Credit and Receivable Assistant

1 week ago


Pasig, National Capital Region, Philippines Brenton International Venture Manufacturing Corporation Full time ₱250,000 - ₱600,000 per year

The Credit Analyst is responsible for providing assistance in monitoring of Account Receivables as well as in payment collection efforts, in coordination with the Sales Division.

Qualifications:

  • Graduate of any related Finance/Business Mgt. Course
  • Familiarity with credit policies, strategies, and procedures
  • Skilled in Microsoft office applications
  • Knowledgeable in handling Accounts Receivables
  • Good Communication skills
  • Good problem-solving skills

Principal Accountabilities:

CREDIT MANAGEMENT

  • Register, amend, and keep Masterfile of the account in SANDI and in file.
  • Checking the correctness of details of 2307 Certificate and post it to SANDI and transmit to Tax Accountant.
  • Prepares credit line endorsement for approval/disapproval of credit line requests to be recommended by the Credit Manager and to be approved by approving authority based on current approval matrix.
  • Recommend possible payment arrangement of the account. Prepare summary of balances with computed interest and endorse it to Credit Sr. Supervisor.
  • Endorse to management appropriate credit decisions on whether to approve, deny or defer credit line requests.
  • Prepares implementation memorandum for approved credit lines and ensures its proper distribution to all businesses and departments concerned.
  • Prepares and sends correspondences and official letters to customers regarding the approval, or disapproval, of credit line requests and its attendant terms and conditions.
  • Whenever necessary, conducts special studies and relevant industry reports, particularly of key accounts and big-volume customers. Compiles and maintains industry data for correlation with specific customer requirements. (news clippings, comparative data of competitors, etc.)
  • Coordinates with banks, financial institutions and insurance companies regarding the documentary stipulations of Bank Guarantees, Letters of Credit, Cash Bonds, etc.

ADMINISTRATIVE SUPPORT

  • Collates all Customer Information Sheet and Credit Application forms of customers requesting for credit facilities as endorsed by Sales.
  • Ensures completeness of the forms submitted and endorse to the Credit Manager for referral to the Legal Department.
  • Prepares Real Estate Mortgage (REM) documents and ensures that mortgage registrations are properly annotated with the required supporting documents.
  • Creating Rebate Voucher for cluster/dealer rebates. Checking the Plant's AR and 2306 monitoring file as basis for the issuance/hold rebates and monitoring of issued/hold rebates.
  • AUTVC AR (Petron, Isla and Phoenix). Recording of sales, payments and withholding tax 2%, following up of payments. Receiving of transmittal of Billing from Benguet and Balayan and transmit to Petron Pasig Office. - AUTVC accounts.
  • Safekeeps securities and other collateral documents, instruments and attachments. Maintains a logbook of all collaterals for the assigned business.
  • Attends to various requests from Sales for open item analysis, adjustment of erroneous encoding, set-up of withholding tax, re-setting of cleared documents, booking of accounts for write-off/on, cancellation of invoices, transfer of payments, printing of tax certificates and document retrieval.
  • Ensures the proper implementation of credit lines and monitors any deviation from the approved terms and conditions extended to the customers.
  • Coordinates with Sales thru phone call or email on accounts that have exceeded their credit limits or have unsettled past due balances.
  • Other tasks may be assigned.


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