Accounts Receivable analystFilinvest Group

Recording and Reconciliation
Check the completeness and accuracy of the uploaded power bills in SAP (accounting system) by the BSG based on the revenue calculation worksheet of the BSG. Reconcile differences noted with the BSG. Parked the accounting entries of the uploaded power bills in SAP. All accounting entries should be in compliance with the prevailing accounting standards.
Check the completeness and accuracy of the power bills generated in SAP by BSG. Check also that the attachments to the power bills prepared by BSG are complete and agrees to the accounting entries in SAP.
Check the accuracy of ER 1-94 calculation of BSG based on the declared energy. Parked the accounting entry for ER 1-94.
Record collection of trade accounts receivable every on a timely basis.
Reconcile collections received per bank statements with the data of BSG from customers. Resolve differences before month-end closing.
Generate official receipt in SAP or prepare manual official receipt (applicable to partial collections only).
Reconcile SL and GL. SL and GL should have no differences at month-end. Any difference due to SAP limitations should be accounted and monitored.
Prepare summary of entries for posting by the Controller related to revenue, accounts receivable and ER 1-94 every month end or as the need arises.
Follow up or remind BSG of their revenue calculation before end of the month to avoid delay in financial closing.
Establish and maintain accounts receivable customer files and records in SAP.
Attend during balance reconciliation of BSG with customers, especially those customers with issues in their accounts.
Reconcile accounts receivable balance with TBSD every billing period.
Review balances disclosed in the collection letters/statement of accounts of BSG to the customers. Any discrepany should be resolve before letters are sent out to customers.
Reporting and Audit
Attend weekly Marketing Committee meeting in cases where the Controller is not available to attend. Report discussions during the meeting to the Controller.
Prepare weekly report of outstanding accounts receivable per customer and submit to the Controller every first day of the week for reporting to Management Committee.
Prepare schedules required by the auditors and any other regulatory agencies relating to revenue and receivables during audit.
Discuss and resolve issues pertaining to discrepancies/reconciliations noted by the auditors and any other regulatory agencies.
Follow up from BSG status of all past due accounts and closely monitor clearing of these accounts.
Prepare presentation on the aging of accounts receivable by customer (with cutoff every end of the month) or extract from SAP/Accounting system and subsequent collections until the date of Executive Committee meeting. If extracted from SAP/Accounting system, review the data extracted for any abnormal balances or entries. Resolve any findings noted. Submit report to the Controller for reporting to the Executive Committee every second week of the month.
Perform other functions that may be assigned from time to time by higher level authorities.
Filing and Taxation
Gather all creditable withholding taxes (original copies) from customers for all their payments and prepare summary for BIR filing on a monthly basis. Maintain scanned copies of all creditable withholding taxes for BIR filing. Coordinate with BSG in cases were creditable withhodling taxes cannot be retrieve from customers.
Check that all creditable withholding taxes are correct and completely filled up including the period of application, name of company, TIN numbers, ATC code, amounts, and signatures.
Reconcile all creditable withholding taxes with the accounting entries in SAP. Resolve any differences noted.
Generate report on output VAT as inputs in the completion and filing of VAT Returns. Reconcile output VAT and deferred output VAT based on actual collections applicable to each
Job Specifications:
Graduate of BS Accountancy
Fresh graduates are accepted
High level of accuracy and attention to detail
Resilience and ability to perform effectively even under pressure.
Innovator with a positive can do attitude and a positive attitude to change.
Ability to think strategically and see the bigger picture.
Ability to deal with conflicting demands ensuring key priorities and deadlines are met through effective time management.
Well-developed Microsoft Office application skills (including word processing, databases, spreadsheets and presentations
Filinvest Group

Taguig City, Metro Manila
Permanent
Full-time