Accounts Payable/receivable coordinator iiRegal Beloit Corporation

This position shall be responsible for the daily processing and reconciliation of payments received from customers via online banking resource into the ERP system of the Regal business units supported. Ensures that appropriate classification of charge back, discount, write-off, adjustments, miscellaneous checks, etc. are keyed in accordingly. He/she would also be responsible for check banking, debit/credit note processing, offsetting and netting application. The person would also handle month end reporting such as but not limited to, Intercompany SOA, Interco confirmation, AR aging, Bank recon (receipts) clearing and Collection report. In addition, he/she will be responsible for customer service activities such as coordination/communication with client business units or with counterpart team offshore regarding issues delaying payment application or any discrepancy found to his/her counterpart or Credit and Collection Department. Maintains all accounts receivable files, follows up on exceptions beyond certain parameters. Perform other duties as may be assigned. Adheres to business unit's defined metrics.
Identify and allocate ACH, checks and credit card payments and ensures that it is posted and distributed accurately within required time frames under conformity to the applicable internal controls and compliance requirements
Research unidentified payments and missing details for proper posting
Dispute discount that exceeded the allowable terms
Create & Apply Credit/Debit Memos
Write-off Over/Short Payments
Balance cash postings to cash receipts
Balance receipts and reconcile daily work batches
Perform basic research of debits for customer claims and returns and process the corresponding credits and/or denials.
Distribute credit copies and supporting documents, issue credits for customer claims and returns
Apply some advanced skills and may adapt procedures and processes to meet the more complex requirements of the position.
Qualifications
Qualifications:
Accounting Graduate or any business-related course.
At least 5 years working experience
Practical knowledge of ERP applications (Oracle, JDE)
Proficient in MS Office applications (MS Word, Excel and PowerPoint).
Internal Audit Control
Skills:
1. Good Analytical Skills
2. Teachable
3. Team player
4. Dependable
5. Organized
6. Good interpersonal skills
7. Willing to extend working hours and during holidays
8. With high regards to integrity
9. Can adapt to a fast pace environment
Travel: N/A
Language: English
Shift: Night Shift
Regal Beloit Corporation

Manila City, Metro Manila
Permanent
Full-time