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.
Key Accountabilities:
1. Customer’s Compliance with Security Deposit Requirement
a. Monitors customer compliance with security deposit requirements and provisions in the contract and coordinates with other sections/departments in order to facilitate processing and bank posting of security deposits.
b. Facilitates customer SD posting, renewal, adjustment, drawings, and return according to contract provisions; consults with assigned Risk Management and Legal as needed.
c. Sends notices to customers related to SD requirements
d. Attends to and facilitates cadence with Treasury, Liability, and other concerned groups to ensure resolution of contractual issues and other SD-related concerns of customers.
e. Regularly reports to Enterprise Risk Management on customers with noncompliance to flag potential credit issues.
f. Prepares the SD compliance report and other related SD reports
2. Collection of Customer Payments and Processing of Overdue Accounts
a. Monitors and facilitates collections from customers, including close monitoring of installment accounts, Sales Discount eligibility, staggered payment and interest charges requests, and resolves collection problems, detects and acts on early-stage delinquencies.
b. Validates actual collection, taking into consideration applicable tax deductions and discount entitlements in order to reconcile with billed amounts.
c. Sends collection reminders and follow-ups, applies charging of interest or penalties, and attends to requests for waiver of interest charges in coordination with Finance/Accounting.
d. Regularly reports to Enterprise Risk Management on customers with delayed payments to flag potential credit issues.
e. Attends to and facilitates resolution of contractual issues and other collection-related concerns of customers with Accounting, treasury and Tax groups in order to ensure collection efficiency
f. Prepares the collection efficiency report and other related collection reports
3. Collection of Customer Certificate of Withholding Tax (CWT)
a. Tracks and facilitates accurate and timely submission of customers’ certificate of withholding tax (CWT) and coordinates with the Tax group accordingly for validation.
b. Sends reminders and follow-ups, applies to customers with pending and incorrect submission of CWT.
c. Attends to and facilitates resolution of contractual issues and other CWT-related concerns of customers with Accounting and Tax groups in order to ensure timely collection.
d. Prepares the CWT collection report.
4. Payment to Vendors
a. Monitors actual payment to vendors, including reconciliation, ensuring accuracy and timely settlement.
b. Creates payment orders.
c. Sends proof of payment and CWT.
5. Systems Automation and Process Improvement Initiatives
a. Supports the systems automation project and contributes inputs to the development of settlement-related functionalities in the Contract Management System (CMS) including systems integration.
b. Facilitates process implementation and maintenance with the created process flow.
c. Keeps up to date with developments in:
- the Philippine Power Industry (e.g., EPIRA, RE Act, WESM, ASPA, Contracts) to ensure alignment of services with the same; and
- overall internal (ABS-based or other) and external developments in accounts management to ensure responsive customer accounts management process, especially for settlement processes, data validation and reports preparation.
Qualification Requirements:
- Bachelor’s degree, preferably in Accounting or equivalent
- At least 2 years of relevant work experience
- Must be proficient in Microsoft Office including Excel, Word and Powerpoint
- Must have the ability to work independently and to adapt to a fast changing environment
- Must have attention to detail with an eye for accuracy
- Must be creative, self-disciplined and capable of identifying and independently completing critical tasks, with a sense of urgency
- Excellent communication skills, both written and verbal, with technical and non-technical audiences
- High level of personal integrity, dependability, and initiative
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