Finance Lead - AR

Job Summary:

AR Lead will be responsible in overseeing the entire AR/Billing procedure from raising of Invoice until complete settlements. He/She will be responsible for Revenue reports and analytics and the main Point of Contact for all Billing concerns and issues.

Accountabilities:

The AR Lead will be responsible of the following:

AR/Billing

- Review and endorses consolidated billing details for Finance Manager approval.

- Ensures accuracy of Billable costs

- Ensures accuracy of Revenue per registered activities, per Business Units, per Division and per Program

- Ensures Billing are accurately captured in both the Billing Approval Tool and Accounting System

- Reconciliation of:

          - Headcount versus various tools: KAI, Workday and establishment of

Headcount report as main source for all reporting (PEZA, DOLE and

BIR)

          - AR versus Statement of Account with IC, versus Billing tool/

Approval Tool

          - Revenue vs Income Tax Returns and Management Reports

- Ensures all Accounts Receivable are current

- Maintain a collection efficiency rate of 90% per month

- Maintenance of Trackers:

          - Billing Tracker

          - Service Model Trackers

Monthly Closing activities

- Review and endorsed Monthly billing accruals based on Actual payroll data to be recorded both in local accounting system (NetSuite) and Global Accounting System (People Soft)

- Review of Monthly Statement of Account before sharing with Intercompany Team

- Review other Monthly AR related entries: Credit Memos, adjustments, Debit Memos

- Review Monthly Balance Sheet analysis

- Revenue report generation for Management Report Team

- Revenue monitoring for New Billing Model and Old Billing Model

- P&L supporting schedule for New Billing Model and Service Models

2, 4, 6 & 7.

Stakeholders Partnership

- Main Point of Contact for all Billing related queries

- Ensures all queries are addressed with utmost professionalism and

within the agreed turn-around time

- Establish a Billing Connect sessions at least once every quarter to

highlight changes and discuss issues that needs immediate attention.

- Track Customer experience feedback by creating an annual Customer experience tracker

Process Improvements

- Continue to look for opportunities to improve the process

- Introduce automation projects to better support the Business Units

and improve the SLA.

Qualifications:

·      Certified Public Accountant (CPA)

·      Supervisory experience for 1 to 3 years

·      High numeracy and excellent technical skills

·      Ability to manage highly skilled individual(s)

·      Strong attention to detail

·      Stakeholders’ partnership experience

·      Highly Analytical skills (Experience in Audit is a plus)

·      Complimentary Competencies

·      Knowledge in Customer handling and reconciliation

·      Advance skills in MS Office – Excel (Intermediate knowledge in Macro a plus)