DESCRIPTION
Malayan Savings Bank (formerly Malayan) came from the vision of Atty. Augusto Martirez, MSB’s founder. A famed lawyer and businessman, Atty. Martirez's success only inspired him to help society in more meaningful ways. Thus, after putting up a real estate company, pawnshop, and non-life insurance firm, Atty. Martirez and his colleague and friend Menardo Jimenez put up Malayan Savings Bank on July 1, 1996, with a modest capital of P100 million. The founding shareholders of the bank are GMA Network, Inc., Majalco Inc., Liberty Flour Mills, and G.A. Yupangco.
Emboldened by the goal to provide financial means for middle and lower-income Filipinos through accessible banking instruments, MSB has since served customers by helping them achieve their personal and business goals. MSB is one of the top savings banks in the country and remains a trusted partner of individual customers as well as small and medium enterprises (SMEs).
On its 25th year, MSB continues to live by the ideals of Atty. Martirez in consistently adapting and evolving to provide quality service and experience to its customers. MSB is committed to providing practical and accessible financial products to Filipinos with a genuine heart for service.
The Accounting Head will be responsible for the preparation and maintenance of reliable accounting financial information and accomplishment of financial report requirements to Bangko Sentral ng Pilipinas and other regulatory agencies. These includes:
Ensures accurate posting of accounting entries to the General Ledger system
Properly implements BSP Circulars and Memoranda regarding reports
Checks Consolidated Daily Report of Condition ( CDRC ) submitted to BSP
Check reports, accounting entries for Accounting and Distributing, Balance Sheet, and Income Statement submitted by the branches
Prepares monthly comparative reports (e.g. Balance Sheet, Income Statement, and Deposit Liabilities by branches)
Prepares reconciliation of Due To/From Head Office and Branches
Prepares the quarterly reports to BSP and PDIC
Prepares accurate and prompt payment of insurance to PDIC
Prepares accurate tax returns and ensures prompt payments ( BIR Form 1602 & 1702 Q)
Computes and prepares accounting entries for provision for income tax
Computes annual Supervision and Examination Fee to BSP
Monitors timely and accurate submission of reports to BSP
Coordinates with related departments and branches regarding mis posting of accounts
Prepares schedules and reports required by BSP examiners, Bureau of Internal Revenue, Internal and External Auditors
Undertakes corrective action on auditor's comments and recommendations
May perform other duties within the department as may be required
QUALIFICATIONS
Must be a Bachelor's degree holder in Accountancy
Must be a Certified Public Accountant (CPA)
With at least 5-7 years in the same capacity, preferably gained from a financial institution
Amenable to work on-site in Makati City
APPLICATION PROCESS
Please send your latest curriculum vitae to the HR Office at staffing@malayanbank.com.ph.
For inquiries, please send an email to the HR Officer, Ms. Patricia Marinela N. Tadeo at pntadeo@malayanbank.com.ph.