Credit Controller
2 months ago
Job Summary:
Vector Logistics is seeking a skilled Credit Controller to facilitate customer collection targets, manage overdue accounts, and minimize losses. The ideal candidate will have a strong background in finance, excellent communication skills, and the ability to work independently.
Key Responsibilities:
- Generate and dispatch invoices on time to enable timely payment from customers.
- Receive remittance advices from customers and allocate payments accurately.
- Process all discounts and rebates for the Credit Supervisor to release before close of month-end.
- Clear all allocated cash in the General Ledger accounts.
- Prepare stock tolerance journals accurately, matching all debits and credits on the SAP system.
- Prepare General Ledger accounts for authorization and release before statements are issued.
- Run statements on SAP prior to agreed monthly deadlines and distribute to customers.
Customer Administration:
- Maintain compliance to credit limits for each customer and highlight possible non-conformance to the responsible supervisor before they exceed defined limits.
- Liaise with customers to inform them of balances once statements have been distributed, to ensure interim payment is made or to assist with application/documents for increases in credit limits where indicated by the credit analysis report.
- Report on all transactions on 60 days plus to the Credit Manager.
- Process 'stop supply' instructions on SAP where customer non-payment has occurred, ensuring that all necessary instructions and authorizations have been received.
- Liaise with customers to rectify account problems before 'stop supply' instructions are implemented.
- Advise customers when the account has been blocked and ensure that all necessary internal departments are aware of the status of the customer/account.
Claim Processing:
- Investigate pricing claims on SAP, print invoices, and review deals on the system.
- Obtain authorization for valid deals on the prepared pricing cover sheet and distribute within the department.
- Schedule the claim on SAP for pricing where no valid deal exists and provide supporting documentation to the relevant team members for review.
- Manage stock claims (returns, damaged stock, shortage) by initiating the document flow.
- Assess if credit has been passed on queries and, if not, submit supporting documents electronically to the relevant department.
- Ensure stock claims are tracked on SAP and that queries are finalized and cleared within 90 days.
- Manage rejected claims by providing the necessary proof or backup documents to the customer – receive confirmation of payback within 90 days.
Teamwork and Self-Management:
- Take ownership and accountability for tasks and activities and demonstrate effective self-management in terms of planning and prioritizing, and self-motivation.
- Follow through to ensure that quality and productivity standards of work are consistently and accurately maintained.
- Support and drive the business core values.
- Manage colleagues and client's expectations and communicate effectively.
- Demonstrate willingness to help others and 'go the extra mile' to meet team targets and objectives.
- Champion training and development of self and others through utilizing available training resources.
- Participate in and drive regular performance appraisals and ensure that own targets and goals are clear and achievable.
Requirements:
- Matric, Bookkeeping or Finance related Qualification.
- Min 5 years FMCG Experience non-negotiable.
- Must have worked on Large FMCG companies.
- Advanced Excel, MS Outlook.
- Attend to Pricing, Stock claims, Rebates resolution.
- Invoice unpaid resolved timeously.
- Experience liaising with various FMCG divisions and branch management for claim, rejected and payback resolution.
- Forecasting and Cashflow experience.
- Manage order releasing in conjunction with customer credit availability.
- Maintaining and opening of new accounts.
About Us:
Vector Logistics is a leading FMCG company that values its employees and provides a dynamic work environment. We are committed to excellence and strive to be the best in our industry. If you are a motivated and results-driven individual who is passionate about finance and customer service, we encourage you to apply for this exciting opportunity.
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