Job Description

Here at Metrobank, we don't simply hire employees—we hone future leaders. We provide opportunities that enhance your skills and unlock your talents, helping you evolve into a well-rounded individual. We supply you with all the pieces you need to do your best work, unleashing your full potential to help you secure your future and lead a fulfilling career. And with Metrobank's strong heart for the community, you have the chance to give back and make worthwhile contributions to our nation's economic and social development.

With Metrobank, a meaningful life is within your reach!

Position Title: Operations Assistant - Accounting Department

Job Summary:

• Responsible in the daily booking of all transactions affecting the trustors’ and the trustee’s books of accounts
• Responsible for the preparation of valuation for pooled fund and other managed accounts requiring valuations.
• Responsible for the accurate computation, timely booking and regular collection of trust fees. Ensures proper booking of Income and Expenses.
• Responsible for the accurate, complete and timely submission of various regulatory and various management reports.

Specific Duties and Responsibilities:

• Reviews all cash transactions in Portia before booking in the Trust Accounting System (TAS).
• Performs daily upload of transactions from PORTIA System to the Trust Accounting System.
• Ensures accurate valuation of securities based on prices from different sources.
• Prints transaction edit list from TAS and reviews accuracy of journal entries made.
• Generates final trustors and bank’s proofsheet and uploads the same to FMS.
• Reconciles TBG’s Income and Expense per books versus FMS and TBG’s proofsheet versus the banks’ contingent accounts.
• Prepares daily valuation report of pooled funds and encodes its daily NAVPU in the Metrobank, TOAP websites and other service providers.
• Prepares various regulatory (i.e., Bangko Sentral ng Pilipinas, Bureau of Internal Revenue) and management reports.
• Responsible in calculating the required and available reserves on Trust and Other Fiduciary Accounts and other similarly managed funds subject to reserves.
• Maintains an accurate database of accounts. Backs-up processing of accounting books and records.
• Performs monthly accruals of trust fees and collection of the same.
• Prepares schedule of accounts such as but not limited to cash balances, investment balances, accruals, loan loss provisioning/impairment.
• Prepares the Group’s Performance Report on a weekly basis and supporting schedules such as variance analysis of net increase/decrease of Trust Assets and Average Daily Balances (ADB) of Trust Assets.
• Recommends adjusting entries for noted discrepancies.
• Performs other related functions that may be assigned from time to time.

Qualifications:

• Graduate of Accounting, Finance, Business Administration or any related course
• Fresh graduates are encouraged to apply
• Basic knowledge of accounting principles, reconciliation, and financial transactions
• Proficient in MS Excel and MS Office
• Detail-oriented, organized and comfortable working with numbers
• Good analytical and communication skills
• Able to work accurately within deadlines and established processes

Other Details:

Rank: Rank and File

Unit: Trust Banking Group

Location: Metrobank BGC Center, Taguig