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First Gen Corporation

Settlement Analyst  

First Gen Corporation

 
  • Pasig, Philippines
    6F, Ugong, Pasig, Metro Manila, Philippines
    Pasig
    Metro Manila
    Philippines
    Philippines
  • Full timeFULL_TIME

Posted 5 days ago and deadline of application is on 30 Dec

Recruiter was hiring 3 days ago

2025-05-07T06:18:08.305471+00:002025-12-30T16:00:00+00:00

Job Description

I. Collection from Customers. Validate actual collections vis-à-vis billed amounts taking into consideration applicable tax deductions (e.g., VAT, EWT) and discount entitlements (e.g., Prompt Payment Discount or PPD, Collection Efficiency Discount). The Collections Specialist/Analyst is responsible for collections of outstanding accounts receivables from the existing customers and resolving collection problems. This is to detect early-stage delinquencies and close monitoring of installment payments (e.g. staggered payment requests).

II. Payment to Vendors/Suppliers. Track actual payment to vendors (e.g., IEMOP for WESM, DUs for DWSA, TransCo for FIT-All) to determine accuracy of amount and timing of settlement by customers to avoid interest charges for delayed payment. Implement an effective, systematic payment monitoring system.

III. Security Deposit. Monitor Security Deposit (SD) of customers following customer switching to protect the Company from customers’ non-payment or to cover operational expenses customers would otherwise be required to pay.

IV. Customers’ Certificate of Withholding Tax (CWT). Facilitate accurate and timely submission of CWTs by customers.

V. Process Automation

  • Identify manual processes that need streamlining/automation
  • Create process flow from ground up
  • Coordinate with the involved group for the process plan and implementation
  • Headspear the process implementation and maintenance

VI. Data Analysis - Prepare Collection Reports showing collection efficiency and amount collected, and Overdue Account Reports showing customers with delayed/overdue payments. Coordinate with different involved groups to identify the total amount collected, date of collection, underpayment (if any), and reason for delayed payment.

Minimum Qualifications

At First Gen we take pride in our work of energizing the Philippines through clean power generation technologies. As we grow to become the best in the industry, we are continuously searching for talent who are driven, empowered, and passionate about making a positive difference in the world.

We provide employees with ample opportunities and resources that enable them to perform at their best, contribute value, and help us achieve our Mission of “forging collaborative pathways for a decarbonized and regenerative future.”

First Gen wants you to be good at your job and be successful at it. To this end, we will invest in your professional and personal growth by providing you with the right tools to effectively carry out your role as well as learning and development opportunities to advance your career.

Graduate of any Business or Engineering course

At least 6 years of related experience

Jobs Summary

Job Level
Associate / Supervisor
Job Category
General Services
Educational Requirement
Bachelor's degree graduate
0
Office Address
Ugong
Industry
Utilities
Vacancy
1 opening
Website
https://www.firstgen.com.ph/

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About First Gen Corporation

OUR BUSINESS First Gen Corporation (First Gen) is a leading independent power producer in the Philippines that primarily utilizes clean and indigenous fuels such as natural gas, geothermal energy from steam, hydro-electric, wind, and solar power. The company has 3,489 MW of installed capacity in its portfolio, powering 21.4% of the country’s gross generation. First Gen is a natural gas pioneer and owns four out of the five natural gas-fired power plants in the country. These are the 1500-MW Sta. Rita and San Lorenzo plants, the 97-MW Avion and the 414-MW San Gabriel power plant. Avion will be the first power plant in the Philippines to run on aero-derivative gas turbines while the San Gabriel plant is expected to be the most efficient natural gas-fired plant in Southeast Asia. First Gen also has the largest portfolio of power plants that use clean, renewable and indigenous fuels. The plants are present in all three grids of the Philippines, and can serve the baseload, mid-merit and peaking market segments. “Going forward, we continue to keep our eye on remaining relevant, effective, pioneering, and smart about the choices we make in moving towards a decarbonized world… First Gen continues to care about the world we live in, and we will continue to dare to make positive contributions.” – President and Chief Operating Officer, Francis Giles B. Puno

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