and observations reported by Internal Audit such as but not limited to:

    • Undertake a daily/weekly route settlement
    • Establishment of PSR accountabilities, reviewing PSR synching
    • Drive credit management processes, in compliance with Credit Management policy, while ensuring credit limits are sufficient in achieving sales volume targets.
    • Preserve the integrity and accuracy of data by validating and ensuring all supporting documents for customer changes, updates and approvals are saved in the digital platform.
    • Ensures compliance to existing statutory rules and regulations.
    • Reporting, Fraud Detection and Analytics

  • Ensure that monthly closing activities are timely and accurately performed.

  • Perform transaction analysis by correlating and corroborating data from different reports and tools such as but not limited to:

    • Data Analytics System (DAS), SPAR and PCV report
    • Credit limit utilization based on average sales per month
    • Synching report (e.g. late sync, gap from last call vs last time out/van sales
    • Multiple sales of outlets per week taking into consideration occasional fluctutations
    • Review of TSR exception report by examining frequency and how it correlates with TSR's track record in achieving KPIs.
    • Validate outstanding accounts receivable by conducting on-site visits to customers, to ensure accuracy and rationale of overdue.
    • Provide reports and analytics to CBU partners as neede

Who are we looking for:

  • Education: Bachelor's degree in Finance, Accounting, Economics, or a related field.
  • Work Experience: At least 3 years of relevant experience with a focus on accounts receivables and credit management. Experience in FMCG industry is a plus
  • Language Skills: Fluent in English and Tagalog (knowledge of the local dialect in the assigned area is a plus).
  • Technical Skills: Knowledge of credit management policies and procedures, integrated systems (e.g., ERP), and MS Excel (functions and formulas).
  • Other Skills: Strong communication and analytical skills, high attention to detail, and ability to stay flexible, proactive, and well-organized
  • Fresh graduates are welcome to apply.

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