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Durban: Debtors Controller posted by Sharon Nurock Recruitment cc

Debtors Controller

Posted on 2025-02-19

Job Summary

Roles and

Responsibilities:

Report to the Financial Manager:

  • Credit Applications: 
    • Review and vett credit application forms.
    • Ensure new customer accounts are opened accurately and timeously on Pastel.
  • Monitor and Manage Accounts Receivable: 
    • Oversee the accounts receivable process, ensuring:
      • Statements are run no later than the 5th of every month;
      • All accounts are reconciled accurately and timeously, no later than the 8th;
      • Claims and credit notes are processed within the stipulated period; ensuring no claims are older than 90 days;
      • Receipts are allocated and updated accurately and timeously;
      • Month end reports and cash flow is submitted and presented timeously;
      • Electronic and paper filing is always up to date.
  • Client Communication: 
    • Ensure collection targets are met; and cash flow is projected accurately.
    • Variances to forecast must be minimal, investigated and reported.
  • Client Communication: 
    • Maintain regular contact with clients to follow up on outstanding invoices, resolve any issues, and establish payment plans if necessary.
    • Effective communication on discount disallowed, letter of demands.
  • Credit Control:
    • Assess and pre-approve credit limits for new and existing customers, ensuring compliance with company policies.
  • Reporting: 
    • Prepare regular reports on accounts receivable status, such as ageing analysis, collection rates, and outstanding balances, credit limit reviews.
  • Reconciliation: 
    • Ensure all debtors accounts are reconciled no later than the 8th of every month; and reviewed no later than the 10th of every month.
    • Perform key account reconciliations to ensure accuracy and resolve discrepancies within 30 days.
  • Claims: 
    • Ensure all outstanding claims are followed up, and processed accurately and timeously,
    • Ensure no claim is older than 90 days.
  • Risk Management:
    • Identify and mitigate potential risks related to debt collection and provide recommendations for improvement.
  • Ensure all tasks are completed accurately, and timeously, and all deadlines are adhered to.
  • Any other adhoc duties as and when required by the Financial Manager and/or the Directors.

Debtors Controller position available in Kwazulu-Natal, Durban. This job position was posted by Sharon Nurock Recruitment cc. The job has been posted as a char8000 ad on 2025-02-19 at 01:00:43 in the Finance Accounting category

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