Creditors Supervisor

1 month ago


Johannesburg, Gauteng, South Africa Network Recruitment Full time
Job Title: Creditors Supervisor

Network Recruitment is seeking a diligent and experienced Creditors Supervisor to lead their accounts payable team and ensure smooth payment processes.

Key Responsibilities:
  • Accounts Payable Management
    • Assist with invoice capturing on an ad-hoc basis and approve workflows in Oracle.
    • Ensure invoices are captured with correct VAT treatment and allocations.
    • Validate invoices against the register and review supplier reconciliations for accuracy.
    • Ensure adherence to company policy for payment submissions (invoice, PO, budget tracker, statement).
    • Ensure payments are made only on properly approved invoices.
    • Regular meetings with administrators and clerks to resolve long-outstanding reconciliation issues.
    • Run and review creditors age analysis reports and manage overdue items.
  • Supplier and Database Management
    • Build and maintain comprehensive supplier databases.
    • Conduct vendor documentation audits, ensuring compliance with BEE and other regulatory requirements.
    • Establish and maintain strong supplier relationships through regular meetings.
  • Payment Cycles and Reporting
    • Oversee payment cycle deadlines and review EFT payment batches for accuracy.
    • Maintain records of final EFT batches as proof of payment.
    • Coordinate high-value payment summaries.
  • Procurement Oversight
    • Ensure adherence to procurement policies, manage supplier approvals, and maintain procurement databases.
    • Oversee vendor maintenance and ensure BEE reporting requirements are met.
  • General Ledger and Bank Reconciliations
    • Assist with month-end creditor control recons and investigate variances.
    • Manage general accrual processes and ensure bank recon items are cleared timely.
    • Resolve issues related to returned supplier payments in coordination with relevant departments.
Qualifications and Experience:
  • Degree in Accounting or Finance Related
  • 7 years proven experience in a similar role overseeing accounts payable or creditors management.
  • Strong understanding of accounting principles and VAT regulations.
  • Proficiency in Oracle or similar financial systems.
  • Excellent communication and leadership skills.
  • Ability to manage and prioritize tasks in a high-pressure environment.

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