Accountant, Order to Cash

2X; Pasig; On-site; PHP 600,000 - 1,200,000; Full time

Job summary

2X in Pasig, Philippines is seeking a detail-oriented Accountant to manage the service-based Order to Cash (O2C) cycle, focusing on revenue recognition, billing, and cash collection. The role ensures compliance with accounting standards and supports statutory reporting.

Responsibilities include reviewing SOWs, invoicing, monitoring receivables, resolving billing discrepancies, and assisting in month-end close.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field required.
• Minimum 5 years in finance; at least 3 years in service-based O2C.
• Solid understanding of revenue recognition, deferred revenue, and unbilled revenue.

Responsibilities

• Review SOWs and contracts to ensure accurate billing per revenue policies.
• Record revenue in compliance with accounting standards and internal policies.
• Monitor deferred and unbilled revenue; recognize in month-end and year-end closes.
• Prepare and issue invoices based on SOWs, milestones, or deliverables.
• Monitor accounts receivable and follow up on overdue payments.
• Investigate and resolve billing discrepancies with project teams and clients.
• Reconcile customer accounts and maintain receivables records.
• Support month-end/year-end closes related to revenue and O2C.
• Assist in documents for statutory reporting, audits, and compliance.
• Generate revenue, cash collection, and aging reports for management.
• Recommend process improvements to enhance billing accuracy and efficiency.

Skills

O2C processes

Revenue recognition

Excel

Analytics

Communication

Independent work

Education

Bachelor’s degree in Accounting or related field

Tools

SAP

Oracle

NetSuite

Job description

About The Role

We are seeking a detail-oriented Accountant to manage the service-based Order to Cash (O2C) cycle, with a focus on revenue recognition, billing, and cash collection. The role ensures compliance with accounting standards, supports statutory and compliance requirements, and helps maintain the financial health of the business through accurate management of client receivables tied to Statements of Work (SOWs).

About The Role

We are seeking a detail-oriented Accountant to manage the service-based Order to Cash (O2C) cycle, with a focus on revenue recognition, billing, and cash collection. The role ensures compliance with accounting standards, supports statutory and compliance requirements, and helps maintain the financial health of the business through accurate management of client receivables tied to Statements of Work (SOWs).

Key Responsibilities

• Review Statements of Work (SOWs) and contracts to ensure accurate billing and alignment with revenue recognition policies.
• Record revenue in compliance with applicable accounting standards and internal policies.
• Monitor and account for deferred revenue and unbilled revenue, ensuring proper recognition in month-end and year-end closing processes.
• Prepare and issue invoices based on SOWs, milestones, or project deliverables.
• Monitor accounts receivable and proactively follow up on overdue payments.
• Investigate and resolve billing discrepancies in collaboration with project managers, clients, and internal teams.
• Reconcile customer accounts and maintain accurate records of receivables.
• Support month-end and year-end closing processes related to revenue and O2C.
• Assist in the preparation and provision of documents to support statutory reporting, audits, and compliance requirements.
• Generate reports on revenue, cash collection status, and aging of accounts for management review.
• Recommend process improvements to enhance billing accuracy, efficiency, and compliance.

Qualifications & Skills

• Bachelor’s degree in Accounting, Finance, or related field.
• Minimum 5 years of finance and accounting experience, with at least 3 years in service-based Order to Cash (O2C).
• Strong knowledge of accounting principles, including revenue recognition, deferred revenue, and unbilled revenue accounting.
• Experience in supporting statutory and compliance reporting.
• Proficiency in ERP systems (e.g., SAP, Oracle, Netsuite) and MS Excel.
• Excellent analytical, problem-solving, and organizational skills.
• Strong communication skills to liaise with internal teams, auditors, and external clients.
• Ability to work independently and manage multiple priorities in a fast-paced environment.

Preferred

• Experience in a global or multinational service environment.
• Familiarity with audit and compliance requirements.
• Experience with process automation or continuous improvement initiatives.