Entrepreneurship in the territories: is it the right time?
Company Description
GrowSari is a tech-enabled B2B platform dedicated to transforming the over one million sari-sari stores across the Philippines into comprehensive service hubs for grassroots communities. Since its inception in 2016, GrowSari has expanded to serve over 50,000 stores in 100 cities, powering them with tools for growth, data analytics, and efficient management. The platform provides affordable inventory, working capital loans, and supports a variety of micro-services, such as telco load and e-commerce, enabling store owners to optimize their operations. GrowSari also delivers vital insights for manufacturers and distributors to enhance their strategies, building a sustainable ecosystem that drives local economic growth.
Job Summary
The Distributorship Finance Specialist will be the overall Finance Business Partner for Distributorship operations, handling all accounting and financial tasks. This role ensures accurate, timely, and efficient processing of transactions, reports, and reconciliations for distributorship accounts, including maintaining records in the system and accounting records.
Key Responsibilities
Credit Limit approvals and AR management
- Review and approve credit orders, ensuring compliance with credit limits and company policies.
- Generate weekly Statement of Accounts (SOA) for chain stores and upon request for stand-alone stores.
- Maintain AR Aging reports and perform periodic analytics to support credit limit changes and management decision-making.
Reconciliation lead for Truck selling activities
- Daily and weekly inventory recon of system vs physical count reported by the agent
- Based on recon results, review and sign off on finality of sales for Sales Invoicing
Manage Credit Memos on both Customer and Principal end
- Review CM requests filed and ensure completeness and correctness of supports
- Create approved Credit Memos (CMs) in the accounting system
- Ensure CMs are properly issued back to customers in a timely manner
- Claims management for Principal: File claims in Principal’s system, monitor status until approval/rejection, send approved CMs for use.
Monthly Closing and Finance Business Partnering
- Act as Finance Business Partner for Distributorship activities, act as liaison officer between Operations, Tech, and Finance.
- Maintain and update master data and relevant records within the accounting system, including items, customers, and related entries.
- Coordinate EWT requests between Treasury and Tax.
- Work with the rest of the finance team to ensure complete posting of monthly journal and other adjusting entries
- Provide finance guidance to Distributorship Operations. Identify and recommend process improvements to enhance efficiency and strengthen internal controls.
