1. Monitors bank statements and forwards daily downloaded bank credits to the team for identification and receipting.
2. Ensures that all overseas remittances credited to the company’s account are duly accounted for.
3. Ensures that all collection reports from the banks are complete and timely received.
4. Ensures that all cross deposits are properly identified, receipted and transferred to the right depository account.
5. Checks End of Day Cash Receipts and reconciliation reports and ensures all supporting documents for audit trail are properly attached.
6. Checks and accounts all Official Receipts issued by ORem personnel on a daily basis and ensures timely OR transmittal to Records
7. Ensures that all unreceipted credits (URC) are duly uploaded in the system for proper monitoring.
8. Monitors resolution of unreceipted credits.
9. Monitors resolution of issues and ensures that all needed replies are sent out on a timely basis.
10. Ensures completion of receipting during Sales cut off.
11. Ensures timely submission of Management Reports for the Foreign Payments Section such as:
a. Daily Cash Receipts Register and End-of-Day Reconciliation Report (Accounting)
b. Cash Position Report (Treasury - Reports)
c. Summary of Unreceipted Collections (for internal monitoring)
d. Transaction per Payment Mode (Treasury - Reports)
e. Monthly Bank Reconciliation w/ confirmation from Accounting
f. Escrow Funding Investment Report (Treasury – Investments)
g. Deposit Reference Fees Reconciliation with BDO (Accounting)
h. Endorsement of Unreceipted Credits for forfeiture.
12. Ensures that all concerns, inquiries and complaints of buyers are promptly addressed in the Customer Request Monitoring System.
13. Handles phone and email inquiries related to overseas remittances.
14. Review OR/NVOAr for cancellation as applicable.
15. Recommends improvements on daily collection administration process.
16. Ensures that manpower complement can handle volume of transactions.
17. Performs other tasks and duties that may be assigned or required by the immediate head.
Good communication skills (verbal and written)
Knowledgeable in Microsoft Office and other software
Good interpersonal skills
Experience in handling collections is a must.
Relevant experience in a real estate company is a plus.
Experience in SAP is a plus.
Graduate of business course preferably Accounting or Banking and Finance
Position Title or Description of Experience Years
Supervisory experience in
Cash Operations ] > 3
Cash Management ]
General Accounting – Collections ]
She is in charge of the monitoring of all debit and credit transactions in the Company’s bank accounts. She ensures timely coordination of unreceipted credits with concerned departments and banks for immediate regularization.