Debtors Manager

2 weeks ago


Durban, South Africa Indian Ocean Export Company Full time

IOEC is a dynamic, third-generation family export and international brand development business based in Durban. We export leading FMCG, building materials, and general merchandise brands to over 55 countries around the world. Established in 1972, we have associated businesses in several international markets.

We are looking for an energetic and self-motivated professional to join our Finance team as a Debtors Manager. The ideal candidate must have a strong background in managing and controlling an organization's accounts receivable, ensuring that outstanding invoices are paid on time. This role involves maintaining positive relationships with clients and BDMs, monitoring credit limits, implementing effective credit control procedures and managing the debtors team. 

Duties & Responsibilities:

Key responsibilities of the role include the following:

  1. Implement credit control procedures:
  2. Ensure that all Customer Credit Application forms, CGIC cover applications and Internal Credit Limit Application forms are completed. Assist ECs with this when requested.
  3. Debt collection follow up: Review and circulate the debtor Market Report every 2 weeks. Meet with Business Development Managers every two weeks, to review their proposed action on all due debts. Forward all accounts with a debt that is overdue by more than 60 days to the Commercial Director for discussion with Business Development Managers in their weekly meetings. Issue account statements to all clients monthly. Follow up on handed-over debts with the relevant parties.
  4. Debtors - clerical function: Prepare Interest invoices & recoup invoices for various items i.e.: commission receivable, freight recovery, and any additional charges. Relieve Debtors clerk when the need arises.
  5. Agency Sales and Commission Receivables: Calculate Agency sales and claiming commission from suppliers.
  6. CGIC: Administration of Credit Guarantee formalities and policy requirements.

We are looking for someone with the following characteristics:

  • Efficient
  • Resourceful
  • Able to speak their mind.
  • Enjoys confrontation.
  • Takes pride in their work.
  • Able to handle pressure and deadlines.
  • Good decision making skills
  • High EQ

We are looking for someone with the following experience and skills:

  • Diploma in accounting or a related field with a specific focus on debtors.
  • 3 – 5 years’ experience with debtors and credit control
  • Experience in managing a team
  • CGIC Insurance experienc
  • Experience working on Syspro
  • Intermediate Excel

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