Billing & Collection Assistant

4 weeks ago


Makati, Philippines Torre Lorenzo Development Corporation Full time

Duties and Responsibilities Prepare the Billing/ Statement of Account for Tenants on a monthly basis in a timely manner and ensure that this is received by the concerned tenant Posting of collection from Cash Position to the Collection Report and buyer’s ledger on a weekly basis. Requests the Billing & Collection Manager to check the correctness of each SOA and approves the same. Monitors the payments made by all tenants on their rental, water, power and security services billings and makes a follow up on the unpaid/overdue accounts. Keep track of unpaid/overdue accounts and follow up collections for unsettled accounts. Prepares and submits a Weekly Collection Report, Collection Efficiency and AR Aging Schedule of rental, water, power and security services receivables. Requests the Billing & Collection Manager to review the Collection Report, Collection Efficiency and AR Aging, including its status before a copy is furnished to the concerned departments Perform account reconciliations and payment coordination Monitors the submission by all tenants of BIR Form 2307 representing withholding tax deducted from their rental, water, power and security services payments Prepares Demand Letter to buyers who have been delinquent in the payment of their accounts based on the lease contract. Computes the penalty for the late payment of the buyer and reflects this amount in the next SOA and the Buyer’s Ledger. Answers any query from tenants regarding their monthly dues (rental, water, power and security services billings). Analyze and update records (Subsidiary ledger) of receivables for the account of each units. Post billing/ SOA by encoding the data into the system accounting system. Keeps an orderly file a copy of the rental, water, power, and security services billing statements acknowledged by the tenants Maintain systematic and complete record of Lessees 201 files. Prepares projected cash collection per tenant Others Provide inputs towards the improvement of billing and collections through system enhancements and process improvements. Performs other tasks that maybe assigned by the immediate superior from time to time. #J-18808-Ljbffr



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