Finance & Accounting Associate - Collection
Mandaluyong, Metro Manila, Philippines
Full Time
Accounting and Finance
Entry Level
DIRECTLY REPORTS TO:
Accounting Manager
MAIN AREA OF RESPONSIBILITY:
Main Responsibility: The Accounting Associate position is responsible for bookkeeping and handling Credit & Collection functions. Prepares finance and accounting documents in a timely manner.
Accounting Manager
MAIN AREA OF RESPONSIBILITY:
Main Responsibility: The Accounting Associate position is responsible for bookkeeping and handling Credit & Collection functions. Prepares finance and accounting documents in a timely manner.
TASKS:
- Establish and maintain positive relationships with customers to ensure timely payments and address any concerns or inquiries.
- Collaborate with sales and customer service teams to resolve issues related to credit and collections.
- Evaluate creditworthiness of new and existing customers by analyzing financial statements, credit reports, and payment histories.
- Implement and execute effective collection strategies to reduce overdue accounts and minimize bad debt.
- Communicate with customers to negotiate payment plans and resolve disputes in a professional and diplomatic manner.
- Generate and analyze regular reports on accounts receivable, aging, and collection performance.
- Ensure compliance with the company's credit policies and procedures.
- Journalize and post to Xero/NetSuite of daily transactions.
- Maintain accurate and up-to-date records of customer interactions, payment arrangements, and collection efforts.
- Other tasks as may be assigned.
QUALIFICATIONS | COMPETENCIES:
- Candidate must possess at least a Bachelor’s Degree in Finance/ Accountancy or a similar course
- 1 – 2 years proven experience as a Credit & Collection officer or similar role in a reputable organization.
- Adept in Accounting software (Quickbooks, Xero or NetSuite) and Microsoft Excel
- Excellent communication and negotiation skills.
- Organized, team player and can work with minimum supervision
- Must be keen to details and possesses dynamic personality
- Strong understanding of financial analysis, credit risk assessment, and collection strategies.
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