AR Specialist

Position Title: AR Specialist

Salary: 30,000 - 40,000 PHP monthly

Reports To: Client & Client Advisor

Primary Relationships: Client Team

Date: March 2023

Schedule: 11:00 PM to 8:00 AM PHT

Background:

The AR Specialist is responsible for collecting and maintaining customer accounts receivables. Also, assist with ad-hoc projects as needed. The successful candidate will be a dedicated self-starter looking for exposure to varied and new challenges as part of a small finance team.

Responsibilities:

• Prepares, posts, verifies and records customer payments and transactions related to accounts receivable
• Experience in collecting past-due customer balances
• Creates invoices and provides the necessary documentation to customers to facilitate collections
• Maintains and updates customer files, including name or address changes, mergers or mailing attentions
• Ability to upload and download from customer portals remittances, invoices, and customer deductions from payments (RMAs, rebates, promotional discounts, programs, and shipping discrepancies)
• Drafts correspondence for standard past-due accounts and collections, identifies delinquent accounts by reviewing files, and contacts delinquent account holders to request payment
• Creates reports regarding the current status of customer accounts as requested
• Researches customer discrepancies and past-due amounts with the assistance of other staff
• Works with the sales team to collect past-due balances when necessary
• Collaborates with the Senior Staff Accountant to reconcile accounts receivable daily
• Assists in generating monthly billing statements based on the general ledger
• Assists Senior Staff Accountant in reconciling revenue accounts each month
• Copies, files, and retrieves materials for accounts receivable as needed
• Performs other related duties as assigned
• Identify and recommend process improvements
• Proactive daily approach to work

Requirements:

• Degree in Accounting or Finance, CPA or Chartered Accountant a plus
• 3-5 years relevant work experience
• Intermediate excel skills (Vlookup & Pivot Table)
• Experience with SAP or like kind of ERP System
• Curiosity, self-discipline, follow through and desire to perform
• Ability to demonstrate attention to detail and good record keeping practices
• Experience with cash collections, returns, other customer deductions, cash applications and the ability to reconcile customer accounts

COmpany Benefits:

• SSS, Philhealth, Pag-Ibig
• 13th Month Pay
• HMO and Life Insurance (AVEGA)
• Free Shuttle Service
• CO League - Monthly Company Activities
• CO Clubs
• CO Amenities Swimming Pool, Clinic and Kids zone
• CO Stars - Corporate Social Responsibility Involvement Scholarship Programs
• CO Academy - Training and Development Programs
• COolture Coach
• CO Gears
• Cool and Flexible Workplace
• Other Performance and Attendance Based Rewards
• Bereavement Leave
• Paternity Leave
• 7 days SOLO Parent Leave
• Magna Carta Leave
• Company Bank Loan