Finance Associate

Payreto; Makati; Hybrid; PHP 360,000 - 540,000; Full time

Benefits offered by this job

Hybrid work setup

Day 1 HMO

Life insurance

Equipment provided

Job summary

Payreto is seeking a finance professional to manage accounts receivable/payable, optimize cash flow, and perform financial reporting in a hybrid work setup in Makati. The role emphasizes accuracy, timely collections, and collaboration across departments.

Responsibilities include processing payments, vendor invoices, reconciliations, and assisting with financial statements and cash flow forecasting. A strong accounting background and payroll expertise are essential for success.

Qualifications

• Bachelor’s degree in Accounting, Business Admin or equivalent.
• Above-average English verbal and written communication.
• Payroll expertise required.
• Strong accounting knowledge required.

Responsibilities

• Process and post incoming payments accurately and timely.
• Monitor aging reports and follow up on overdue accounts.
• Communicate with customers to resolve billing issues and ensure timely collections.
• Process vendor invoices and payments per company policies.
• Reconcile vendor statements and resolve discrepancies.
• Ensure payments are processed within payment terms to optimize cash flow.
• Monitor daily cash flow activities and ensure liquidity.
• Assist in developing cash flow forecasts.
• Identify opportunities to improve cash flow management.
• Manage collections for overdue accounts.
• Develop strategies for timely collections.
• Maintain relationships with clients to minimize receivables.
• Assist in preparing financial statements (balance sheets, income statements).
• Conduct variance analysis and provide insights into financial performance.
• Generate reports on AR/AP aging, cash flow, and collection performance.
• Identify inefficiencies in AR/AP processes and recommend improvements.
• Collaborate with departments to streamline financial workflows.
• Implement best practices to enhance financial controls and reporting accuracy.
• Manage finance data integrity and confidentiality.
• Assist in journal entries, reconciliations, and ledger maintenance.
• Ensure compliance with internal policies and accounting standards.

Skills

Bachelor’s Degree

English communication

Payroll expertise

Accounting knowledge

Compensation understanding

Data management

Attention to detail

Analytical skills

Confidentiality

Strong communication

Education

Bachelor’s Degree in Accounting/Business Admin

Job description

Manage accounts receivable/payable, optimize cash flow, conduct collections, and provide financial reporting and analysis in a hybrid work setup.

Your Role

Key responsibilities include:

• Process and post incoming payments accurately and timely.
• Monitor aging reports and follow up on overdue accounts.
• Communicate with customers to resolve billing issues and ensure timely collections.
• Process vendor invoices and payments in accordance with company policies.
• Reconcile vendor statements and resolve discrepancies.
• Ensure all payments are processed within payment terms to optimize cash flow.
• Monitor daily cash flow activities and ensure adequate liquidity for operations.
• Assist in developing cash flow forecasts to support business needs.
• Identify opportunities for improving cash flow management practices.
• Manage the collections process for overdue accounts.
• Develop strategies for timely and effective collections.
• Maintain strong relationships with clients to minimize outstanding receivables.
• Assist in preparing financial statements, including balance sheets and income statements.
• Conduct variance analysis and provide insights into financial performance.
• Generate reports on AR/AP aging, cash flow, and collection performance.
• Identify inefficiencies in AR/AP processes and recommend improvements.
• Collaborate with other departments to streamline financial workflows.
• Implement best practices to enhance financial controls and reporting accuracy.
• Manage and maintain finance-related data ensuring data integrity, accuracy, and confidentiality.
• Assist in journal entries, account reconciliations, and ledger maintenance.
• Ensure compliance with internal policies and accounting standards.
• Execute additional tasks as assigned by the immediate supervisor/manager.
• Be available to extend work hours when necessary to meet deadlines and fulfill organizational needs.

About You

The company is looking for:

• Bachelor’s Degree in Accounting, Business Administration, or any equivalent degree.
• Above average English verbal and written communication skills.
• Payroll expertise.
• Accounting knowledge.
• Compensation and benefits understanding.
• Data management skills.
• Attention to detail.
• Analytical skills.
• Confidentiality.
• Strong communication skills.

Benefits

• Competitive salary packages
• Professional development opportunities
• Hybrid work setup
• Equipment provided
• Day 1 HMO
• Life insurance