Recons & Collections Administrator - Johannesburg, South Africa - Profession Hub

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Verified Company

Johannesburg, South Africa

2 weeks ago

Posted by:

Thabo Mthembu

beBee Recruiter

Purpose:

***- To ensure the company's cash flow is maximized through efficient and effective debt collection and reconciliation

To provide direct guidance and practical recommendations to Head of Finance with regards to improvements to debtors/finance and collection processes and implement accordingly
Responsible for the administrative functions relating to payments made to and by the Company

Minimum requirements:

Attributes:

Computer Skills:

Duties and Responsibilities:

Reconciliation of multicurrency merchant accounts to system. Large book value.
Performing effective debt collection by following processes implemented by the organisation.
Address irregularities identified on thirdparty reconciliation and invoicing.
Maintain accurate records of all debtor and creditor accounts.
Pursue collection on outstanding amounts and provide regular reports
Compile weekly cashflow statements and financial reports as required by Financial Accountants.
Daily analysis of payment processing activity and perform risk assessments through internal control procedures.
Minimize losses on foreign exchange and implementing cost saving measures.
Ensure no critical business processes are compromised.
Ensure third party payment provider requirements are being met.
Ensure card schemes rules and limitations are adhered to.
Ensure a key finger on the pulse in terms of Business cashflow and timeous Alerting to stakeholders in any delay in collections and cashflow impediments.