The Account Receivable Analyst is primarily responsible for effectively managing account receivables of the company and ensures that these are well-monitored and updated regularly. He/she needs to ensure that all credit policies are complied with.

Key Job Results include accurate, reliable, detailed, and timely updating of account balances as well as professional growth of staff. As needed, provides customer assistance related to accounts reconciliation.

PLANNING

1. Works with the Immediate Superior in preparing new A/R policies and procedures.

DOING/EXECUTION

2. Provides weekly Total AR report of handled accounts

3. Updates Account Balances in the SAP System.

3.1 Record/Clear payments to specific invoices.

3.2 Record/Clear validated returns and customer deductions.

4. Creates and Summarizes Unauthorized Customer Deductions and Returns Report.

5. Presents and explains new or revised A/R policies to concerned personnel.

CHECKING/MONITORING

6. Monitors Overdue Accounts

6.1 Provides updates to sales representatives and/or clients regarding their outstanding balances.

6.2 Works with Sales Representative in clearing or following up client’s overdue account.

6.2.1 Prepares letter for short payments and overdue accounts.

6.3 Prepares statement of accounts as requested by the customer or sales representative.

7. Checks and Validates Customer Returns and Deductions.

7.1 Coordination with concerned departments in validating customer deductions.

7.1.1 Checks returns deducted from the payment and validate its accuracy with the Warehouse Team.

7.2 Investigates client’s service level penalty.

8. Checks accuracy of Expanded Withholding Tax (EWT) computation.

8.1 Ensures that EWT computations are correct and must have a corresponding EWT certificate submitted by the customer.

ACTING/ADJUSTING

9. Provides reliable, timely management reports on accounts receivables.

10. Works with A/R Supervisor and AVP-SSG in reviewing and revising existing A/R policies and procedures.

11. Recommend solutions to address unauthorized returns and deductions by the customer.

12. Prepares letter for add-back on unauthorized deductions.

OTHERS

13. Performs other tasks as assigned by the Immediate Superiors.

KNOWLEDGE:

• General accounting principles with focus on accounts receivables;
• Data entry procedure- concepts on standard reports with numerical formulas.

SKILLS:

• Computer proficiency- on MSOffice applications; system proficiency based on the requirements of the operation
• Inter-personal skills – ability to relate to internal and external contacts;
• Communication skills – ability to compose communication letters and prepare required reports.
• Multi-tasking skills – ability to work from simple to complex task on a given time;
• Analytical skills- ability to comprehend relationships of data/information at hand;
• Customer focus – ability to handle customer complaints, ensure wants, needs and expectations are met or exceeded.

EDUCATIONAL ATTAINMENT:

• BS Management or Accountancy, Banking and Finance or any Math related course