Financial Account Manager

1 month ago


Cape Town, Western Cape, South Africa Tower Group Full time
Job Description

We are seeking an experienced Financial Account Manager to join our team at Tower Group.

About the Role

This is a permanent position based in the Northern Suburbs of Cape Town, South Africa.

Key Responsibilities:
  • Daily Duties:
    • Process electronic fund transfers, credit card payments, and cash payments.
    • Allocate and reconcile customer accounts, as well as inter-company debtors for all branches.
    • Update BCB collections progress and perform credit vetting processes for all branches.
    • Open debtors accounts within 30 days after credit vetting approval by the Financial Director (FD).
  • Weekly Duties:
    • Conduct debt collecting activities.
    • Follow up on credit notes and debt collection progress with BCB.
    • Monitor credits balances and overdue accounts.
    • Cash banking activities.
Duties and Responsibilities:

The selected candidate will be responsible for the end-to-end management of the Accounts Receivable department, including:

  • Creating new debtors accounts on Evolution software.
  • Submitting and managing credit vetting processes with BCB for all branches.
  • Processing customer payments and applying them to customer accounts locally and internationally.
  • Managing inter-company debtors' payments for all branches.
  • Reconciling customer accounts to ensure accuracy locally and internationally.
  • Resolving customer billing disputes.
  • Generating and sending statements to customers.
  • FOLLOWING UP WITH CUSTOMERS regarding overdue payments.
  • Maintaining online accounts receivable files and records.
  • Producing monthly management reports for the FD.
  • Assisting with other accounting matters as required.
  • Identifying areas for process improvement and offering solutions.
  • Assisting with year-end procedures and audits.
Requirements and Qualifications:

The ideal candidate should have experience in account receivable management, debt collection, and financial management. A degree in finance or a related field is preferred.

Salary:

The salary for this position is estimated to be between R150,000 - R200,000 per annum, depending on experience.



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