Accounts receivable

2 weeks ago


Brakpan, Gauteng, South Africa Jean Fowlds Consultancy Full time

ACCOUNTS RECEIVABLE POSITION

Customer Master Data Management:

  • Creating and maintaining customer master records in SAP.
  • Updating customer information like contact details, payment terms, credit limits, and billing addresses.

Credit Management:

  • Monitoring and managing customer credit limits and payment terms.
  • Conducting credit checks on new customers and evaluating creditworthiness.
  • Adjusting customer credit status and releasing credit blocks when needed.

Accounts Receivable:

  • Overseeing accounts receivable tasks related to customer payments and collections.
  • Recording customer payments in SAP and reconciling them with outstanding invoices.
  • Addressing customer queries and discrepancies regarding invoices or payments.
  • Managing returns and credit notes issuance and control.

Dunning and Collections:

  • Sending payment reminders to customers for overdue payments and initiating collections for past due accounts.
  • Negotiating payment arrangements and settlements with customers.

Reporting and Analysis:

  • Generating reports on accounts receivable aging, sales order status, and customer balances.
  • Tracking rebates for independent customers and analyzing payments.
  • Providing insights to enhance cash flow and reduce bad debt.

Integration with Other Modules:

  • Collaborating with SAP modules like Sales and Distribution (SD), Finance (FI), and Controlling (CO) for streamlined order-to-cash processes.
  • Maintaining data consistency and accuracy across modules by managing integration points.

Compliance and Audit:

  • Ensuring adherence to accounting standards, company policies, and regulatory requirements for accounts receivable and credit management.
  • Assisting in internal and external audits by providing necessary documentation.

Continuous Improvement:

  • Identifying opportunities for process enhancements and automation in debtor-related tasks.
  • Engaging in SAP system upgrades to drive efficiency.

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