Stellenbosch: Creditors and Costing Team Leader

About the Role

The Creditors and Costing Team Leader is a critical role that requires a highly skilled and experienced professional to lead the creditors function across high-volume and complex supplier base. The successful candidate will be responsible for ensuring accurate allocation of costs, managing consumable stock control processes, and facilitating credit applications.

Key Responsibilities

• Ensure correct allocation of all costs to the appropriate cost codes and cost centres.
• Monitor and compare estimated vs actual costs, ensuring variances are justified and supported by incident logs where applicable.
• Manage consumable stock control processes to minimise waste, shrinkage, and financial loss.
• Review and process creditor invoices for consumables with detailed line-item accountability.
• Execute accurate and timely year-end reconciliation processes in line with SOP requirements.
• Identify and resolve un-recovered costs and implement corrective actions.
• Facilitate all credit applications.
• Manage end-to-end creditors function across high-volume and complex supplier base.
• Validate supplier rates against agreed service level agreements before processing.
• Ensure accurate and timely capturing of invoices, including correct VAT treatment.
• Generate and review cost capture reports and prepare remittance documentation.
• Prepare and execute weekly payment runs.
• Perform detailed month-end reconciliations for all creditor accounts prior to payment release.
• Manage and resolve creditor queries and disputes efficiently and professionally.

Requirements

• Diploma in Management Accounting or equivalent Training in supply chain processes and cost structures
• Advanced Excel proficiency (lookups, data mapping, reporting tools)
• Minimum 3 years experience in the export industry/or a high-volume creditors environment
• Previous QX system experience advantageous
• Advanced Excel skills (essential)

Qualifications

• Formal education/certifications (Bachelor’s, LLB, Matric, etc.)

Salary & Benefits

• Salary: [Salary amount] per annum
• Benefits: [Benefits mentioned in original job description]

Note: As the original job description did not mention salary or benefits, I have left these sections blank. If you would like to add this information, please provide it and I will update the job description accordingly.