Accounts Receivable Specialist

ETS2 Resource Center, Inc.; Taguig; On-site; PHP 279,000 - 390,600; Full time

Job summary

A finance and accounting service provider based in Taguig is looking for an Associate to support the Accounts Receivable team. The role requires ensuring compliance with accounting guidelines and maintaining customer ledgers. The ideal candidate will have a strong understanding of accounting principles and experience with VAT compliance. This is a full-time position offering opportunities for process automation and optimization.

Qualifications

• Strong understanding of accounting principles and guidelines.
• Experience with customer account management and reconciliation.
• Knowledge of VAT compliance and documentation.

Responsibilities

• Support Accounts Receivable team with accurate booking of goods.
• Maintain customer ledgers and allocate profits and costs.
• Ensure compliance with VAT guidelines.

Job description

5 days ago Be among the first 25 applicants

Responsibilities

• Supports the Accounts Receivable team in ensuring that all goods issued and sold to customers/retailers are booked accurately in compliance with the accounting guidelines, and point of sale reconciliation.
• Sales & trade structure, customer ledger maintenance, and profit & cost center allocation of sales.
• Ensures compliance with Value Added Tax (VAT) charging guidelines, its recording, and documentation requirements.
• Liquidates and reconciles consignment sales with Retailers POS data, accounts for deferred and unbilled revenues.
• Maintains and controls customer credit position.
• Prepares Collection forecast and distribution of Statement of Accounts (SOA) to customers.
• Oversees receivable collection from customers and resolves variances to expedite collection.
• Maintains Balance Sheet ledgers and controls open items in the customer accounts in S4.
• Matches collections with invoices to close open items.
• Processes Credit and Debit adjustments to customer accounts.
• Reconciles customer statements and payments with system ledgers and closes noted variances in due time.
• Prepares recurring AR reports such as AR Aging, Collection Reports, and cashflow projection.
• Customer master data governance (trade contract and terms, enrolment & update).
• Promotes automation of processes in AR and optimization of S4 Hana functionalities that will streamline controls, analysis, and reporting.
• Provides AR analysis and ad hoc reporting as required.

Seniority level

Associate

Employment type

Full-time

Job function

Finance and Accounting/Auditing

Industries

Human Resources Services

Manila, National Capital Region, Philippines