Accounts Receivable Specialist keeps the system running smoothly by managing cash influx and collecting payment from clients, will have both a day-to-day and ongoing impact on financial transactions, keeping us on track, on time, and on good terms with our valued partners. Generate revenue for the companies by ensuring that clients are properly billed for goods and services.
Key Result Area/Duties & Responsibilities
Accounts Receivable Function
- Preparation of invoices/SOA and statements to be promptly sent to clients and ensures that gathered data is correct, accurate and reliable.
Semi-Monthly billing processes for all billing functions for the company. These include: Audit, review of monthly fee roll process and timely sending of franchisee statements on the 15th & 30 of the month.- Review delinquency on the 10 of the following month and email notices to all delinquent franchisees. After the 10th of the month, any delinquent franchisees are forwarded to Finance manager for direct and escalated collection.
Assist with inquiries from debtors in relation to money received, as well as the accurate and secure banking of monies.
- A/R journal control and reconciliation.
Posts customer payments by recording cash, checks, and credit card transactions.- Posts revenues by verifying and entering transactions form local deposits.
Updates receivables by totaling unpaid invoices.
- Follow-up payment of past due invoices and obtain details of payments from customers.
Maintains records of invoices, debits, and credits.- Verifies validity of account discrepancies by obtaining and investigating information from sales, trade promotions, customer service departments, and from customers.
Resolves valid or authorized deductions by entering adjusting entries.
- Resolves invalid or unauthorized deductions by following pending deductions procedures.
Resolves collections by examining customer payment plans, payment history, credit line; coordinating contact with collections department.- Summarizes receivables by maintaining invoice accounts, coordinating monthly transfer to accounts receivable account and verifying totals.
Preparing aging report monthly
- Prepare analytical and ratio analyses relevant to A/R so management can gain a better understanding of how collection efforts are progressing
Perform other duties may assigned from time to time.- Does Cognito updates such as new products, new branches, and company forms.
Other IT assistance fixing of internet, CCTV arrangement and checking, TV set-up and checking, and other quick IT tasks.
Job Type: Full-time
Pay: Php20,
- 00 - Php25,000.00 per month
Benefits: - Company events
Employee discount
Schedule: Monday to Friday
Supplemental Pay:
Overtime pay
Education:Experience:
Accounting Staff: 1 year (Preferred)
