Creditors Officer - Umhlanga, South Africa - iKhokha

iKhokha
iKhokha
Verified Company
Umhlanga, South Africa

1 week ago

Thabo Mthembu

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Thabo Mthembu

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Description

Company Description
iKhokha is a place where chance takers become change makers.
At iKhokha, we believe in better. As you'd expect, our pace is fast-moving and ever-changing. We like it that way.

As one of the fastest growing Fintech's in Africa we've built a team of global change-makers who want to make an impact.

If you believe in a better future, be a chance-taker and help us empower small businesses in South Africa.


Are you a financial whiz with a passion for problem-solving? Well, get ready to embark on an exciting journey because the iK finance team is searching for a Creditors Officer.


So, what will you do?
You will assist the Creditors Team Lead with the accurate and efficient management of the company's creditors book.

Comply with company policy with respect to creditors.

Review of system-generated profit share reports sent to large sales channel partners.


In addition to the above, you will:


Procurement:


  • Collect required documentation for creditor onboarding in line with company policy (i.e., purchase orders, supplier quotes, supplier invoices, supplier contracts, proof of banking details, supplier BEE certificates, etc.).
  • Load beneficiary banking details on company's banking profile for Creditors Team Lead review
  • Assist the Creditors Team Lead with filing of all procurement related documents and maintenance of an audit trail of any changes thereto
  • Collate necessary CIPC, SARS and other necessary KYC information required for the company to be onboarded by authorised creditors
  • Raise purchase orders as required for Creditors Team Lead / Finance Operations Manager review and approval. Processing of supplier invoices and credit notes timeously.

Payment:


  • Ensure that payments made to company creditors are accurate and in accordance with contractually agreed terms
  • Load payment runs on company's banking profile for dual release by Creditors Officer & Finance Operations Manager/CFO
  • Review monthly company credit card statements and escalate any unauthorised payments to Creditors Team Lead.

Reporting & Reconciliation:


  • Prepare payment reconciliations between purchase orders & creditor invoices for Creditors Team Lead review. Reconciling of creditors accounts on a weekly and monthly basis to ensure payments are made accurately and in accordance to supplier terms
  • Contact suppliers for outstanding invoices
  • Review open Purchase Orders
  • Match cash book disbursements made to creditors to underlying creditors ledger
  • Generate accrual listings for Creditors Team Lead review
  • Processing of company credit cards to Business Central and reconcile to statement balance on a weekly basis and investigation into any unauthorised payments
  • Assist the Creditors Team Lead in generating the creditors age analysis as presented to the Finance Operations Manager & CFO on a monthly basis
  • Assist the Creditors Team Lead with cash flow and working capital management on an ad hoc basis
  • Review systemgenerated profit share reporting for payment to 3rd party sales channel partners.

Qualifications

  • Business Administration/Finance Degree or Diploma

Deal Breakers:


  • 3+ years' experience leading an accounts payable / creditors department with a minimum book size of R25m plus.
  • Prior experience in a technology, telecoms or largescale retail environment would be favourable.
  • Advanced MS Excel experience would be favourable.
  • Practical experience in MS Dynamics 365 Business Central or similar accounting package would be favourable.

Additional Skills & Knowledge:


  • Be a selfstarter / entrepreneurial and willing to get their hands dirty in a company with a scaleup culture.
  • Be able to handle pressure and adapt to change in a dynamic, rapidly shifting environment.
  • Strong analytical and problemsolving skills and excellent attention to detail.
  • Excellent organizational, communication and negotiation skills.

Additional Information Perks of joining the Tribe?**- Work in a high-growth company with tangible results you're accountable for.

  • Competitive remuneration and benefits, including reduced Gap cover rates. Medical Aid and Group Risk scheme contributions.
  • Visionary leadership.
  • Seize the opportunity for study leave.
  • Access to ondemand learning at your fingertips.
  • Experience a friendly, collaborative culture with a team of allroundlekker humans (it's true, we surveyed our Employees and they told us so).
  • If you find yourself at HQ, coffee on tap and a selection of hot beverages provided by our very own onsite Barista.
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