Debtors Team Leader at Famous Brands

About the position

Manage customer credit risk, within set terms and accounts receivable [URL Removed] verify and resolve customer financial claim. Provide senior management with financial information relating to accounts receivable.

• Supporting 2 x Credit Controllers in their daily responsibilities.
• Ensuring that Credit Terms are adhered too, so as to minimise risk to the company.
• Ensure collections are processed on time and accurately, based on remittances from customers.
• Opening of accounts for New Stores and Change of Hands.
• Manage Cash Flow projections and setting collection targets for each credit controller.
• Weekly and Monthly Cash flow forecast against Actual tracking.
• Checking and Releasing of Debit Orders as required.
• Manage month-end procedures for Accounts Receivable.
• Prepare monthly regional debtors report and statistical data.
• Reconcile and review all customer account open item reconciliations to ensure accuracy of reconciliations and payments to agreed credit terms.
• Manage and maintain customer mater data audits and FIS alignment to ensure accurate reporting.
• Ensure that records are kept of all Breaks, credit notes, AOD's, and declarations received.
• Review Age analysis with regional management weekly and act on default customers.
• Provide legal department with applicable information and advice required to ensure timeous action be taken.
• Review monthly legal report and update comments on Acknowledgements of debts, letters of demands, monitoring payments and outstanding balances.
• Assist external auditors at year-end including preparation of schedules, invoices, explaining supporting documentation and procedures.
• Implement any necessary controls and ensure policies and procedures are adhered to.
• Assist with ad hoc projects as and when required.
• Endeavor to maintain audit standards and internal controls within the department.
• Ensuring a strong relationship with franchisees and being able to give accurate and responsible feedback on credit risk and recovery of delinquent franchisees, by also ensuring a close relationship with the Operations team.
• Ensuring KPA's are set for the debtors team.

Desired Skills:

• Excel skills must be extensive -
• Ability to meet deadlines -
• Good organizational skills -
• Good communication skills -
• Attention to detail -
• Disciplined
• pro-active and flexible -
• Supervision of staff -
• A team player with strong leadership ability -
• Must be able to work overtime

Desired Work Experience:

• 5 to 10 years Team Leader & Supervisor

Desired Qualification Level:

• Grade 12 / Matric