Job Summary
Responsible for ensuring the accuracy and integrity of financial records, critical to maintaining financial accuracy and compliance. This role involves identifying discrepancies, investigating and resolving variances, and ensuring timely and accurate reconciliation of accounts. Additionally, aid in the preparation of financial reports, along with collaborating with various departments in UM to ensure seamless financial operations.
The Day-To-Day Activities
- Perform weekly and monthly bank reconciliations to ensure financial accuracy and compliance; communicate with banks regarding discrepancies or accounts issues.
- Review and reconcile collections from mass market channels and dealers weekly; follow up to resolve any issues/variances arising.
- Supervise the preparation, maintenance and review of balance sheet schedules relating to Banks/Collection/Postpaid Subscribers, ensuring accuracy, completeness and timely reconciliation; proactively resolve discrepancies and strengthen control processes.
- Review and approve Stock Demand Orders (“SDOs”) from business partners.
- Act as custodian for CIMB Virtual Bank Accounts.
- Support and coordinate internal/external audit, tax and other statutory/regulatory activities with regards to bank and collection.
- Champion continuous improvement and automation initiatives, identifying opportunities to enhance reporting efficiency, strengthen controls, and improve data accuracy for bank and collection processes.
- Provide support and training to teammates on reconciliation tasks
- Respond to inquiries and support other departments regarding bank transactions and reconciliations.
- Support upon request, ad-hoc activities that are related to bank, postpaid subscriber deposits and postpaid subscriber accounts receivables.