Accounts Receivable Clerk

Who are we?
Sanlam Life and Savings (SLS) is focused on serving our retail and corporate clients in South Africa and further developing our strategic advantages in the South African market. Sanlam Life and Savings consists of three clusters - Sanlam Corporate, Sanlam Retail Mass and Sanlam Retail Affluent. The Sanlam Life and Savings Office provides strategic direction, coordination and support to the three clusters, as well as performing governance oversight that includes assurance provided by second line of defense functions in SLS, to enable us to meet our business objectives. Build a successful career with us
We’re all about building strong, lasting relationships with our employees. We know that you have hopes for your future - your career, your personal development and of achieving great things. We pride ourselves in helping our employees to realise their worth. Through its four business clusters - Sanlam Life and Savings, Sanlam Investment Group, Sanlam Emerging Markets, Santam, as well as MiWay and the Group Office - the group provides many opportunities for growth and development. What will you do?
This role is responsible to support the accurate, timely and complete execution of postings, monitoring and archiving of transactions in Accounts Receivable as per applicable set guidelines. What will make you successful in this role?
Payment Processing
⦁ Assist with extracting Debtors Age Analysis reports to determine the debtors that are overdue for payment, by how long and the different values available on the system for each debtor
⦁ Perform manual clearing of payments once the payment has been matched to the customer invoice on the system and ensure the invoice has been cleared correctly for payment
⦁ Raise a payment on the customer account to post the correct bank statement amount on the debtor balance and to ensure accurate payment is processed by the debtor
⦁ Allocate payments to the invoices on the system to allow for a payment to be reconciled against the invoice and ensure there are no inaccurate clearing of incoming payments being performed
⦁ Carry out investigations on what invoice relates to what payment on the system and follow up with the customers to ensure accurate allocation of payments
⦁ Conduct frequent checks on open balances on the system to ensure all details on the debtor accounts are up to date and there are no outstanding payments
⦁ Perform intercompany postings
⦁ The Accounts Receivable clerk will be required to investigate which invoices the payment relates to by calling the respective customer to obtain feedback on which invoices the payment relates to or by identifying the invoices and matching them to a specific customer account
Relationship
⦁ Work collaboratively with Accounts Payable to ensure vendors are paid on time.
⦁ Work collaboratively with the Account receivable to communicate reasons for unpaid client invoices.
⦁ Work collaboratively with General Accounting teams to understand purchase order issues.
Behavioural Competencies
⦁ Demonstrate ability to manage different levels of complexities in a timely manner
⦁ Must be action oriented
⦁ Must have good interpersonal skills
⦁ Demonstrate good planning skills
⦁ Must be a fast learner
⦁ Should demonstrate resilience
⦁ Must be quick to understand Sanlam operations as well as the technology used Core Competencies Cultivates innovation - Contributing dependently Customer focus - Contributing dependently Drives results - Contributing dependently Collaborates - Contributing dependently Being resilient - Contributing dependently Turnaround time
The Sanlam Group is committed to achieving transformation and embraces diversity. This commitment is what drives us to achieve a diverse, inclusive and equitable workplace as we believe that these are key components to ensuring a thriving and sustainable business in South Africa. The Group's Employment Equity plan and targets will be considered as part of the selection process.