Accounts Receivable

4 months ago


Johannesburg, South Africa Genpact Full time

With a startup spirit and 90,000+ curious and courageous minds, we have the expertise to go deep with the world’s biggest brands—and we have fun doing it We dream in digital, dare in reality, and reinvent the ways companies work to make an impact far bigger than just our bottom line. We’re harnessing the power of technology and humanity to create meaningful transformation that moves us forward in our pursuit of a world that works better for people._
- Now, we’re calling upon the thinkers and doers, those with a natural curiosity and a hunger to keep learning, keep growing. People who thrive on fearlessly experimenting, seizing opportunities, and pushing boundaries to turn our vision into reality. And as you help us create a better world, we will help you build your own intellectual firepower._
- Welcome to the relentless pursuit of better._
- Manages the activities of credit approval and credit collection. Develops, implements and maintains systems, procedures, and policies. Recommends credit limits and handles special credit arrangements and problem collection accounts. Oversees analysis of accounts receivable, aging of accounts to determine overdue accounts, and collection procedures. Selects, develops, and evaluates personnel to ensure the efficient operation of the function._

**_ _**
- Key Roles and Responsibilities:_

**_ _**
- _Operationally manage a team of Credit Controllers._
- _Ensure that all policies and procedures are adhered to._
- _Manage and drive performance as per the set targets._
- _Setting Targets and track collection for the team_
- _Setting and Review Key performance indicators_
- _Enhance processes by constantly seeking innovative improvements to improve performance of the team._
- _Releasing of Sales Orders_
- _ITSM Calls for credit notes and FI inovices_
- _Posting AR Documents_
- _Perform month end activities_
- _Early detection, management and escalation of risk to mitigate and/or minimise potential losses_
- _Monthly debtors review with Regions_
- _Manage the company collections process to ensure that company funds are received when they are due_
- _Review collection reports to determine the status of collections and the amounts of outstanding balances._
- _Cultivate and manage objective working relationships with a variety of stakeholders, including end-users_

**_ _**
- Develop policies and procedures_
- _They ensure the evaluation of the credit processing and approval processes and contribute to the incorporation of changes to ensure the financial stability of Dimension Data._
- _They re-evaluate and improve on credit processes such as invoicing, follow up and query management._

**_ _**

**_ _**
- Assess risk_
- _The Team Leader investigates and analyses risks on behalf of Dimension Data for major client accounts._
- _They anticipate developments and identify accounts that will require special attention._
- _They ensure that enough information is obtained to assess the credit worthiness of new and existing clients._

**_ _**
- Manage payments_
- _The Team Leader is responsible for the payments of all creditors’ accounts._
- _They ensure that the cash received from payments are correctly allocated._
- _They ensure the accuracy of payment clearing_
- _Responsible of releasing foreign funds_
- ._

**_ _**
- Query management_
- _The Team Leader deals with payment and all credit related queries received from internal and external clients. They ensure that progress and solutions regarding queries are communicated and implemented in a timely manner._

**_ _**
- Account management_
- _The Team Leader ensures that overdue accounts are collected and ensures the clients are appropriately advised regarding their payment terms._
- _The Team Leader prepares the necessary documentation for legal action._
- _These individuals implement account reconciliation to creditor statements._

**_ _**
- Produce reports_
- _The Team Leader maintains accurate team measurement and performance statistics and ensures the distribution of all credit related reports to the relevant forums._
- _Ensure accuracy and consistency of reports_
- _They also assist in producing Bad debt provision reports monthly and any other adhoc reporting_

**_ _**
- People management_
- _As a team leader, they are responsible for the operational management of the team which includes creating and executing on plans and reporting on the team activities in the required forums._
- _Ensure that individual and team performances meet or exceed set standards_
- _Encourage teams to work together in a spirit of collaboration and embrace continuous learning and idea sharing_
- _They take responsibility for the development and training of their team members and they set and measure performance targets._
- _They ensure that the employees reporting to them are engaged, understand their career opportunities and are rewarded and remunerated according to their performance._
- Knowledge, Skills and Attributes:_
- _Excellent interperson



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