Creditors Supervisor
2 weeks ago
Network Recruitment is seeking a skilled Creditors Supervisor to join our client's finance team in the property sector. As a Creditors Supervisor, you will be responsible for overseeing the entire credit granting process, ensuring the consistent application of credit policies, and evaluating the creditworthiness of potential clients. Your goal will be to optimize the balance between company sales and bad debt losses.
Key Responsibilities:
- Capture Invoices: Assist with invoice capture as needed, manage and analyze overdue items (60+ days), investigate unpaid items, and collaborate with relevant departments.
- Payment Cycles: Ensure adherence to payment deadlines, review EFT payment batches for accuracy and compliance, save soft copies of final EFT batches as proof of payment, and coordinate payment summaries for amounts over R350k by 10:00 on Wednesdays.
- Procurement: Oversee compliance with procurement policies for supplier approvals, maintain vendor records, and BEE reporting requirements.
- General Ledger: Assist with month-end reconciliations of creditors control and manage the general accrual process.
- Bank and Cash Management: Ensure all ad hoc payments are communicated and reconciled, clear bank reconciliation items promptly, correct and communicate any returned supplier payments.
- Reviewing and Reconciliation: Ensure correct allocation and VAT treatment by credit clerks, validate invoices against the invoice register, coordinate completeness of monthly supplier statements, review creditor reconciliations for accuracy, and ensure compliance with payment documentation requirements.
- Monthly Reporting: Run creditors age analysis reports post-pay cycles and ensure proper capture of ad hoc payments in the system.
Requirements:
- Completed Finance Degree or Diploma
- 2 - 4 years experience in a similar position
- Advanced Excel experience
About Network Recruitment:
Network Recruitment is a leading recruitment agency specializing in finance and accounting placements. We pride ourselves on delivering exceptional service and expertise to our clients and candidates.
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