Title:  Branch Finance Associate-Butuan

Job ID:  94302
Country:  Philippines
Professional area:  Accounting & Finance
Contract type:  Permanent
Professional level:  Graduates


We are JTI, Japan Tobacco International, and we are present in 130 countries. We have spent years innovating, creating new and better products for the consumers to choose from. This is our business. But not only. Our business is our people. Their talent. Their potential. We believe that when they are free to be themselves, and they are given the opportunity to grow, travel and develop, amazing things can happen.

That’s why our employees, from around the world, choose to be a part of JTI. It is why 80% of employees feel happy working at JTI. And why we’ve been awarded Global Top Employer status, ten years running

So when you’re ready to choose a career you’ll love, in a company you’ll love, feel free to #JoinTheIdea. 

Learn more: jti.com



Department: Finance

Reporting to: Branch Finance Supervisor


What this position is about:


  • The position is primarily responsible for the proactively collaborate with field partners by providing timely feedback/support specially related to branch operations.
  • Propose process improvements, implement approved projects, and or provide support/ lead cascades of new process, initiatives or policies.
  • Provide accurate and timely review, recording and reconciliation of branch transactions.
  • Drive and monitor compliance aligned with the company policies & procedures and establish accountabilities of branch personnel.
  • Validates accuracy and completeness of the customer’s transactions including customer master data.


What will you do:


Strategic Business Partnering / Cross Functional Collaboration

  •  Actively participate in commercial and consumer-focused branch activities and attending events that aim to achieve shared goals.
  •  Proactively engage in local CBU meetings to discuss team operation updates, concerns, challenges and opportunities
  •  Collaborate with field forces to ensure timely resolution and closure of team findings (e.g., AR overdue, SPAR,CLU etc.



 Branch Finance Operations

  •  Accurate and timely review, recording and reconciliation of branch transactions including but not limited to:
  •  Timely Check Clearing (as soon as reflected in Bank Statement)
  •  Daily REVO validation including monitoring of cashless payments
  •  Review and validation of CWT from customers
  •  100% route settlements by assigned PSRs per agreed RS schedule
  •  Creating CN/DN adjustments


Drive KPIs and Compliance

  •  Drive and analyze various KPIs portraying branch performance such as, but not limited to QAR, CL utilization, SPAR, etc.
  •  Responsible in ensuring that approved policies and procedures with designed controls are effectively implemented in assigned TSR/TER and proactively addresses any identified findings and observations reported by Internal Audit such as but not limited to:

                         • Undertake a daily/weekly route settlement
                         • Establishment of PSR accountabilities, reviewing PSR synching

  •  Drive credit management processes, in compliance with Credit Management policy, while ensuring credit limits are sufficient in achieving sales
  •  volume targets.
  •  Preserve the integrity and accuracy of data by validating and ensuring all supporting documents for customer changes, updates and approvals are saved in the digital platform.
  • Ensures compliance to existing statutory rules and regulations


Reporting, Fraud Detection and Analytics
 > Ensure that monthly closing activities are timely and accurately performed.
 > Perform transaction analysis by correlating and corroborating data from different reports and tools such as but not limited to:
 a. Data Analytics System (DAS), SPAR and PCV report
 b. Credit limit utilization based on average sales per month
 c. Synching report (e.g. late sync, gap from last call vs last time out/van sales)
 d. Multiple sales of outlets per week taking into consideration occasional fluctutations

 e. Review of TSR exception report by examining frequency and how it correlates with TSR's track record in achieving KPIs.

f. Validate outstanding accounts receivable by conducting on-site visits to customers, to ensure accuracy and rationale of overdue.

g. Provide reports and analytics to CBU partners as needed


Projects/Adhoc Tasks
 >  Projects including but not limited to conducting trainings to empower TSR/TER. Task that may be assigned by the line manager.


Who are we looking for:


  • Bachelor's degree in Finance, Accounting, Economics, or equivalent.
  • Minimum 3 years of experience, including 1 year in FMCG focusing on accounts receivables and credit management.
  • Proficiency in English & Tagalog; knowledge of local dialect is a plus.


Advantageous to have:

  • Familiarity with credit management policies and procedures.
  • Understanding of integrated systems (e.g., ERP).
  • Strong communication and analytical skills.
  • Exceptional accuracy and attention to detail.
  • Advanced MS Excel proficiency (Functions/Formula).
  • Demonstrated flexibility, proactivity, and organizational skills.


What are the next steps

Thank you for applying! We will make sure to provide you feedback within the next two weeks.



20 Jun 2024

Job Segment: Accounts Receivable, Internal Audit, ERP, Financial, Banking, Finance, Technology