Creditors Lead

2 weeks ago


Durban, KwaZulu-Natal, South Africa Platinum Recruitment Solutions Full time

Job Purpose:

The purpose of this role is to manage the Creditors Team and Creditors function for the Organizations Group of Companies

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Responsibilities:
  • Managing the Creditors Team and Providing guidance to Creditors Clerks
  • Reviewing of payments to supporting reconciliation and sign off the validity and accuracy of reconciliations.
  • Monitoring the payment inbox i.e. Ensuring that the team is effectively maintaining payment requests.
  • Loading of creditor payments for banking
  • Assisting in the resolution of complex and aged creditor queries
  • Ensuring that the team is processing accurately with regards to GL Allocations and Dimensions
  • Reviewing of Creditor Age Analysis, GRNI and Creditor Stats
  • Prepare and process supplier rebates.
  • Conducting regular reviews of suppliers (Terms, rebates, structure etc)
  • Driving effective Working Capital Management (maximise rebates, analyse purchasing behaviour for consolidations/effective procurement, drive conversion of cash suppliers to credit)
  • Assist in the preparation and submission of audit queries/file.
  • Month end review of expenses against Budget/Forecast
  • Formulate policies and procedures to ensure timely payment to Creditors.


BBBEE
  • Collate and drive the collection of Supplier BBBEE certificates and formulate associated reports.
  • Compile training schedules for the Group and assisting HR with EE Audits
  • Ad hoc any reasonable request from management on projects when required

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