Financial Accountant

1 month ago


East Rand, South Africa Network Recruitment Full time

**Key Responsibilities**

 

  • Cash Collection: Achieve monthly cash collection targets by tracking performance, and reporting on KPIs weekly, ensuring timely cash inflows for the company.
  • Overdue Debt Reduction: Reconcile customer accounts, prioritize debt reduction efforts, and prepare for monthly debt reduction meetings to minimize financial losses.
  • Payment Allocation: Accurately allocate customer payments and credit notes, reconcile unmatched credits, and ensure all unapplied cash is cleared by month-end, maintaining financial accuracy.
  • Customer Contact & Correspondence: Maintain regular communication with customers via calls, emails, and visits to resolve queries and collect outstanding debts, fostering strong customer relationships.
  • Debt Reconciliations: Reconcile customer accounts monthly, escalating discrepancies when needed and ensuring timely resolution, upholding financial integrity.
  • Credit Requests & Adjustments: Process credit adjustments and refunds in accordance with company procedures and approval workflows, ensuring compliance.
  • Invoice Management: Download and submit invoices via customer portals and ensure customers receive accurate billing and statements on time, maintaining customer satisfaction.
  • Ad Hoc Duties: Manage overdue debt with external collection agencies, prepare bad debt write-offs, monitor orders on hold, and collaborate with other teams to drive improvements, enhancing overall efficiency.

Qualifications & Experience: Completed Matric with relevant certificates in Credit Management. 5 years of experience in a credit control or similar role. Experience working with retail clients such as Massmart and BUCO. Proficiency in financial software: SAP is non-negotiable. Ability to manage multiple tasks and meet deadlines.


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