Title:  Branch Finance Associate -Iloilo

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Learn more: jti.com

Reporting to: Regional Finance Manager

Duty Post: DSO Iloilo

Application Duration: This job posting will remain open until the vacancy is filled. 

Branch Finance Associate

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.

As a Branch Finance Associate you will:

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

Achieve Critical Metrics and Ensure Compliance

Track and assess a range of important metrics to gauge branch performance, including QAR, CL utilization, SPAR, and other relevant factors.

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. Syncing 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

Analyzing the TSR exception report to assess the frequency and its relationship with TSR's performance in critical metrics.

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.

Are you ready to join us? Build your success story at JTI. Apply now!

Next Steps:

After applying, if selected, please anticipate the following within 1-3 weeks of the job posting closure: Phone screening with TA > Assessment tests > Interviews > Offer. Each step is eliminatory and may vary by role type.

At JTI, we strive to create a diverse and inclusive work environment. As an equal-opportunity employer, we welcome applicants from all backgrounds. We are committed to providing reasonable adjustments to applicants with special needs. If you require any accommodations, please let the Talent Advisor know during the selection process.