Accounts Receivable Manager

2 weeks ago


Johannesburg, Gauteng, South Africa EMPIRE RECRUITMENT Full time
{"title": "Accounts Receivable Controller", "description": "Key Responsibilities

As a key member of our team, you will play a pivotal role in providing essential support to all stakeholders across our African network.

  • Reconcile allocated Balance Sheet accounts, including Assets, Debtors, and Revenue.
  • Maintain the Fixed Asset Register to ensure accuracy and compliance.
  • Timely and accurate capture of assets, facilitating efficient financial management.
  • Assist with the completion of CIPs for CAPEX projects.
  • Calculate provision for Bad Debt, ensuring financial stability.
  • Responsibility for all Inter-company accounts and confirmations.
  • Set objectives for the accounts receivable team, aligned with departmental goals.
  • Negotiate with clients in cases of non-payment, ensuring positive outcomes.
  • Prepare various financial reports, including monthly, quarterly, and ad-hoc forecasting reports.
  • Accurately and completely transfer Revenue (Invoices) into Pastel from relevant ERP systems.
  • Provide support and training to Accounts Receivable Clerks, fostering professional growth.
  • Ensure adherence to accounting principles by all team members.
  • Stay updated on industry and legislative changes, maintaining compliance.
  • Facilitate accurate reporting and analysis on financial data and metrics, such as cash forecasting and sales statistics.
  • Track and follow up on outstanding payments, ensuring timely collection of revenues due.
  • Conduct credit checks on new and prospective clients, mitigating risk.
  • Implement accounts receivable policies to ensure clients pay on time and collect past-due payments.
  • Create monthly payment collection feedback reports to guide the Finance team.
  • Monitor cash inflows by tracking invoices, deposits, and payment correspondence.
  • Keep customers informed about their accounts through statements and reminders.
  • Compile accounts receivable activities, including ageing reports and cash forecasts.
  • Maintain 90+ day ageing for debtors below 5% of the total.
  • Provide sales reports and reconciliations to support business decisions.
  • Reconcile allocated Bank accounts by reporting deadlines, ensuring accuracy.
  • Assist in local and group audits, maintaining financial transparency and integrity.Requirements

To be successful in this role, you will need:

  • Strong financial management skills.
  • Excellent communication and negotiation skills.
  • Ability to work in a fast-paced environment.
  • Strong analytical and problem-solving skills.
  • Proficiency in financial software and systems.
  • Ability to work independently and as part of a team.
About Empire Recruitment

Empire Recruitment is a leading recruitment agency specializing in finance and accounting roles. We are committed to providing exceptional service and support to our clients and candidates.

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