[ref. c83998301] Accounts Receivable Associate

Job Qualifications:

• Candidate must possess at least a Bachelor's/College Degree, Accounting, Management Accounting or Business Administration or equivalent.
• With at least more than 2 years of working experience in Accounts Receivables and Credit and collection.
• Must have experience using SAP and with understanding of accounting and finance process in allocating payments and clearing subsidiary ledgers . General Ledger accounts
• Has good analytical skills
• Good presentation skills and knowledgeable with Microsoft-office tools
• Should have good communication (both written and oral)
• Must be amenable to work on Saturdays and Holidays and rendering overtime.
• Must be living/near Pasig City

Job Descriptions:

1. Daily Posting & Clearing:

• Accurately post and clear all types of payments (checks, online payments, plant collections) and Certificate of Withholding Tax (CWT) received in SAP.
• Post and replenish credit/debit memo payments in the Fleet system.

1. Check Handling:

• Receive dated and post-dated checks (PDCs) from plant warehouses, 3rd party collectors, and in-house collectors.

1. Reporting & Documentation:

• Prepare transmittal reports and submit them to Treasury for validation and reference.
• Maintain and update records for returned or bounced checks.
• File and organize all relevant documents needed for audit (e.g., CM, DM, bounced/returned checks, reversals, transmittals, TOC, clearing forms).

1. Account Reconciliation & Adjustments:

• Post and clear accounts in SAP; create manual entries for adjustments as needed.
• Assist collection staff with account reconciliations and payment application details.
• Notify the collection team or immediate supervisor of any payment discrepancies or variances.

1. Bank Reconciliation & CWT Monitoring:

• Conduct monthly bank reconciliation related to accounts receivable.
• Receive CWTs from various sources (plant, collectors, associates) and monitor CWT collections monthly.
• Reconcile CWT received with downloaded data and submit supporting documents to accounting for filing.

1. Month-End Closing Support:

• Support and participate in month-end closing processes related to accounts receivable to ensure accurate financial reporting.