Credit Analyst

About This Role

The Credit Analyst assists with monitoring accounts receivable and payment collection, working in coordination with the Sales Division. This role suits someone with a background in finance or business management.

Responsibilities

• Register, amend, and maintain the Masterfile of accounts in SANDI and in file
• Check the correctness of details of 2307 Certificates, post them to SANDI, and transmit to the Tax Accountant
• Prepare credit line endorsements for approval/disapproval of credit line requests, to be recommended by the Billing and Credit Manager and approved by the approving authority based on the current approval matrix
• Recommend possible payment arrangements for accounts
• Prepare a summary of balances with computed interest and endorse it to the Credit Senior Supervisor
• Endorse to management appropriate credit decisions on whether to approve, deny, or defer credit line requests
• Prepare implementation memorandums for approved credit lines and ensure proper distribution to all concerned businesses and departments
• Prepare and send correspondences and official letters to customers regarding the approval or disapproval of credit line requests and their attendant terms and conditions
• Conduct special studies and relevant industry reports, particularly for key accounts and big-volume customers, whenever necessary
• Compile and maintain industry data for correlation with specific customer requirements (e.g., news clippings, comparative data of competitors)
• Coordinate with banks, financial institutions, and insurance companies regarding documentary stipulations of Letters of Credit, Cash Bonds, etc.
• Collate all Customer Information Sheet and Credit Application forms of customers requesting credit facilities as endorsed by Sales
• Ensure completeness of submitted forms and endorse to the Billing and Credit Manager for referral to the Legal Department
• Prepare Real Estate Mortgage (REM) documents and ensure that mortgage registrations are properly annotated with the required supporting documents
• Create Rebate Vouchers for cluster/dealer rebates
• Check the Plant’s AR and 2306 monitoring file as a basis for the issuance/hold of rebates and monitor issued/hold rebates
• Handle AUTVC AR (Petron, Isla, and Phoenix), recording sales, payments, and withholding tax 2%, and following up on payments
• Receive transmittal of Billing from Benguet and Balayan and transmit to Petron Pasig Office for AUTVC accounts
• Safekeep securities and other collateral documents, instruments, and attachments
• Maintain a logbook of all collaterals for the assigned business
• Attend to various requests from Sales for open item analysis, adjustment of erroneous encoding, set-up of withholding tax, re-setting of cleared documents, booking of accounts for write-off/on, cancellation of invoices, transfer of payments, printing of tax certificates, and document retrieval