Job Purpose
- Primarily responsible for the maintenance of the Bank’s financial and accounting data that serves as basis to regularly evaluate, analyze and execute business decisions.
- Over all in-charge of the timely processing of operating and capital expenditures.
- Accountable to the accurate preparation and submission of financial reports to both internal and external stakeholders.
- Provides technical and operational support on new and existing product lines.
- Lead, mentor and guide the professional growth of the accounting and regulatory reports team.
- Oversee the implementation and maintenance of accounting and reporting systems to improve efficiency and accuracy.
- Leverage technology to streamline processes and enhance accounting and reporting capabilities.
Duties and Responsibilities
General
Develop and implement internal control policies and procedures to ensure compliance and mitigate financial risks.Monitor and evaluate the effectiveness of controls, making improvements as necessary.Ensure accurate and timely financial data is available for decision-making processes.Lead, mentor, and develop the accounting and regulatory reporting team, fostering a culture of continuous improvement and professional growth.Collaborate with other departments to support overall business objectives and strategic initiatives.Serve as subject matter expert on matters concerning accounting and regulatory reporting.Disbursement & Bookkeeping
Oversee payment processing, ensuring accuracy, timeliness, and compliance with internal controls.Oversee month-end and year-end closing processes, ensuring accuracy and completeness of financial records.Ensure the timely preparation of the trial balance and resolve any discrepancies.Review daily bookkeeping and other adjustments.Regulatory Reporting and Compliance
Stay updated on changes in regulatory requirements set by the Bangko Sentral ng Pilipinas (BSP), Philippine Deposit Insurance Corporation (PDIC), Securities and Exchange Commission (SEC) and other relevant regulatory bodies. Perform gap analysis and implement necessary changes to policies and procedures to ensure compliance.Oversee the preparation and submission of accurate and timely regulatory reports in close coordination with Unibank Centralized Accounting Division (UCAD).Handle audit requirements of regular BSP examination and similar engagements.Reconciliation
Oversee the reconciliation of all bank accounts, ensuring discrepancies are identified and resolved in a timely manner.Implement processes to improve the efficiency and accuracy of reconciliation activities.Monitor the float items and ensure disposal on a timely manner.Tax Compliance
Ensure the Bank's compliance with all local and national tax laws and regulations.Oversee the preparation and filing of tax returns, including income tax, GRT, and other applicable taxes.Coordinate with BPI Tax Compliance Unit on regular tax compliance review and work towards consistency of tax calculation and treatment of transactions with the BPI tax policy.Liaise with tax authorities and external and internal tax advisors to resolve any issues or audits.#J-18808-Ljbffr