Job Description
Job Purpose
- Administer the back-office processing and accounting of confidential, with-recourse invoice financing transactions.
- Maintain accurate financial records and ensure operational compliance.
- Liaise with clients debtor controllers, not their debtors.
Key Responsibilities
- Processing: Validate client invoices for financing eligibility.
- Accounting: Post funding, repayments, and fees on Xero and Frontier LMS.
- Reconciliation: Daily and monthly reconciliations of financed invoices and bank accounts.
- Monitoring: Track debtor payments, escalate overdue invoices.
- Client Liaison: Communicate with clients’ finance teams professionally.
- Reporting: Prepare regular client statements and internal management reports.
- Compliance: Ensure transactions follow regulatory and internal policy standards.
- Workflow Management: Coordinate the full invoice financing lifecycle from funding to repayment.
- Record-Keeping: Maintain up-to-date, secure transaction files.
- Continuous Improvement: Recommend enhancements to efficiency and accuracy.
Key Competencies and Skills
- Solid accounting and bookkeeping knowledge (debtors, reconciliations).
- Strong attention to detail and high level of accuracy.
- Analytical approach to problem-solving.
- Proficiency in Xero, Excel, and general IT systems.
- Excellent organizational and time management skills.
- Strong written and verbal communication skills.
- High integrity and respect for confidentiality.
- Customer service orientation (internal and external stakeholders).
- Team player, proactive, adaptable, and willing to learn.
Qualifications and Experience
- Tertiary qualification in Finance, Accounting, or related field (BCom or diploma preferred).
- 12 years experience in accounting, debtors control, or finance administration.
- Experience with Xero (preferred) or other accounting software.
- Exposure to invoice discounting, factoring, or banking industry (advantageous).
- Basic knowledge of financial compliance (e.g., KYC, AML) helpful.
Type of Person
- Detail-oriented, conscientious, and organized.
- Ethical, trustworthy, and discreet.
- Self-motivated and proactive worker.
- Team-oriented with strong collaboration skills.
- Calm under pressure and handles deadlines effectively.
- Professional and positive attitude toward service and learning.
Reporting Line
Reports to the Senior Accountant
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Other Finance/Accounting Jobs in Eastern Cape
The finance and accounting profession is a vital component of the Eastern Cape’s economy, with various industries relying on skilled professionals to manage their financial operations. Typically, these roles involve providing expert advice on financial planning, budgeting, and forecasting, as well as ensuring compliance with relevant laws and regulations. Generally, finance and accounting professionals in the Eastern Cape can expect to find employment in a range of sectors, including government, private enterprise, and non-profit organisations.
When it comes to salary expectations, typically, finance and accounting roles in the Eastern Cape offer competitive compensation packages that vary widely depending on factors such as experience, company size, and industry sector. Common broad salary ranges for these roles include R300 000 – R600 000 per annum for junior positions, with senior roles potentially commanding salaries upwards of R1 million or more. However, please note that these are very general estimates and actual salaries may differ depending on various factors.
Common skills required for finance and accounting roles in the Eastern Cape typically include proficiency in financial software such as SAP or QuickBooks, strong analytical and problem-solving skills, excellent communication and interpersonal skills, attention to detail, and a basic understanding of taxation laws. Additionally, many employers place a premium on candidates with experience in industry-specific software, such as cloud-based accounting systems or enterprise resource planning (ERP) solutions.
The finance and accounting profession is commonly found across various industries in the Eastern Cape, including financial services sector, technology industry, manufacturing sector, and government departments. These roles often require professionals to work closely with colleagues from other departments, making strong communication and collaboration skills essential.
For those interested in pursuing a career in finance or accounting, there are several development opportunities available. Typically, entry-level positions can lead to progression into more senior roles, such as financial analyst or accountant, with experience and additional qualifications. Many employers also offer training programs and professional development opportunities, such as Certified Financial Planner (CFP) certifications or chartered accountancy qualifications. With dedication and hard work, finance professionals in the Eastern Cape can enjoy a rewarding and challenging career.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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