Branch Accounting Associate/Accountant (CAGAYAN DE ORO) - Cagayan de Oro

JOB SUMMARY

The Branch Accounting Associate / Accountant is primarily responsible in all aspects of Cash Management including accepting payments, depositing payments to accredited banks, disbursing funds, issuing receipts and monitoring of premium receivables of the branch.

MAJOR DUTIES AND RESPONSIBILITIES

Handle receipts and deposits of collections in accordance with the Accounting Manual and instruction from the Finance Department which includes :

1. Issuance and safekeeping of Official Receipts and Provisional Receipts and all accountable forms assigned to the Branch Office.
2. Deposits all collections – money, checks and drafts received by the office.
3. Keeps track of all premium receivables of the branch and ensures collection of the same within the allowable / approved credit term.
4. Safe keeps postdated checks and ensures that this are receipted and deposited on their due dates.

Disburse Company funds in accordance with the Finance and Accounting Manual and procedures. This includes :

1. Preparation of Petty Cash Vouchers, commission vouchers, disbursement and check vouchers and schedule of replenishment.
2. Proper fund management to ensure that all checks being released are duly funded and on time.

Maintenance of all accounting record, files and forms including preparation of all Accounting reports for submission to Finance. This includes :

1. Cash Position and Daily Collection Reports
2. Schedule of Bounced Checks
3. Weekly schedule of Reserved Official Receipts and Provisional Receipts issue.
4. Analysis of the branch premium receivables
5. Preparation of Statement of Account on premiums receivables
6. Inventory of Accountable forms and fixed assets.

1. Conducts daily cash money to ensure cash and checks on hand are intact.
2. Monitors and reports all deposit activity and reports any discrepancy noted to the Branch Manager and Accounting Department for proper review and reconciliation.
3. Acts as custodian of all company properties.
4. Maintains cleanliness and orderliness of the office and strict implementation of office decorum.
5. Signs policies and endorsements in the absence of the Branch Manager according to the authority given by Head Office.
6. Performs other duties as may be assigned by the immediate superior.