Accounting Associate – Controllership

About East West Bank

EastWest Bank, established in 1994, is one of the fastest-growing banks in the country today. It caters to the financial needs of consumers, middle market corporates, and the mass affluent. Through its vast network of stores nationwide, it offers a wide range of banking products and services, as well as allied financial services: non-life insurance brokerage, bancassurance, and leasing.

Your role

The position plays a vital role in carrying out the Controllership requirements which include Financial Accounting & Reporting and Reconciliation. The position is responsible for following Standard (Accounting) Operations Procedures and ensuring the accuracy and timeliness of reports prepared or generated.

Training, development & rotations

In 2021, East West Bank delivered close to 300,000 hours of training, which was 24% higher than in 2020 as a result of the Work-from-Home arrangement that favored virtual learning. In addition, they continue to support the training programs of our management and senior staff. In 2021, 26 Division Heads in Retail Banking Group and various HR People Managers underwent training on 21st-Century Leadership, Coaching for Growth with a focus on performance, and another on Career Development.

Training on giving and receiving feedback using the OILS model (Observation, Impact, Listening, Suggestion) plus Team Management was also conducted. The “7 Steps of McKinsey Problem Solving” was also given to various HR Managers and team leads, including self-discovery sessions to heighten self-awareness and awareness of one’s impact on others as one works together as a team.

Compensation & benefits

East West Bank full-time employees receive competitive salaries and benefits packages. The lowest salary in the Bank is 7% higher than the statutory minimum wage in NCR, 30% higher in Region VII (Cebu), and 31% higher in Region X (Davao). Among the benefits they provide are the following:

• Medical care coverage, group life, and accident insurance.
• Retirement benefits.
• Paid leaves for vacation, illness, maternity/paternity, solo parent, emergency, birthday, and other leaves.
• Housing, car, and salary loans.
• Funeral assistance.
• Rice and medicine allowance.

They also offer performance-related rewards, such as merit increases and profit sharing, linked to the results of the annual performance evaluation per employee.

Career progression

The bank aggressively expanded nationwide and improved its systems between 2012 to 2015, becoming one of the fastest-growing banks in the Philippines. It was able to raise Php 8 billion in additional common equity tier-1 capital through a stock rights offer, improved its core banking system, and ventured into bancassurance and insurance brokerage. EastWest Insurance Brokerage, Inc., its wholly-owned subsidiary, began its operations in 2015. 

Company culture

EastWest’s ethical culture is supported by an environment where concerns can be raised without fear of retaliation. It provides various means for raising concerns, including the ability to report them on an anonymous basis. All reports are investigated, and breaches of the Code of Discipline and Ethics are dealt with swiftly and decisively.

About you

• Candidate must possess at least a Bachelor's/College Degree, Finance/Accountancy/Banking or equivalent.
• Required skill(s): accounting, treasury accounting, consumer loans accounting, financial management
• With accounting experience gained from the banking industry.

How to apply

To apply for this position, simply click the “Apply” button on this page.

The recruitment process varies from role to role, but applicants may expect online examinations or on-site timed written examinations (English, math, logic, and abstract reasoning), and a series of one-on-one or panel interviews with HR representatives, department managers, and/or regional directors. Insiders often described the interview process to be 'easy' and 'straightforward'. The process may take one day to two weeks. 

Source/s: 

• eastwestbanker.com
• ph. prospel.com
• indeed.ph.com