Cash Management Specialist
1 month ago
We are seeking a highly skilled Cash Management Specialist to join our finance team in Cape Town. The successful candidate will be responsible for managing the full credit and collections process, ensuring a healthy cash flow and optimal financial performance of the company.
The role involves:
- Managing the entire credit and receivable account process for a portfolio of accounts.
- Evaluating the creditworthiness and credit limits of new and existing customers through financial analysis, regular credit checks, and payment history review.
- Monitoring customer accounts to ensure timely payments and addressing any delays or discrepancies.
- Formulating strategies to minimize the risk of bad debt, delinquency, non-payment, and late payment customers.
- BUILDING rapport and maintaining positive relationships with customers while effectively mitigating credit risks, ensuring timely collections, negotiating payment terms, and resolving billing queries.
- CORRECTING any discrepancies and issues related to credit control with internal departments such as sales, CSD, and accounts.
- GENERATING regular reports on accounts receivable, focusing on cash flow forecast for collections and credit risk management, highlighting areas of concern or improvement.
To be considered for this role, you should have:
- A Bachelor's degree in finance, accounting, or a similar field or Credit Management 1, 2, 3.
- At least 3-5 years of experience in managing credit and accounts receivables or a similar credit management role.
- Syspro knowledge is advantageous.
- A strong understanding of credit control principles, practices, and regulations.
- Experience with telephonic collections using strong telephonic etiquette.
- Proficiency in using financial software and credit management tools.
- Excellent analytical skills with the ability to evaluate financial information, perform risk assessments, and make informed credit decisions.
- Advanced level Excel skills.
- The ability to implement accounting principles and practices effectively.
- Exceptional attention to detail and accuracy in data entry and documentation.
- Outstanding communication and negotiation skills.
- Strong time management and organizational skills, with the ability to prioritize tasks and meet deadlines.
We offer a competitive salary of R21,000 TCTC, commensurate with your experience and qualifications.
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