Finance Team Leader

Overview

The primary focus of the Finance Team leader is to manage the debtors and creditors functions within the finance department. The Finance Team leader will play an integral role in supporting the Accounts team with their daily duties alongside the National Operations Finance Manager.

Purpose of the role

• Adherence to Accounts Receivable processes in line with company policies and procedures.
• Operational finance with key focus on Debtors and Processing.
• Manager Debtor Accounts and Creditors Accounts.
• Maintain credit limits/credit terms is set for each account.
• Ensure that Credit limit and Credit terms are adhered and engage with clients and suppliers on any default.
• Maximizing collections and minimizing bad debts.

Duties & Responsibilities

(An overview, but is not limited to the full function of the role)

1. Credit Management:
   • Ensure all divisions are submitting correct invoices as per the agreed timelines and the appropriate method of submission.
   • Ensuring invoices are accurately and timeously been processed.
   • Assisting with supplier queries.
   • Ensure staff is actioning the reconciliation of Debtors and Lodge Card statements via the VCC process.
   • Maximising collections as per agreed payment terms.
   • Manage accounts that are in arrears through a combination of negotiations with customers, agreeing payments arrangements or and hand over to legal for collections.
   • Conduct frequent book reviews with staff.
2. Credit Limit(s):
   • Ensuring that the setting of credit terms and periodic reviewing of credit limits are done.
3. New Client implementation process:
   • Ensure that all finance related requirements of clients are correctly set up in accounting system.
   • Client is notified of account no and finance documents meets the requirements of the client.
   • Testing is done and adopted on finance documents.
   • Inform client accordingly of their contact person that will be handling the account.
   • Hand holding with client for the first month to ensure continuity.
4. Training and Development:
   • In collaboration with HR ensure that training and development needs are met for staff.
   • Ensure that the staff is updated with the latest development with special emphasis on Credit Management.

Skills, Experience and Qualifications

• Good understanding of accounting principles and the administrative processes surrounding this function.
• Communication skills at an appropriate level to facilitate communication with clients / suppliers and team members.
• Accounting qualifications principles/administration.
• 7 years supervisory experience in accounts payable and receivable department.
• MS Windows and MS Office proficiency.

Package and Remuneration

• Attractive package market related, based on experience.

Disclaimer: Should you not receive feedback within two weeks of your application being submitted, kindly note that it means that your application was unfortunately unsuccessful.

Closing date: 25 March 2022