Cape Town City Centre: Debtors Manager – Cape Town posted by Bonafide Human Capital Ltd

Our motor dealership client has a vacancy for a Debtors Manager overseeing the accounts receivable function, ensuring timely collections, accurate reconciliations, and effective credit control to maintain healthy cash flow. Key Responsibilities Management of Accounts Receivable: Oversee the day-to-day activities of the debtors team, ensuring efficient credit control and accurate reconciliations. This includes managing trade debtors, and other accounts. Reporting: Prepare and submit monthly debtors reports, highlighting problem debtors and ensuring that collections targets are met. This involves analyzing age analysis comments and ensuring accuracy. Credit Control: Implement and monitor credit control measures to minimize bad debt exposure. Conduct regular credit assessments of trade debtors and develop debt recovery plans for defaulting customers. Customer Relations: Liaise with customers regarding overdue payments, resolve disputes, and ensure high levels of customer satisfaction. This includes handling billing inquiries and discrepancies. Team Leadership: Supervise and mentor the debtors team, ensuring that all processes related to data capturing, review, and reconciliation are followed correctly. Provide training and support to team members as needed. Compliance and Documentation: Ensure compliance with trade agreements and maintain an up-to-date customer database. Prepare debtors’ statements and ensure timely communication with customers regarding their accounts. Required Skills and Qualifications Experience: A minimum of 3-5 years in a similar debtors or credit control role, with proven experience in managing a full-function debtors/accounts receivable team. Education: A degree in Accounting or Finance is often preferred. Interpersonal Skills: Strong problem-solving abilities, decision-making skills, and excellent communication skills are essential for managing relationships with clients and team members Analytical Skills: Ability to analyze financial data and prepare reports to inform management decisions