Creditors Officer

**Company Description**
iKhokha is a place where chance takers become change makers.
At iKhokha, we believe in better. As you'd expect, our pace is fast-moving and ever-changing. We like it that way. As one of the fastest growing Fintech's in Africa we've built a team of global change-makers who want to make an impact. If you believe in a better future, be a chance-taker and help us empower small businesses in South Africa.

Are you a financial whiz with a passion for problem-solving? Well, get ready to embark on an exciting journey because the iK finance team is searching for a Creditors Officer.

**So, what will you do?**

You will assist the Creditors Team Lead with the accurate and efficient management of the company’s creditors book.

Comply with company policy with respect to creditors.

Review of system-generated profit share reports sent to large sales channel partners.

**In addition to the above, you will**:
**Procurement**:

- Collect required documentation for creditor onboarding in line with company policy (i.e., purchase orders, supplier quotes, supplier invoices, supplier contracts, proof of banking details, supplier BEE certificates, etc.).
- Load beneficiary banking details on company’s banking profile for Creditors Team Lead review
- Assist the Creditors Team Lead with filing of all procurement related documents and maintenance of an audit trail of any changes thereto
- Collate necessary CIPC, SARS and other necessary KYC information required for the company to be onboarded by authorised creditors
- Raise purchase orders as required for Creditors Team Lead / Finance Operations Manager review and approval. Processing of supplier invoices and credit notes timeously.

**Payment**:

- Ensure that payments made to company creditors are accurate and in accordance with contractually agreed terms
- Load payment runs on company’s banking profile for dual release by Creditors Officer & Finance Operations Manager/CFO
- Review monthly company credit card statements and escalate any unauthorised payments to Creditors Team Lead.

**Reporting & Reconciliation**:

- Prepare payment reconciliations between purchase orders & creditor invoices for Creditors Team Lead review. Reconciling of creditors accounts on a weekly and monthly basis to ensure payments are made accurately and in accordance to supplier terms
- Contact suppliers for outstanding invoices
- Review open Purchase Orders
- Match cash book disbursements made to creditors to underlying creditors ledger
- Generate accrual listings for Creditors Team Lead review
- Processing of company credit cards to Business Central and reconcile to statement balance on a weekly basis and investigation into any unauthorised payments
- Assist the Creditors Team Lead in generating the creditors age analysis as presented to the Finance Operations Manager & CFO on a monthly basis
- Assist the Creditors Team Lead with cash flow and working capital management on an ad hoc basis
- Review system-generated profit share reporting for payment to 3rd party sales channel partners.

**Qualifications**
- Business Administration/Finance Degree or Diploma

**Deal Breakers**:

- 3+ years’ experience leading an accounts payable / creditors department with a minimum book size of R25m plus.
- Prior experience in a technology, telecoms or large-scale retail environment would be favourable.
- Advanced MS Excel experience would be favourable.
- Practical experience in MS Dynamics 365 Business Central or similar accounting package would be favourable.

**Additional Skills & Knowledge**:

- Be a self-starter / entrepreneurial and willing to get their hands dirty in a company with a scale-up culture.
- Be able to handle pressure and adapt to change in a dynamic, rapidly shifting environment.
- Strong analytical and problem-solving skills and excellent attention to detail.
- Excellent organizational, communication and negotiation skills.

**Additional Information** Perks of joining the Tribe?**
- Work in a high-growth company with tangible results you're accountable for.
- Competitive remuneration and benefits, including reduced Gap cover rates. Medical Aid and Group Risk scheme contributions.
- Visionary leadership.
- Seize the opportunity for study leave.
- Access to on-demand learning at your fingertips.
- Experience a friendly, collaborative culture with a team of all-round-lekker humans (it’s true, we surveyed our Employees and they told us so).
- If you find yourself at HQ, coffee on tap and a selection of hot beverages provided by our very own onsite Barista.