Settlement Analyst

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 Responsibilities:
- 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.
WESM Must-Run Unit (MRU) Adjustments of IEMOP, staggered payment requests).
Bilateral contracts (PPA, PSA, RSC, GEOP contracts) WESM Sales Receivables Ancillary Services Procurement Agreement (ASPA) Feed-in Tariff (FIT) Solar Lease Contracts Internal transactions (RES-GenCo, Replacement Power GenCo-Genco)- 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.- 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.- Facilitate accurate and timely submission of CWTs by customers.
Qualification Requirements:
- Bachelor's degree in Accounting, Economics, Business Administration or equivalent- At least 3 years of relevant work experience- Must be proficient in Microsoft Office including Excel, Word and Powerpoint.- Must have the abilityi 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 completing critical tasks independently and with a sense of urgency.