Accounts Receivable Officer

3 days ago

Taguig, National Capital Region, Philippines CloudEats Full time ₱400,000 - ₱600,000 per year

Main Duties

Manage Accounts Receivable

  • Monitor and maintain accurate and up-to-date accounts receivable records.
  • Prepare and send customer invoices and statements on time.
  • Follow up on outstanding payments and resolve discrepancies or issues.
  • Reconcile customer accounts and resolve any billing disputes or discrepancies.
  • Prepare aging reports and analyze delinquent accounts.

Cash Application and Reconciliation

  • Post and allocate payments received from customers to their respective accounts.
  • Perform regular bank reconciliations to ensure accurate cash application.
  • Investigate and resolve any discrepancies between payments received and outstanding invoices.

Collections

  • Communicate with customers via phone, email, or written correspondence regarding overdue payments.
  • Maintain a professional and customer-focused approach while resolving outstanding balances.
  • Negotiate payment plans and terms, if necessary, while adhering to company policies and procedures.
  • Provide regular updates to management on collection efforts and escalate unresolved issues appropriately.

Reporting and Analysis

  • Prepare periodic reports on accounts receivable activities, including aging reports, collection efforts, and cash flow projections.
  • Analyze accounts receivable data to identify trends, patterns, and areas for improvement.
  • Collaborate with the finance team to assist in month-end closing activities and provide accurate financial data for reporting purposes.

Qualifications

  • Bachelor's degree in Accounting, Finance, or a related field.
  • At least 1 year of relevant experience in accounts receivable or a similar finance role.
  • Strong knowledge of accounts receivable principles, practices, and procedures.
  • Proficiency in using accounting software and the MS Office suite, particularly Excel.
  • Excellent analytical and problem-solving skills with attention to detail.
  • Exceptional communication and interpersonal skills to effectively interact with customers and internal teams.
  • Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
  • Strong organizational and time management skills.
  • Familiarity with relevant accounting regulations and standards.
  • Experience with ERP systems is a plus.

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