Accounting AssistantMIDA FOOD DISTRIBUTORS INC

Job Description
The Accounting Assistant (AR) plans how to effectively collect payments due and maintains past due collections to a minimum. Prepares and reports time and accurate statement of accounts.
Duties:
Further improving the accounts receivable position of the company by planning to effectively collect payment due from customers and consistently maintaining past due levels to its minimum
Relevant, timely and effective coordination and resolution of accounts receivable concerns and issues within among departments
Analyze secondary accounts and some major accounts to be assigned by the Supervisor
Prepare timely and accurate Statements of Account
Effective following- up of payments due from customers
Encode and post all AR transactions in the systems (SAP)
Checking/ editing of all AR data encoded in the systems (SAP)
Preparation of AR reports (Daily Collection Reports, Aging of Receivables with analysis, Other relevant reports)
Monitoring of Sales, Sales Returns and other complaints and make the necessary recommendations related to these
Follow-up and monitoring of Creditable Withholding Taxes (2307)
Reconcilliation with Treasury on the online payments and credit card remittances
Clean- up of AR hanging balances
Correct recording of expenses related to Collections- credit memos, advertising, Cost of Goods Sold etc.
Regular evaluation of Credit Terms and Limits
Credit Investigation of new Accounts
Update/ reconcile accounts with outstanding balances and make necessary reports and recommendations related to these
Preparation of Transmittal Letters
Monitoring of Completenes of Official Receipts and Invoices
Any other ad- hoc reports/ projects required by Management
Minimum Qualifications
Possess a Bachelor's Degree in Accountancy or equivalent
Work Experience is a plus but not required.
Applicants must be willing to work in Pasig City
1 Full- Time position is available.