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Credit & Collection Staff (Medical Industry)

Medilines Distributors Inc.
Full time
2 weeks ago

Job Summary:

Duties and Responsibilities:

A. Collection of Account Receivables

1. Collect receivables from clients, both private and public.

2. Conduct monthly AR/Collection Meeting with Management(with the President, CFO and BUHeads).

3. Manage a Portfolio of Clients Government and Private account to ensure they are adhering to payment deadlines.

4. Manage Aged debt accounts to minimize Delinquency rate.

5. Assess problematic accounts for management disposition

6. Analysis of unrecognized bank deposits.

B. Maintain Collection Process and Systems (MSD)

1. Implement established Credit & Collection process aligned with Sales Account Team Monitoring Inventory

2. Close monitoring of the Project status with Sales team from placement of order, deliveries (partial and complete) receipt of signed document for Collection process monitoring until Collection payment is posted.

3. Adhere to collection procedures and closely monitoring of documents follow up especially with Government requirement & process

4. Review and evaluate account for Approval of Sales Order vs. Purchase order accordingly up to release.

C. Maintain Credit Process and Systems (MSD)

1. Conduct Background Investigation or Credit Investigation for new accounts.

2. Monitor over-dues and Hold-account.

3. In-charge for Lifting of ON-HOLD accounts.

4. Hold deliveries and lifting of accounts for those customer upon payment commitment.

5. Approve Sales Order

D. Reports to Management and other Stakeholders and other Documentation

1. Generate and prepare monthly reports to be submitted to Executive committee -CFO & CEO for monthly Meeting to evaluate fulfillment targets

2. Prepare and submit monthly Collection Forecast/Projection Report (with Bank Balance) to CFO, copy furnish to Accounting and Collector every 1st week of the month.

3. Prepare Ad hoc Reports advice by CFO & CEO

4. Generate monthly Sales vs Actual Collection for all Departments, Sales Reps and Sales Manager.

5. Ensure completeness of 2307/2306 form and submit to Accounting.

Job Specification:

EDUCATION : Graduate of any Finance or Accounting course;

WORK EXPERIENCE : At least three (3) years work experience in credit and collection; experience in remedial account management, risk mitigation, and collection strategies is a must; preferably with experience collecting from public agencies; experience in project monitoring or management is an advantage; Background in MS Dynamics, SAP, Ariba, ERP will be an advantage.

KEY COMPETENCIES :

1. Strong negotiation skills

2. Good analytical skills

3. With sense of urgency / excellent business planning

4. Strong communication and interpersonal skills

5. Time management

6. Results oriented

7. Resourceful

8. Team player

Job Type: Full-time

Education:

Experience:

Work Location: In person

Expected Start Date: 06/30/2025

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