Cash Application Assistant  

· Receive payment application documents from third party collectors and Credit Operations Assistant – Collection and encode information in the system.

· Link unapplied credits and advances to invoices based on reconciliation & requests coming from Credit Operations Assistant – Collection.

· Properly identifies customer payments received in the various bank accounts based on report given by Treasury.

• Coordinate unidentified deductions and unapplied payments to collection team for proper identification and description
• Tag short payments in SAP using reason codes

· Monitor payment for Cash on Hand GL account, report, reconcile and escalate.

· Recognize, reconcile and investigate reasons/nature of short payments

· Reconcile and resolve unapplied/ misapplied payments.

· Identify, review, validate and create RFP for customer refunds

• Provide visibility to accountable teams responsible for action to resolve short payment (e.g. Billing, Sales, etc.)
• Conduct call out or email to customer with outstanding creditable withholding tax to secure certificates
• Book/apply secured creditable withholding tax certificates in the system
• Transmit collected and booked certificates to tax team for BIR filing purposes
• Prepare RCM for preparation of credit note by Billing Associate
• Transmit complete payment documents to STP.
• Filing of all documents relating to cash application and AR adjustments
• Perform any other duties that may be assigned to her/him

• Holds a degree of BS Accountancy or Business Related courses
• With an experience on Accounts Receivable function

• Financial Operations & Processes: Understands how financial strategies, IT applications, operations, processes and knowledge of interdependencies across the finance and business organization influence finance strategies and solutions

• Financial Regulatory Knowledge: demonstrates knowledge of financial policies, practices and standards and appropriately applies them to standard financial activities

• Business Partnering

  Understands and supports successful working relationships within the company and with external partners to contribute to stakeholder goals and objectives