Financial Accounting Coordinator

2 days ago


Bedfordview, South Africa StaffCentral Consulting Full time

**Job Duties/Responsibilities will include**:
Responsible for management of the Foreign & Local Payables Function

Review of foreign and local payables vendor reconciliations

Obtain exchange control approval for all foreign payments

Review and authorization of all foreign payments on banking portal

Assist with the resolution of escalated Vendor queries

Liaison with Receiving and Purchasing Departments to resolve vendor queries

Review of all staff journals and balance sheet reconciliations

Monitor aging of the GRIR accounts

Monitor aging of Creditors ledgers

Authorizing changes to banking details on vendor master data in SAP

Prepare cashflow and balance sheet forecasts as required by Treasury

Management of the Accounts Receivable Function

Review and monitor credit limits for customers

Ensure that guarantees or stand by letters of credit are in place as required

Prepare cashflow and balance sheet forecasts as required by Treasury

Ensure debt is collected as it falls due

Assist with the resolution of debt collection issues

Review of the debtors aging report

Review of all staff journals and balance sheet reconciliations

Management of the Cashbook Processing Function

Management of the cashbook processing

Review of the cashbook allocations and clearing account

Review of all staff journals and bank account reconciliations

B.Com Accounting Degree or similar

5 years experience in an Accounts Receivable/Accounts Payable function

Excellent working knowledge of SAP specifically relating to customer invoicing, cash collections and resolution of customer queries

Ability to monitor customer credit limits in accordance with set company policies

Coordination with Treasury and company bankers to process all foreign payments

Sound working knowledge of Exchange Control Regulations with respect to foreign currency payments and receipts



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