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    Creditors Lead - Durban, South Africa - Platinum Recruitment Solutions

    Platinum Recruitment Solutions
    Platinum Recruitment Solutions Durban, South Africa

    1 day ago

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    Description

    Job Purpose:

    The purpose of this role is to manage the Creditors Team and Creditors function for the Organizations Group of Companies

    Responsibilities:

    • Managing the Creditors Team and Providing guidance to Creditors Clerks
    • Reviewing of payments to supporting reconciliation and sign off the validity and accuracy of reconciliations.
    • Monitoring the payment inbox – i.e. Ensuring that the team is effectively maintaining payment requests.
    • Loading of creditor payments for banking
    • Completion of credit applications and liaising with the legal department for the finalisation of creditor onboarding
    • Assisting in the resolution of complex and aged creditor queries
    • Ensuring that the team is processing accurately with regards to GL Allocations and Dimensions
    • Reviewing of Creditor Age Analysis, GRNI and Creditor Stats
    • Prepare and process supplier rebates.
    • Conducting regular reviews of suppliers (Terms, rebates, structure etc)
    • Driving effective Working Capital Management (maximise rebates, analyse purchasing behaviour for consolidations/effective procurement, drive conversion of cash suppliers to credit)
    • Assist in the preparation and submission of audit queries/file.
    • Month end review of expenses against Budget/Forecast
    • Formulate policies and procedures to ensure timely payment to Creditors.
    • BBBEE – Collate and drive the collection of Supplier BBBEE certificates and formulate associated reports.
    • Compile training schedules for the Group and assisting HR with EE Audits
    • Drive automation and application of best practice in the team.
    • Ad hoc – any reasonable request from management on projects when required
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