Billing and Settlement Analyst

Filinvest Development Corporation; Makati; On-site; PHP 279,000 - 502,200; Full time

Job summary

Filinvest Development Corporation seeks a Billing and Settlement Analyst to manage and reconcile customer accounts, prepare revenue and collection reports, and coordinate with customers to resolve billing matters.

The role emphasizes generating bills, managing SOAs, and monitoring collections, with a strong focus on accuracy and collaboration with accounting teams in the Philippines.

Qualifications

• College graduate with degree in Engineering/Accounting/Economics/Computer Science.
• Experience with Microsoft Excel, Word, and PowerPoint.
• Experience with Billing and Settlement, Collections and Accounting.
• Experience with coordinating and communicating with customers.
• Knowledge of macros and formulas is a plus.

Responsibilities

• Prepare and send monthly reports (Accrual Revenue/Cost, FuelRate, CoalCost Recovery, EffectiveRates, ER1-94 Monthly Recon with Accounting, RateSummary for Plant Operations Report, MarketingEnergy).
• Prepare Revenue Report for current month billings, adjustments of previous months, prompt payment discounts, and miscellaneous billings.
• Generate and release individual bills in the system and upload in the F&A system.
• Prepare Customer SOA by 15th of the month and send to Billing head for checking; email the SOA once cleared.
• Monitor collections and related reports; follow up payment documents and upload to file server; recon with Accounting; create/update collection notices.

Skills

Excel

PowerPoint

Communication with customers

Billing and settlement knowledge

Collection and accounting background

Data coordination

Education

Engineering/Accounting/Economics/CS degree

Tools

Microsoft Excel

Microsoft Word

PowerPoint

Macros & formulas (Excel)

Job description

About the job Billing and Settlement Analyst

Job Summary

The Senior Billing and Settlement Specialist is responsible for handling customer accounts assigned by the Manager. This includes the preparation of revenue reports, collection reports, and other related reports. The role also involves coordinating with customers, meeting with them to reconcile data, and addressing their concerns.

Duties and Responsibilities

20% Monthly Preparation and Sending of the following reports:

• AccrualRevenue and Cost
• FuelRate Initial Computation
• CoalCost Recovery
• EffectiveRates
• ER1-94 Monthly Recon with Accounting
• RateSummary forPlant Operations Report
• MarketingEnergy Reports

20% Monthly Preparation of Revenue Report for:

• Current month Billings
• Adjustments of Previousmonths
• Prompt Payment Discounts
• Miscellaneous Billings

15% Generation and Releasing of Individual Bills of regular billing, adjustment billings, MAGPP & RA to Customers

• Generation of individualbills in the system
• Releasing to customer viaemail or the system
• Uploading in F&A systemthe bills

10% Monthly Preparation SOA

• Preparation of customers Statement of Accounting must beprepared every 15 th of the month and send to Billing head forchecking. Once cleared, the SOA of each customer must be sent via email.

20% Monitoring Collections and its related reports:

• Followingup to customers theirPayment documents and uploading to file server
• Submissionof CWT to Accounting
• Reconwith Accounting
• UpdateCollection ReportSummary
• Updatingof Recon filefor Delinquent Accounts
• Releasingof Collection Notices for delinquent

10% Reconciliation with Internal and External Customer

• Close coordination of with the customers for face to face oronline meetings, catering their requests for certifications-for customers anddata-for internal, and answering them inquires that are billing or collectionrelated.

5% other task that might be assigned as needed

Technical Competencies and Skills

Well verse with using Microsoft Excel Word and PowerPoint applications, Background with Power Industry and Power Supply Contracts, Background with Trading is a plus, Background with Billing and Settlement is required, Background with Collection and Accounting is required, Background with handling customer accounts, coordinating and communicating with customers is required, Knowledge in macro and formula is a plus.

Education, Trainings and Licenses Required

College graduate with degree in Engineering/Accounting/Economics/Computer Science