Title: Branch Finance Associate - DSO Bacolod
Job ID: 93880
Country: Philippines
City: Bacolod City
Professional area: Accounting & Finance
Contract type: Permanent
Professional level: Graduates
WHAT IS THIS POSITION ABOUT?
The position is primarily responsible for proactively collaborating with field partners by providing timely feedback/support related to branch operations. Propose process improvements, implement approved projects, and provide support/lead cascades of new processes, initiatives, or policies. Provide accurate and timely review, recording, and reconciliation of branch transactions. Drive and monitor compliance aligned with the company policies & procedures and establish accountabilities of branch personnel. Validates accuracy and completeness of the customer’s transactions including customer master data.
WHAT WILL YOU DO?
- 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:
- 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 Compliance:
- Drive and analyze various KPIs portraying branch performance such as QAR, CL utilization, SPAR, etc.
- Responsible for ensuring that approved policies and procedures with designed controls are efficiently implemented in assigned TSR/TER and proactively address any identified findings and observations reported by Internal Audit such as:
- 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.
- Ensure compliance with 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:
- 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 fluctuations
- 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 needed.
Projects/Adhoc Tasks: Projects including conducting trainings to empower TSR/TER. Tasks that may be assigned by the line manager.
WHO ARE WE LOOKING FOR?
- University degree or equivalent in Finance, Accounting, Economics.
- Open to Fresh Graduates with at least 1-2 years background in Accounting (Internship or equivalent experience). Experience in Fast Moving Consumer Goods (FMCG) focusing on accounts receivables and credit management.
- Can speak both English & Tagalog. Local language/dialect on the assigned territory is an advantage.
- Willing to be based in Bacolod City and to work on-site every Saturday.
- The following is an advantage:
- Knowledgeable in credit management policies and procedures.
- Good understanding of integrated systems (e.g. ERP).
- Good communication and analytical skills.
- High level of accuracy and attention to detail.
- With MS Excel expertise (Functions / Formula).
- Must be flexible, proactive, highly organized, and detail-oriented.
WHAT ARE THE NEXT STEPS?
Thank you for applying! You will receive an update regarding your application within the next two weeks.
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