Accounts Payable/Receivable Specialist

Overview

Full-time remote role based in the Philippines.

Schedule: Monday–Friday, 8:00am to 5:00pm US Pacific Standard Time.

This position supports the maintenance of accurate financial records, including managing and processing financial transactions using an ERP system and preparing journal entries. The role also involves working with major retail partners to ensure accurate billing, payment reconciliation, and compliance with customer-specific requirements.

Responsibilities

Accounts Payable (AP)

• Process and verify vendor invoices, ensuring accurate coding and entry into the ERP system.
• Monitor and reconcile vendor accounts, resolving discrepancies in a timely manner.
• Prepare weekly cash disbursement reports and manage payments in compliance with company policies and contractual terms.
• Work with vendors and internal teams to address payment and invoice issues.
• Allocate shipping, customs, and other costs to the appropriate inventory items in the ERP system.

Accounts Receivable (AR)

• Monitor and reconcile customer accounts, ensuring timely payment application.
• Investigate, record, and resolve payment discrepancies, chargebacks, and short payments.
• Collaborate with sales, operations, and supply chain teams to ensure compliance with customer invoicing requirements and order fulfillment terms.
• Prepare aging reports and track AR performance metrics.

Financial Reporting and Reconciliation

• Prepare and review journal entries related to AR, AP, and customer-specific transactions.
• Assist with month-end and year-end close processes to ensure accurate reporting of AP and AR balances.
• Reconcile key customer and vendor accounts to ensure transactions are properly accounted for.
• Support financial analysis and forecasting.
• Collaborate with the team on financial audits.
• Contribute to improvements in internal accounting processes.
• Support financial projects and initiatives.
• Coordinate with other departments on financial matters as needed.

Requirements

Must-Have

• At least 5 years of accounting experience.
• Bachelor’s degree in Accounting, Finance, or a related field.
• GAAP knowledge and strong understanding of financial principles and practices.
• High attention to detail to ensure accuracy in financial transactions and reporting.
• Advanced Microsoft Excel skills for data analysis, financial modeling, and reporting.
• Analytical skills to interpret financial data, identify trends, and solve accounting-related issues.
• Strong communication skills to interact with team members and explain financial information clearly.
• Ability to work independently and in a team environment.
• Detail-oriented with strong organizational skills.
• Goal-oriented mindset with a proactive approach to tasks.

Preferred Qualifications

• Familiarity with accounting software such as MS NAV, MS Dynamics, Great Plains, QuickBooks, Xero, or similar platforms.
• CPA or equivalent certification.
• Experience working in a consumer products company.

Compensation & Benefits

• 100% remote work.
• 13th month pay.
• Healthcare (HMO).
• Comprehensive fringe benefits package.
• Paid Service Incentive Lead (SIL).
• Paid Philippines holidays.
• Free learning and development programs.

Location

• Philippines (Remote)