Accounts Receivable Associate

Avattech-Solutions-Center-Opc; Muntinlupa; On-site; PHP 279,000 - 469,000; Full time

Job summary

Avattech-Solutions-Center-Opc is seeking an Accounts Receivable Associate to support the US parent company. You will process payments, apply collections, and reconcile balances while ensuring accurate financial records.

The role requires collaboration with US Finance, customers, and internal teams, with a night-shift schedule aligned to US business hours. On-site work at Madrigal Business Park, Ayala Alabang, Muntinlupa City.

Qualifications

• Bachelor's degree in Accountancy, Finance, or related field.
• 1+ year in Accounts Receivable or accounting.
• Proficient in Excel and MS Office.
• Strong English communication skills.

Responsibilities

• Process and apply customer payments to accounts.
• Reconcile accounts and monitor outstanding balances.
• Generate AR reports and support month-end closings.
• Coordinate with US teams for timely collections.

Skills

Accounts Receivable

Excel

Attention to detail

English communication

US coordination

Education

Bachelor's degree

Tools

Microsoft Excel

Job description

The Accounts Receivable Associate will provide accounting and operational support to the US parent corporation by managing day-to-day accounts receivable activities. This role is responsible for accurately processing customer payments, applying collections to the appropriate customer accounts, reconciling outstanding balances, and maintaining accurate financial records.

The position will work closely with the US Finance and Accounting team, customers, and other internal stakeholders to ensure timely collection processing, accurate account reconciliation, proper financial reporting, and compliance with established accounting procedures and internal controls.

Key Responsibilities

Collections Processing and Application

• Process and apply customer payments and collections to the appropriate customer accounts.
• Match payments against outstanding invoices, credit memos, and other applicable transactions.
• Investigate and resolve unapplied cash, payment discrepancies, and unidentified collections.
• Ensure timely and accurate posting of customer payments in the accounting system.
• Monitor customer accounts and assist in maintaining accurate accounts receivable records.

Account Reconciliation and Monitoring

• Perform regular reconciliation of customer accounts to ensure accuracy of outstanding balances.
• Reconcile direct debit transactions, bank receipts, and other payment records against accounting entries.
• Review account discrepancies and coordinate with relevant stakeholders to facilitate timely resolution.
• Monitor outstanding receivables and identify balances requiring further investigation or follow-up.
• Maintain accurate and updated customer account information.

Financial Reporting and Data Management

• Generate and maintain accounts receivable reports, collection records, and reconciliation schedules.
• Prepare financial reports and supporting documentation for management review.
• Enter, update, retrieve, and maintain accounting information in automated financial systems.
• Ensure the accuracy, completeness, and timely updating of financial data.
• Assist with month-end closing activities and other assigned accounting reports.

Accounting Controls and Process Improvement

• Follow established accounting policies, procedures, and internal control requirements.
• Support the implementation and maintenance of accounting and financial control procedures.
• Identify recurring reconciliation issues, processing errors, and opportunities to improve existing workflows.
• Recommend process improvements to enhance collection processing, account accuracy, and reporting efficiency.
• Coordinate with the US Finance and Accounting team to address operational concerns and ensure compliance with established procedures.

Qualifications and Requirements

• Bachelor's degree in Accountancy, Finance, or any accounting-related course.
• At least 1 year of relevant experience in Accounts Receivable or general accounting.
• Basic knowledge of accounts receivable processes, payment application, collections processing, and account reconciliation.
• Proficient in Microsoft Office applications, particularly Microsoft Excel.
• Strong analytical and problem-solving skills with excellent attention to detail.
• Good written and verbal English communication skills.
• Ability to manage multiple tasks, meet deadlines, and coordinate effectively with a US-based team.
• Willing to work on a night-shift schedule aligned with US business hours.
• Willing to work onsite at Madrigal Business Park, Ayala Alabang, Muntinlupa City.