About the position
Listed firm in manufacturing industry requires seasoned Debtors Clerk to ensure the timeous collection of the banks debtors' book in order to optimise cash flow, minimize risk and reduce outstanding debtor's book to an acceptable level. To ensure the company policies and procedures are adhered to in respect of handling debtor accounts. To alert the management to potential collection problems timely. Main duties: Customer Master Data Management: Credit Management: Accounts Receivable: Dunning and Collections: Reporting and Analysis: Integration with Other Modules: Compliance and Audit: Continuous Improvement: Qualifications A bookkeeping/accounting qualification will be of advantage The successful candidate must be willing and able to work on alternative Saturdays and NOT be a "clock-watcher"! The recruiting process will include Credit and criminal checking and psychometric assessment.
Creation and maintenance of customer master records in SAP.
Updating customer information such as contact details, payment terms, credit limits, and billing addresses.
Monitoring and managing customer credit limits and payment terms.
Performing credit checks on new customers and assessing creditworthiness.
Placing customers on credit hold or releasing credit blocks as necessary.
Managing accounts receivable activities related to customer payments and collections.
Recording customer payments in SAP and reconciling them with open invoices.
Handling customer inquiries and discrepancies related to invoices or payments.
Issuing and controlling returns and credit notes.
Sending dunning letters or reminders to customers for overdue payments and initiating collections activities for past due accounts.
Managing payment arrangements and negotiating settlements with customers.
Generating reports on accounts receivable aging, sales order status, and customer balances.
Controlling rebates for independent customers (monitoring accruals and payments)
Analyzing customer payment trends, collection efficiency, and aging of receivables.
Providing insights and recommendations for improving cash flow and reducing bad debt.
Collaborating with other SAP modules such as Sales and Distribution (SD), Finance (FI), and Controlling (CO) for seamless order-to-cash processes.
Ensuring data consistency and accuracy across modules by maintaining integration points.
Ensuring compliance with accounting standards, company policies, and regulatory requirements related to accounts receivable and credit management.
Supporting internal and external audits by providing relevant documentation and information.
Identifying opportunities for process improvement and automation in debtor-related activities.
Participating in SAP system enhancements and upgrades to improve efficiency.
SAP knowledge will be a strong advantage
By sending your CV along with other additional documents, you give consent to the agency to process and retain your personal information for the current opportunity, as well as for the future opportunities.
Please note that when applying for any position, reference checks will be completed and personal information, as defined in the Protection of Personal Information Act of 2013, will be processed.
In applying for this position, applicants will be deemed to have consented to such processing
Desired Skills:
- SAGE
- Manufacturing
- Debtors reconciliations
- debtors collection
Desired Work Experience:
- 5 to 10 years
Employer & Job Benefits:
- company contribution to provident fund
- profit share
- medical insurance