Credits and Collections Analyst (6 Months Project)
📌 Credits and Collections Analyst (6 Months Project)
Project Duration: 6 Months (subject for renewal/extension)
Location: Onsite (BGC Taguig) Picadilly Star Corporate Center
Job Summary:
As a Accounting Staff (Project-based), you are responsible for managing the company’s account receivable by monitoring customer payment behaviors and ensuring timely collection of outstanding debts. You will assist with various tasks related to credit and collections.
You can look forward to:
Participate in team meetings and training sessions to understand best practices in collections and financial management.
Engage in self-directed learning related to collection and finance processes.
Performs other accounting tasks and projects required to support the Finance and Accounting department.
Key Responsibilities:
Data Entry and Record Management:
Update bank statements daily, identifying and transferring payment details.
Perform payment application and clearing.
Execute pre-closing and month-end closing checklists.
Collate financial documents e.g. official receipts, BIR 2307
Collection Activities/Payment Tracking:
Reconcile unidentified payments and transfer relevant data to the designated file (e.g., bank reconciliation).
Issue Statement of Accounts, Payment Reminder and dunning letters.
Ensure all credit and collection policies are adhered to.
Generate collection summaries by transferring payment details received from clients into a summary file.
Collaborate with internal teams to resolve disputes and facilitate payments e.g account and issue reconciliation
Maintain detailed records of collection efforts, agreements, and account status.
Communication and Follow-Ups:
Conduct follow-ups with clients regarding outstanding invoices, sending reminders and documenting interactions.
Handle inquiries via email, addressing client concerns related to payments.
Work closely with the finance, sales and customer service delivery team to address account issues.
Reporting and Analysis:
Support the reconciliation of Customer Ledger Accounts and Aging reports monthly, tagging relevant remarks.
Assist in preparing reports on collection activities and performance metrics.
Provide support for regulatory internal and financial audit.
Ad hoc Projects:
Assist with special projects or initiatives related to credit and collection e.g AR Aging Clean Up, process automations, system upgrades.
Contribute to process improvements to enhance the efficiency of the collection function.
Education, Skills And Experience:
Bachelor’s degree in finance and accounting.
At least 1-2 years of experience in billing, collections and cash applications (preferably at a global company).
Strong attention to detail and organizational skills.
Excellent communication, negotiation, and problem-solving skills (both written and verbal).
Proficiency in Microsoft Excel and other MS Office applications.
Experience with financial systems and ERP software.
Proactive attitude and eagerness to learn.
It will also be favorable if you are knowledgeable in:
Financial software such as NetSuite
