Accounting SR Officer for Insurance Broker Industry/35-40k/Makati

JOB SPECIFICATIONS
A. Education
Graduate of a business-related course
B. Experience
2 – 3 years of experience in Accounting or in a similar or subordinate job.
C. Special skill
1. Accountancy
2. Average proficiency in MS Office Applications (Word, Excel, and PowerPoint).
D. Others
1. Organizational skill
2. Average proficiency in spoken and written English.
3. Experience in insurance industry is an advantage

RESPONSIBILITIES
Daily
1. Collate all projected collectible commissions based on premiums paid
2. Prepare daily transactions – check payments, bank recon, cash position, etc.
3. Monitor closely accounts receivable and payables
4. Other general bookkeeping / accounting functions, including maintenance of
general ledger
Weekly
1. Prepare cash position
2. Prepare payables for the week, projection for commissions due for the week
Semi-monthly
1. Payroll
2. SSS, Philhealth, Pag-ibig contributions / loan amortization, BIR (VAT and
withholding tax)
3. Bring to the attention of management, finance issues and concerns that need
immediate attention or inform management of admin issues that are of major
concern
4. Suggest and / or recommend any action plan for any encountered incident
report on finances
Monthly / Quarterly / Annually
1. Prepare financial statements for the month/ quarter/ year, comparative to
previous month, compared to previous year
2. Summary of accounts receivables as of month/ quarter/ year end
3. Summary of accounts payables as of month/ quarter/ year end
4. And other reports that maybe required by the president
5. Financial Statements (FS) monthly emailed to management
-income from January to current month vs. expense for the same period
-income to be divided in 3 categories (new business, renewals, inclusions)
6. Preparation of yearly budget (draft should be submitted midyear)
7. Listing of all advances from Broker 2
8. Submission on Peachtree and all potential reports that it can generate
9. List all lapsed accounts
10. Submit target goals in terms of finance figures
11. Submit projections (monthly) – income and expense
12. Familiarize all tasks of your subordinates.
13. Act as team leader of the department.
14. Ensure that you can take on and accomplish all the tasks and duties of your
subordinates when the need arises.
15. Support, train and guide your subordinates to improve their work practices and
output
16. Other work related task that may assigned from time to time.

CHAIRMAN PERSONAL ACCOUNTING
1. Monitoring of RAR & GHR credit cards indicating: (Bpi Express Credit Card, Citibank
Premier Miles, EZpay,Eastwest bank,BDO Peso & Dollar, HSBC, RCBC & Go Mastercard).
a) how much is the total outstanding balance
b) how much is the minimum payment
c) how much was previously paid-(last month)
d) date when it was paid
e) how much is the remaining balance.
f) Analyze the amount charged to the credit cards. If for office expenses, these will be
reimbursed to him & deposit to his current account.
g) Go Mastercard and BDO VISA (USD) & others-Analyze the travel premiums
charged
against his credit card if these are already collected and deposited to Broker 2-peso
amount & to our Dollar account for the Dollar collection. Upon receipt of the billing,
all the deposit slips, bank statements for the deposit and other supporting
documents will be attached to the billing, and prepare the check voucher with the
corresponding checks for approval. Payment to the bank will follow.
2.Handling, Managing of RAR and GHR Finances on a daily basis
a. ATM withdrawals
b. Funds transfer with the approved request from RAR to GHR account as indicated in
her request.
c. Deposits, reimbursements, fund transfers, advances
d. Payables for the month-credit cards, loans, Utilities & etc.
e. Summary of outstanding checks.
3. To ensure that there are enough funds in the bank account before the issuance of
checks.
a) Call the bank to get the bank balances.
b) Update and reflect all the transactions for the day in the cash position report and
email to the same to DHR & RAR.
4. Manage Finances of RAR to ensure that all Bills are paid accordingly, discuss with him
once necessary to cut short expenses to avoid additional charges.
5. Prepare Comparative reports of RAR and GHR Expenses from Credit Cards
6. Handle concerns from their Credit Cards and other bills such as PLDT, Cable and any
concern that will arise.
7. Handle payments for Family trips whether abroad or locally.
8. Assist RAR of any concerns arising from his Organizations namely, Triple I Society,
Ateneo Alumni Assoc. and Blue Eagle Foundation.
9. Monthly updating of Sales Revenue of two (2) Sales Officers AZB and GPH for their
Monthly Incentive Program.
a. Input commission amount, OR date and payment habit of each account.
b. Prepare a breakdown for each Sales officer of they meet the quota.
Client and Principal Insurer Relations
1. Receive and process all incoming calls;
2. Receive and promptly act on clients’ and principal insurers’ concerns in general
and on matters pertaining to new business in particular.
Records Keeping and Reports
1. Organize and orderly keep records of all FS required by IC and keep in secured
area
2. Organize and orderly keep records of all other pertinent finance documents and
keep in secured area

III. RELATIONSHPS
A. Reporting
1. Reports directly to the President
2. Report indirectly to the Chairman, Vice President of Admin / HR & Sales
B. Subordinates
Accountant
Bookkeeper
C. Coordinates
1. INTERNALLY with Staff within
a. New Business Unit
b. Claims Unit
c. Documents Receiving and Releasing
d. Collector/Messenger
2. EXTERNALLY with
a. BPI Polaris Branch
b. Insurance Commission
c. Auditors