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Essay On Trial Ledger

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Last year all of Scotia Jamaica Life Insurance Company Bank reconciliation were automated and transferred to the Processing Support Center - Reconciliations Unit. As the Finance department we have a responsibility and oversight for the operating bank accounts and the General Ledger. I am the responsible officer in this role as at July this year.
Currently I liaison with the Client Services Department and PSC in an effort to address the items to be reconciled in a timely manner. The necessary investigation was carried out to address critical issues and the respective departments were notified.
Since this is a new role I will continue to work on a strategy to incorporate this function in my daily duties.
On a daily basis the entries are …show more content…

They are updated in a timely manner so that all the user will have the information they need for their respective reports.
All Reporting requests addresses when they are made. If there is there are any challenge I will wok with the persons until the request is fulfilled. I prepared the General Ledger Analysis Reports for Scotia Insurance, Scotia Bridge and Affirm yearend 2016 before due date.
The Consultation General Ledger Analysis Reports prepared and sent to the Senior Manager – Finance and Comptroller as needed.

Provided the Snr. Financial Analyst - Insurance with the Data for the ScotiaBRIDGE and Affirm Board Report. Investigate and resolve critical issues with ScotiaBRIDGE Quarterly Financial reports.
Resolve Issues with Accounting detail on SJLIC, ScotiaBRIDGE and Affirm transit as needed.
Due to the sensitive nature of both unitized product I ensure that I pay keen attention to these activities because all errors will affect the values immediately and have other implications.
The ScotiaBRIDGE and the Affirm daily Unit Price preparation is a highly manual process with data from several systems.
Both unit values are prepared and submitted before or by 9:00am daily with 1 error recorded for the period for Scotia Bridge and none for Affirm.
To reduce error and other issues the excel files are password protected and formulas are

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