Receive payment application documents from third party collectors and Credit Operations Assistant Collection and encode information in the system.
Link unapplied credits and advances to invoices based on reconciliation & requests coming from Credit Operations Assistant Collection.
Properly identifies customer payments received in the various bank accounts based on report given by Treasury.
Coordinate unidentified deductions and unapplied payments to collection team for proper identification and description
Tag short payments in SAP using reason codes
Monitor payment for Cash on Hand GL account, report, reconcile and escalate.
Recognize, reconcile and investigate reasons/nature of short payments
Reconcile and resolve unapplied/ misapplied payments.
Identify, review, validate and create RFP for customer refunds
Provide visibility to accountable teams responsible for action to resolve short payment (e.g. Billing, Sales, etc.)
Conduct call out or email to customer with outstanding creditable withholding tax to secure certificates
Book/apply secured creditable withholding tax certificates in the system
Transmit collected and booked certificates to tax team for BIR filing purposes
Prepare RCM for preparation of credit note by Billing Associate
Transmit complete payment documents to STP.
Filing of all documents relating to cash application and AR adjustments
Perform any other duties that may be assigned to her/him
Minimum Qualifications
Holds a degree of BS Accountancy or Business Related courses
With an experience on Accounts Receivable function
Financial Operations & Processes: Understands how financial strategies, IT applications, operations, processes and knowledge of interdependencies across the finance and business organization influence finance strategies and solutions
Financial Regulatory Knowledge: demonstrates knowledge of financial policies, practices and standards and appropriately applies them to standard financial activities
Business Partnering Understands and supports successful working relationships within the company and with external partners to contribute to stakeholder goals and objectives
