Accounts Receivable assistantMIDA Group of Companies

Job Description: 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 payments 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 and 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 & post all AR transactions in the systems (SAP)
· Checking/editing of all AR data encoded in the systems(SAP)
· Preparation of AR reports
o Daily Collection Reports
o Aging of Receivables with analysis
o Other relevant reports
· Monitoring of Sales, Sales Returns and other complaints and make the necessary reports and necessary recommendations related to these
· Follow up and monitoring of Creditable Withholding Taxes (2307)
· Reconciliation 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 the necessary reports and recommendations related to these
· Preparation of Transmittal Letters
· Monitoring of Completeness of Official Receipts and Invoices
· Any other ad-hoc reports/ projects required by Management