Billing and Collection supervisorMcCann Worldgroup

Job Description JOB SUMMARY: The Billings and Collection Supervisor is primarily responsible for the overall supervision of Finance Analysts in the Billing and Collections Unit of the Controller's Group. The position is responsible for the accurate Job Description JOB SUMMARY: The Billings and Collection Supervisor is primarily responsible for the overall supervision of Finance Analysts in the Billing and Collections Unit of the Controller's Group. The position is responsible for the accurate and timely review, recording, and reporting of all Client revenue and billing-related transactions as well as the timely collections from clients and accurate recording and reporting of such collections. KEY RESULT AREAS Efficient Management and Accurate Processing of Client Billing & Collections activities Ensure accurate client billings by performing proper reviews and approvals of generated billing forvendors' costs and agency service fees/commissions Review Client Statement of Account of outstanding receivables to ensure accuracy before sending to the client and ensure regular account reconciliation with Clients Ensure timely collection of payments, eliminate or minimize bad debts provision and/or write-offs Ensure direct involvement, when necessary, with clients that have payment concerns to facilitate collection and prompt resolution of collection issues Effectively manage debtor collections and keep overdue amounts below KPI Provide regular collection forecast as required by Cash Management and Treasury (CMT) Ensure all client queries are responded to and complaints are addressed in a timely and acceptable manner Efficient management and accurate processing of trade payable invoices and related transactions Ensure accuracy of vendor invoice postings and other vendor invoice-related adjusting entries by conducting proper reviews. Review and approve all reimbursements/Cash Advance/Payment Requests related to trade transactions Ensure that all trade invoices are accurately matched with client collections before forwarding them to CMT for processing. Ensure all vendor queries addressed to the B&C team are responded to and complaints are addressed in a timely and acceptable manner. Ensure trade vendor account reconciliation is done regularly Timely and accurate completion of closing activities and financial reporting and forecasting Preparemonth-end schedules forAllowance for Doubtful Accounts (ADA), Work In Progress (WIP), Earned But Unbilled (EBU), Accounts Receivable (AR), CPB (Client Pre-bill), Accrued Production (APO), Allowance for WIP/EBU, offsetting accounts and others as assigned, for review and approval by superiors. Ensure such schedules are complete, correct, and accurate. Ensure job closing, revenue recognition, gross-up entries, WIP accrual, and other recurring and non-recurring entries are posted timely and accurately with proper supporting documentation. Ensure that WIP and Client Prebill balances are correctly stated by ensuring that the proper netting activities are performed, reviewed, and documented before adjustments are made/posted. Prepare monthly, quarterly, annual, and ad-hoc forecasting reports Monitor revenue forecasts provided by Finance Analysts (FAs) and ensure variances are correctly explained in a timely manner. Ensures that all FAs provide status of Open CEs in accordance with agreed timelines Ensure all closing activities as listed on the team's task list are completed timely and accurately. Operational Excellence and TeamEffectiveness Oversee the Billing and Collections team and ensure the harmonious collaboration among members in achieving goals Ensure efficient management of the group mailbox for B&C. Ensure team's full understanding and alignment in the achievement of KPIs/metrics Createmeaningful goals, and conduct one-on-one sessions with team members to ensure alignment and proper coaching Ensure team follows escalation matrix in reporting issues. Ensure the timeliness, accuracy, and proper execution of activities related to the onboarding, off-boarding, and movements of teams. This may include, but is not limited to, the processing of requirements, the settlement of accountabilities or deliverables, the preparation of onboarding and transition plans, etc Coach, mentor and develop the team by preparing, executing, and/or overseeing plans for individual development, personnel improvement, career development, performance management, etc. Develop, assess and regularly improve systems. Propose new policies and processes, and identify and implement process improvements as applicable. Other Tasks Ensure all internal and external audit requests are provided accurately and timely. Ensure SOPs are updated and reviewed on a regular basis. Ensure all issues encountered are logged and properly documented in the team's issues log. Work directly with superior for any other tasks assigned Required Skills TECHNICAL OR SPECIFIC SKILLS Ensure all internal and external audit requests are provided accurately and timely. Ensure SOPs are updated and reviewed on a regular basis. Ensure all issues encountered are logged and properly documented in the team's issues log. Work directly with superior for any other tasks assigned Required Experience EDUCATION AND EXPERIENCE: Ensure all internal and external audit requests are provided accurately and timely. Ensure SOPs are updated and reviewed on a regular basis. Ensure all issues encountered are logged and properly documented in the team's issues log. Work directly with superior for any other tasks assigned
Monster

Taguig City, Metro Manila
Permanent
Full-time