Supplier Finance Specialist

2 weeks ago

Cape Town, South Africa Shoprite Full time

Purpose of the Job

We are seeking a dynamic and detail-oriented Supplier Finance Specialist to join our team. The successful candidate will be responsible for the day-to-day operations and management of our supplier finance platform, ensuring seamless transactions and efficient communication between our company and our suppliers. This role requires a combination of financial acumen, technical proficiency, and excellent interpersonal skills.

Job Advert Details Job CategoryFinance Job Objectives

Platform Management:
Oversee the day-to-day operations of the supplier finance platform.
Monitor platform performance and address any issues or discrepancies.
Coordinate with internal teams to ensure data accuracy and integrity within the platform. 

Supplier Communication:
Serve as the primary point of contact for suppliers using the finance platform.
Provide assistance and support to suppliers with platform-related inquiries or concerns.
Facilitate training sessions or workshops for suppliers to optimize platform usage. 

Transaction Monitoring:
Monitor incoming and outgoing transactions on the platform.
Verify transaction details and reconcile discrepancies as needed.
Collaborate with finance and accounting teams to ensure accurate financial reporting. 

Process Improvement:
Identify opportunities to streamline processes and improve efficiency within the platform.
Collaborate with cross-functional teams to implement process improvements and enhancements. 

Documentation and Reporting:
Maintain comprehensive documentation of platform processes and procedures.
Generate regular reports on platform performance, transaction trends, and supplier activity.
Analyze data to identify insights and trends, providing recommendations for optimization

Qualifications

Bachelor's degree in Finance, Business Administration, or a related field. 

Experience

3 years experience, preferably within the finance or procurement industry.

Knowledge and Skills

Strong understanding of financial principles and processes.
Knowledge of SAP supplier payment processes advantageous
Excellent communication skills, with the ability to effectively interact with internal teams and external suppliers.
Detail-oriented with strong analytical and problem-solving abilities.
Proficiency in Microsoft Excel and other relevant software applications.
Ability to work independently and prioritize tasks in a fast-paced environment. 

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