Credit Administrator - Durban, South Africa - SAFAL Group

SAFAL Group

Verified Company

Durban, South Africa

2 weeks ago

Posted by:

Thabo Mthembu

beBee Recruiter

Description

Debtor's control

Control and reconcile accounts receivable, ensuring debtors accounts are settled timeously and accurately.
Attend to account / customer queries in a timely manner. Investigate and resolve any discrepancies.
Share debtors' balance status information with relevant reps.
Send monthly statements.
Reconcile the accounts receivable ledger and ensure that all receipts are accounted for and allocations are accurate.
Administer debt collection facilitate payment of invoices due by sending reminders and contacting customers to follow up on outstanding accounts.
Timeously flag overdue accounts to relevant staff and management and put these accounts on hold.
Escalation of defaulting debtors to legal department for handover where necessary.
Ensure compliance with all internal controls across business operations. Ensure that all policies and processes are adhered to.
Manage debtor account credit limits within company policy guidelines
Process accounts and receipts in compliance with financial policies and procedures.
Open new accounts after all the necessary validations have been done.
Administer and maintain account details, specifically customer details, discounts, settlement discounts, terms, rebates, etc.
Process credit notes for empty drums and containers.
Perform day to day financial transactions, including verifying, classifying, computing, posting and recording accounts receivables' data. Reporting
Generate accurate reports detailing aging of outstanding accounts and explanation overdue accounts.
Monitoring of accounts to ensure that debts are settled timeously and that accounts are up to date.
Daily, weekly and monthly reporting to management.
Assist with weekly cash flow forecasts relating to debtors.
Provide analysis and reports to management as requested.

Relevant Finance Degree/ Diploma
- beneficial A recognised Finance Qualification

Minimum 3 years relevant experience in a similar position essential In - Solid understanding of Financial processes and practices, accounting principles, fair credit practices and collection regulations