Debtors Team Leader at Famous Brands
Famous Brands
- Undisclosed
- Permanent Senior position
-
Durban North
- Posted 26 Mar 2024 by Famous Brands
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Job 2558634
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:
Famous Brands
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