Accounts Payable & Receivable Manager

COMPANY HIGHLIGHTS:

One of the trusted and largest multi-format retailers in PHOffers outstanding career development opportunitiesDriven by sustain expansion and diversification

JOB SUMMARY:

The role is primarily responsible for timely payment, credit and collection, and bills/invoice management processes of assigned accounts. The role acts as a key enabler of the business unit in simplifying and improving processes including compliance to existing policies and guidelines. This is a high-visibility role that interfaces both with internal and external stakeholders.

JOB RESPONSIBILITIES:

Credit Services

Handle the accounts of third party ecommerce platforms and related flagship stores (e.g. Shopee, Lazada, Metromart) corporate customers, installment lending companies (e.g. Home Credit, Aeon, Paloo Financing) and mobile payment partners (e.g. Gcash, Paymaya)Approve the accreditation and setup of new/renewed accounts by reviewing credit worthiness and termsAccounts receivable collection including proper application of payments § Accounts receivable reporting, including discrepancy and aging reportsReconciliation of discrepancies up to the identification and resolution of causes, proactive management of both internal and external customers for issues identified and actions agreed to resolve them, including recommendation to write-off balances if deemed necessaryInitiate and/or propose system enhancements and process improvements to simplify day to day operations of the team

Centralized Bills/Invoice Management and Payments Processing

Ensure that rent and utility bills/invoices are processed on time and with high quality and according to company policies and approved legal and tax requirements.Ensure tight and proper monitoring of billing documents from receipt and posting for payment and payments release; collaborate with Support Services to retrieve data needed to come up with an end-to-end life cycle report for rent and utility payments.Proactively manage open items in the Accounts Payable ledgerCollaborate with store operations and support services to resolve payment issues and update them of next steps including issuance/reinforcement of procedural guidelines to prevent recurrence.Work closely with Financial Reporting team for month-end/yearend close activities which include cut-off and accrual activities § Review and approve enrollment of trade accounts for payments via bank creditingAddress inquiries for payment discrepancies and reconcile with lessors/service providers as the need arises.

JOB REQUIREMENTS:

With at least 8-10 years of relevant experience as AP/AR Sup or ManagerExternal audit experience, a plus but not requiredHas worked preferably in a retail setting or in fast-paced high-transaction-volume companies; has led and coached a teamHigh process orientation with proven experience for standardization and automationKnowledgeable in process transformation and change managementCustomer service orientation and communicates with impact, networks and collaborates with senior management and across different levels of the organizationNavigates through complexities, proposes resolutions and follows through implementationKPI reporting and performance management; meticulous with service level agreements with stakeholders § Proficiency in SAP, MS Excel and PowerPoint (for presentations)

True Value is committed to servicing the public by establishing outlets carrying a wide variety of high quality imported hardware and houseware items.True Value branches have opened in selective areas in the metropolis. To date, True Value branches are located in the following areas: Shangri-la Plaza Mall in Mandaluyong, Alabang Town Center in Muntinlupa, Trinoma in Quezon City, Power Plant Mall in Rockwell Center, Makati, San Antonio Plaza in Makati, Glorietta 1 in Makati, Robinsons Magnolia in Quezon City, Eastwood Mall in Quezon City, Marquee Mall in Pampanga, Solenad 2 in Nuvali, Sta. Rosa, Laguna, Ayala Center in Cebu and Abreeza Mall in Davao. Plans for additional new branches are on the drawing board to be able to serve the public even better.True Value Philippines is known for its broad and diversified variety of merchandise in the home improvement line, lawn and garden tools, automotive supplies, electrical materials, hand & power tools, building materials, decorating accessories, lawn & garden furniture & accessories, bathroom fixtures, paint & sundries, and our pride – odorless and lead free True Value paints.Customer satisfaction is True Value’s commitment. Our goal is simple, and that is to help customers improve, beautify and repair their Number 1 investment – their home.Each branch aims to provide shopping convenience for its customers who are assured of quality of the merchandise and value for their money on every purchase.