Accounting Controls Officer

Accounting Controls Officer owns end-to-end FinOps reconciliation and settlement control across core cash positions, payment rails, cards, deposits, and loans. Ensures transaction completeness, accurate postings, exception clearance within SLA, and audit-ready documentation—covering InstaPay and PesoNet as key reconciliation rails.

Primary Coverage (Reconciliation Ownership)

1. Due from BSP – DDA (cash position, end-day balance, settlement funding)

2. Mastercard transactions (settlement, fees, adjustments/chargebacks where applicable)

3. Deposit Liabilities (sub-ledger vs GL integrity, customer balance movements)

4. Loans Receivable (disbursements, repayments, accruals vs GL)

Plus Payment Rails: InstaPay and PesoNet transactions (inbound/outbound transfers, returns, reversals, rejects)

5. Performs other duties as assigned.

Key Responsibilities:

• Run daily/periodic reconciliation + settlement controls for BSP DDA and payment rails (InstaPay/PesoNet), validating:

• File/report completeness (all expected settlement/clearing files received)

• Posting completeness (all transactions reflected in core system/sub-ledger/GL)

• Cut-off correctness (end-of-day vs next-day postings, timing differences)

• Perform end-to-end exception lifecycle management: log breaks, investigate root cause, drive cross-team resolution, and enforce aging SLAs.

• Reconcile InstaPay/PesoNet transactions between: clearing/rail reports, bank/BSP statements (as applicable), core system transactions, and GL accounts.

• Monitor and control unreconciled/suspense/clearing accounts related to payment rails, ensuring timely clearance and proper classification.

• Validate settlement-related accounting: fees, reversals, rejects, returns, chargebacks/adjustments (where applicable), and operational entries.

• Coordinate break resolution with Treasury, Payments Ops, IT/Core Banking, Customer Support, Risk/Compliance, and Accounting.

• Produce FinOps dashboards: break aging, daily settlement health, top recurring break drivers, SLA attainment, operational risk indicators.

• Maintain audit-ready recon packs: evidence, sign-offs, incident narratives, and control attestations (maker-checker, access hygiene).

• Drive continuous improvement: matching rules, automation, standardized templates/SOPs, and root-cause elimination.

Qualifications:

• 2–5+ years in FinOps, payments operations, settlements, bank ops, reconciliations, or accounting ops.

• Strong Excel/Sheets; comfortable with large datasets and exception investigation.

• Control-minded with strong documentation discipline.