Accounts Receivable Specialist
1 week ago
We are currently seeking an experienced Accounts Receivable Specialist to join our team on a 6-month contract. This dynamic company has steadily advanced at the executive corporate level.
Job Description:As an Accounts Receivable Specialist, you will be responsible for reconciling customer accounts to optimize cash collection and minimize overdue payments by addressing queries promptly. You'll also cultivate strong relationships with customers, both internally and externally.
Key Responsibilities:- Cash Collection: Set monthly KPIs for collectors and branches, with daily updates and weekly reports to management.
- Overdue Debt Reduction: Establish monthly KPIs for aging debt, prioritize reconciliations, and prepare for debt reduction meetings.
- Payment Allocation: Daily collection of customer remittance advises for accurate allocation.
- Reconcile credit notes with invoices, match unmatched credits before month-end, and aim for zero outstanding cash daily.
- Cash Flow Management: Ensure timely submission of claim documentation for deductions.
- Conduct personal visits and maintain regular contact via phone and email to resolve queries and collect debts.
- Ensure all customers are contacted monthly and update SAP and KPIs post-contact.
- Prepare monthly reconciliations to align with the company's and customer records, escalating issues as needed.
- Submit all adjustments through the designated workflow for approval.
- Download and submit monthly invoices to customer portals and confirm receipt by customers.
- Keep customer contact information updated for accurate auto-emailing.
- Refer overdue debts to collection agencies as per policy.
Qualifications: Completed BCom or Credit control management Diploma
Experience: Minimum 5 years' experience in Manufacturing industry is preferred
Additional skills: 5 years' experience working on SAP would be advantageous Dealing with key accounts like BUCO or Massmart
Salary Estimate: R400,000 - R500,000 per annum (dependent on experience)
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