Senior Accountant

3 weeks ago


Muntinlupa, Philippines eClerx Full time

Senior Accountant - Allowance for Bad Debts / Doubtful Accounts & CECL Forecasting

eClerx Muntinlupa City, National Capital Region, Philippines

This individual will be a self-starter with strong accounting acumen and experience in reserves, forecasting, and process improvement. The role is central to developing and implementing a new Bad Debt Reserve Policy, building forecasting and KPI frameworks, and preparing for future compliance, as applicable, with the CECL (Current Expected Credit Loss) standard. There will be other automation and optimization projects in the accounting arenas as well (OTC and PTP pillars).

Key Responsibilities
  • Oversee preparation and accuracy of monthly/quarterly bad debt expense and allowance entries.
  • Enhance accountability by ensuring branch-level tracking and reporting of allowances and write-offs.
  • Compile AR schedule(s) used for MMA reporting on a monthly basis.
  • Transition from Excel-based summary calculations to more robust system-driven reporting in JDE or billing systems (i.e. Mission / iRIS / PestPac).
Policy Development & Implementation
  • Partner with leadership to finalize and implement the new Bad Debt Reserve Policy in Q1 2026, ensuring no SOX gaps in FY25.
  • Support development of a complementary credit policy (as needed) for high-risk customers.
  • Ensure policy improvements are designed to avoid unintended P&L swings.
Forecasting & CECL Preparation
  • Build and maintain forward-looking allowance forecasts using reasonable and supportable inputs.
  • Incorporate macroeconomic, borrower-specific, and portfolio-level factors consistent with ASC 326-20 (CECL).
  • Develop scenario analyses (baseline, adverse, optimistic) and assist with back-testing and validation.
  • Serve as internal subject matter support as the company matures toward CECL compliance.
Credit Policy & Oversight
  • Assist the VP of Transactions in the development and implementation of a comprehensive customer credit policy, including approval thresholds, risk-rating criteria, and escalation procedures for high-risk accounts.
  • Track and monitor credit extended to poor-credit or high-risk customers, ensuring proactive oversight and timely corrective actions.
  • Establish and monitor KPIs related to customer credit performance, such as overdue account percentages, write-off rates by credit tier, and compliance with credit policy at the branch level.
  • Collaborate with Branch Operations and Finance leadership to align credit practices with the company’s bad debt reserve methodology and CECL readiness.
  • Provide clear reporting and insights to Branch, Accounting and Executive leadership on credit exposure, customer payment trends, and policy compliance.
KPI Development & Analytics
  • Design and implement a suite of KPIs to measure bad debt performance, reserve adequacy, branch accountability, and forecast accuracy.
  • Expand separate residential and commercial bad debt analytics to enhance insights and operational oversight.
  • Provide management with timely, data-driven reporting on branch and market-level performance.
Process Improvement & Automation
  • Lead initiatives to streamline allowance calculations, increase automation, and reduce manual dependencies.
  • Partner with IT/Finance to embed automation tools and improve reporting visibility.
  • Drive continuous improvement projects, as required, to simplify methodology while enhancing transparency.
  • Act as a key liaison with Branch Operations, Finance, and Corporate Accounting to improve accountability and decision-making.
  • Communicate complex accounting and forecasting results clearly to both finance and non-finance stakeholders.
  • Provide training and guidance to local/offshore teams as the process matures.
Qualifications & Skills
  • Minimum 5–7 years of accounting/finance experience, specifically in Bad Debt Expense (BDE) and Allowance for Doubtful Accounts process .
  • Prior experience in creating Bad Debt Reserve Policy .
  • Strong technical knowledge of GAAP, reserves, and allowance for doubtful accounts.
  • Familiarity with CECL concepts (ASC 326-20) and lifetime loss forecasting preferred.
  • CPA preferred but not required
  • Big 4 or audit background a plus.
  • Demonstrated experience with forecasting, KPI development, and financial modeling.
  • Proven ability to lead process improvement and automation initiatives.
  • Excellent communication and collaboration skills; ability to work across geographies and with senior leadership.
  • Hands-on, detail-oriented, and comfortable managing both routine accounting and strategic initiatives.
  • Amenable to work fixed night shift/US hours including holidays and overtime
  • Amenable to work in Alabang, Muntinlupa City once required to RTO
Seniority level
  • Associate
Employment type
  • Full-time
Job function
  • Accounting/Auditing and Finance
Industries
  • Accounting, Outsourcing and Offshoring Consulting, and Financial Services

Note: This refined description focuses on the core responsibilities and qualifications for the Senior Accountant role related to Bad Debts, CECL forecasting, and related policy development. All nonessential, posting-specific or extraneous content has been omitted to improve clarity and readability.

#J-18808-Ljbffr

  • Muntinlupa, Philippines eClerx Full time

    Overview The Senior Accounting Manager (RTR) is responsible for managing the day-to-day operations of accounting and will assist in developing controls, SLAs, and KPIs. Responsibilities Stabilization of newly transitioned processes Oversee day-to-day operations Implementation of established controls and KPIs. Will assist in enhancing as required. Second...


  • Muntinlupa, Philippines Firsttierbrands Full time

    Account Manager / Senior Account Manager We are a communications agency specializing in PR, influencer marketing, experiential campaigns, and digital strategy. We’re looking for a passionate and driven Account Manager or Senior Account Manager to lead client relationships and deliver standout campaigns. Location: Alabang | Full-Time | Agency Experience...


  • Muntinlupa, Philippines First Tier Brands Full time

    We are a communications agency specializing in PR, influencer marketing, experiential campaigns, and digital strategy. We're looking for a passionate and driven Account Manager or Senior Account Manager to lead client relationships and deliver standout campaigns. Responsibilities Manage PR accounts and cross-functional marketing projects Develop and execute...


  • Muntinlupa, Philippines Nezda Global Full time

    Recruitment Supervisor at Nezda Technologies Inc. Schedule: Night Shift Work Set-up: On Site Employment Type: Full Time and Direct Hire About the Role We are seeking an experienced Senior Manager – Sales Account to lead and grow a key client account within our BPO operations. The ideal candidate has a strong background in sales program management , client...


  • Muntinlupa, Philippines Allegro MicroSystems, LLC Full time

    Senior Manager, Accounts Receivable page is loaded## Senior Manager, Accounts Receivablelocations: Alabang, Muntinlupa City, Philippinestime type: Full timeposted on: Posted Todaytime left to apply: End Date: November 30, 2025 (30+ days left to apply)job requisition id: R5835The Allegro team is united by a clear purpose—advancing technologies that make the...


  • Muntinlupa, Philippines Allegro MicroSystems, LLC Full time

    Senior Accountant, Payable page is loaded## Senior Accountant, Payablelocations: Alabang, Muntinlupa City, Philippinestime type: Full timeposted on: Posted Yesterdayjob requisition id: R5780The Allegro team is united by a clear purpose—advancing technologies that make the world safer, more efficient, and more sustainable. With over 30 years of experience...


  • Muntinlupa, Philippines Allegro MicroSystems Full time

    The Allegro team is united by a clear purpose—advancing technologies that make the world safer, more efficient, and more sustainable. With over 30 years of experience in semiconductor innovation, we bring that purpose to life across every part of the business—from breakthrough product development and customer success to how we show up for each other and...

  • FR Senior Accountant

    2 hours ago


    Muntinlupa, Philippines The Citco Group Limited Full time

    FR Senior Accountant - Alabang / Makati at The Citco Group Limited JOB DESCRIPTION: The market leader. The premier provider. The best in the business. At Citco, we’ve been the front-runner in our field since our incorporation in 1948. This pioneering spirit guides Citco as we innovate and expand across asset classes and geographies, serving hedge funds,...


  • Muntinlupa, Philippines PNC Garnet Property Holdings Corp. Full time

    On-site - Muntinlupa 3-5 Yrs Exp Bachelor Full-time Share Job Description Ensures the integrity of accounting information by recording, verifying, consolidating, and entering transactions. Prepares and records asset, liability, revenue, and expenses entries by compiling and analyzing account information. Maintains and balances subsidiary accounts by...


  • Muntinlupa, Philippines Allegro MicroSystems, LLC Full time

    U.S. General Ledger Senior Accountant page is loaded## U.S. General Ledger Senior Accountantlocations: Alabang, Muntinlupa City, Philippinestime type: Full timeposted on: Posted 8 Days Agojob requisition id: R5839The Allegro team is united by a clear purpose—advancing technologies that make the world safer, more efficient, and more sustainable. With over...