Account Receivable/Payable Specialist

GROW Vite; Makati; On-site; PHP 40,000 - 70,000; Full time

Job summary

A leading financial services company is seeking a professional responsible for full-cycle Accounts Payable and Receivable activities. The role includes ensuring accurate processing of supplier invoices and customer collections while meeting compliance standards. Candidates will work closely with various teams and be involved in credit evaluation and reduction of bad debt. Strong analytical skills and a commitment to continuous improvement are essential for success in this position. Located in Metro Manila, Makati.

Responsibilities

• Ensure timely and accurate completion of Accounts Payable and Invoice to Cash tasks.
• Meet SLA commitments and compliance measures.
• Evaluate new and existing customers for credit limits.
• Reduce aged payables and receivables through best practices.
• Assist with reconciliations and compliance requests.

Skills

Attention to detail

Analytical skills

Customer service

Process improvement

Job description

Responsible for full-cycle Accounts Payable and Accounts Receivable activities. Payables includes but not limited to supplier invoice processing, supplier inquiries, travel and expense and supplier payments, while Receivables includes but not limited to Credit, Collections, Cash Applications, Specialty Invoicing, Credit Memo Processing and Dispute Management.

Main Responsibilities

• Ensure Accounts Payable and Invoice to Cash tasks are completed timely and accurately for the supported entities and they are correct and compliant with company policies and procedures.
• Meet established SLA commitments and KPI metrics, ensuring compliance and measurement to targets including Paid to Terms for payables and Percent Current for receivables to improve Operating Working Capital.
• Responsible for evaluating new and existing customers for credit limits ensuring levels of approval within the approval authority matrix.
• Reduction of aged payables and receivables bad debt through credit & collection best practices.
• Investigation of issues in accounts receivables and accounts payables.
• Assist with bank and intercompany reconciliations.
• Assist internal and external auditor requests ensuring compliance to government rules.
• Ensure all SOX controls are executed, all potential defects are proactively eliminated, or action plans defined and followed up until resolution to ensure control compliance and mitigate risk.
• Collaborate closely with all stakeholders providing legendary customer service, most especially with local colleagues for respective countries and Global Supply Chain, Commercial, and Customer Service teams.
• Work with global counterparts in support of standardization while maintaining data governance and business rules.
• Maintain and update existing process documents (SOPs).
• Focus on continuous improvement, driving process improvement initiatives and managing automated efficiency implementations.
• Perform ad-hoc activities as necessary.