LOAN RECEIVABLE OFFICER

KEY ACCOUNTABILITIES

SUPPORTING INFORMATION

a. Loan-Related

• Should build his/her own loans receivable report and reconcile it with the loans receivable report from IT (from email which is automatically send on a monthly basis, and in Power Bi report), and reconciliation reports from the payment officer. This includes the report for force closed/written off accounts (whether manually force closed or set by IT team in the BPM) using excel tools.

• Accounts and checks loan issuances, repayments, account based on the reports from payment & collection channels and loan management system, and reconciliation reports of the payment officer.

• Checks and monitors refund payable to clients

• Checks and monitors write off/force closed accounts of clients

• Collaborate with ITs and other departments for any movements related to clients’ loans receivable accounts in BPM (loan issuances, repayments, force closed, write off, promotions, new loan products)

• Collaborate with accounting for month-end reports (reconciliation of loans receivable balances per FS and IT report). Ensures that the account balances are reconciled for FS reporting.

• Prepares aging of receivables report and monitors the accounts that are past due.

• Handles provision and write off of bad debts based on aging of receivables report and set policies for write off (based also on the loan portfolio performance from collection team)

• Assistance in preparation of financial reports

• Prepares necessary additional schedules and reports as requested by the finance hierarchy with utmost accuracy and adherence to set timelines. b. Others

• Takes on other duties and responsibilities that may be assigned from time to time and in the absence of payment and accounting officers.

Education

• Graduate of Accountancy or any finance-related course;

Experience

• Preferably with 3-4 years and up experience specializing in Finance/General Accounting or equivalent

• Knowledge or experience in any accounting system, loan management system, an advantage

• Proficiency in handling/processing/analyzing high volume of financial data and has demonstrated keen attention to details

• Displays good communication skills and has experience working with different and multi-level groups • Proficient in MS Office, with advanced excel skills

COMPETENCY REQUIREMENTS

Core

• Job Knowledge • Exhibits mastery in all aspects of his or her work through understanding of how to perform regular work assignments as well as how those assignments relate to other areas.

• Continuously seeks to develop his or her professional competence.

• Teamwork and Collaboration

• Has cordial relationships and works well with others to achieve common goals and positive results.

• Regularly communicates and coordinates with other departments to ensure smooth workflow. Responds to others when asked, providing additional support as needed.

• Professionalism and Accountability

• Puts the company’s interests ahead of his/her own. Makes the best use of his/her time on the job.

• Regularly follows through on commitments made to others. Accepts responsibility for outcomes (positive or negative) of one’s work; admits mistakes and refocuses efforts when appropriate.

• Exhibits conscientiousness on the job. Reports to work consistently on designated days and times; uses sick and vacation leaves judiciously, ensuring that the work and deliverables do not suffer because of his or her absence.

• Ethics & Integrity

• Demonstrates behaviors consistent with the organization’s values; is reliable and does what he or she says; is honest in dealing with others. • Uses applicable professional standards and established procedures/ policies when taking action and making decisions.

• Communication

• Displays the ability to interact well with others especially in managing interpersonal dynamics

 Listens to others and communicates in an effective manner that leads to effective decision-making and problem-solving

Job Level

• Adaptability and Flexibility

• Adapts to changing business needs, conditions, and work responsibilities; welcomes new developments.

• Adjusts own behaviors to work efficiently and effectively in light of the changes.

• Initiative and Resourcefulness

• Anticipates what is necessary to accomplish work and take steps on his/her own to successfully accomplish work and resolve problems even amidst constraints.

• Where possible, suggests and/or tries new ways of doing things. • Service Orientation

• Goes out of his/her way to serve the needs of internal or external clients. Maintains a positive “can-do” attitude. Drives issues to closure and obtains results without compromising on quality and processes.

• Exhibits a good mix of having the right attitude and job competencies.