Job Description
About the Role
We are seeking an experienced Accounts Receivables Lead to join our team in Durban. As a key member of our finance function, you will be responsible for guiding and supporting a small team of debtors clerks, overseeing the entire AR process, and developing credit control policies and procedures to minimise credit risk and optimise cash flow.
Key Responsibilities
- Team Management: Guide and support a small team of debtors clerks. Provide on-the-job training and mentorship to junior team members.
- Credit Control and Collections: Oversee the entire AR process, from invoice generation to payment collection.
- Invoice Processing and Reconciliation: Ensure accurate and timely processing of customer invoices, identifying opportunities to accelerate invoicing.
- Customer Relationship Management: Assist with the preparation of customer applications, ensuring timely completion. Build and maintain strong relationships with key customers.
- Reporting and Analysis: Monitor and analyse key AR metrics, such as Debtor Age Analysis, DSO, and bad debt provision.
Requirements
- Bachelor’s degree in Accounting, Finance, or related field (advantageous).
- Completed bookkeeping qualification.
- Minimum 3 years of experience in a similar role.
- High level of accuracy and attention to detail.
- Strong understanding of accounting principles and practices related to Accounts Receivable.
- Proficiency in accounting software (e.g., Sage X3), Microsoft Excel, and Google Sheets.
Qualifications
- Formal education/certifications not specified.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Accounting / Finance Jobs in eThekwini
The accounting and finance industry is a vital component of eThekwini’s economy, providing essential services to businesses, governments, and individuals. Generally, job seekers in this field can expect a stable and secure career with opportunities for growth and development. Typically, roles in accounting and finance are found across various industries, including financial services sector, technology industry, manufacturing sector, and public sector.
Salaries for accounting and finance professionals in eThekwini vary widely depending on factors such as experience, company size, and industry sector. Common salary ranges for entry-level positions typically start between R200 000 to R300 000 per annum, while senior roles can range from R500 000 to R800 000 or more. However, these figures are general estimates and actual salaries may vary significantly. It is essential to research the specific job market and industry trends to determine realistic salary expectations.
Common skills required for accounting and finance roles in eThekwini include proficiency in financial software, such as SAP or Oracle; strong analytical and problem-solving skills; excellent communication and interpersonal skills; experience with budgeting, forecasting, and financial analysis tools; a solid understanding of tax laws and regulations; and a degree in accounting or finance. Additionally, many employers require candidates to hold relevant professional certifications, such as the Chartered Accountant (SA) designation.
Accounting and finance professionals can be found across various industries, including financial services sector, technology industry, manufacturing sector, and public sector. The financial services sector is often a major employer of accounting and finance professionals in eThekwini, while the technology industry also provides many opportunities for growth and development. Other industries, such as manufacturing and construction, also require skilled accounting and finance professionals to manage their finances effectively.
Career development opportunities are abundant in the accounting and finance field, with many employers offering training and development programs to help employees advance in their careers. Typically, experienced accountants can move into senior roles or take on leadership positions within their companies. With experience and additional certifications, accountants can transition into management roles, such as financial controller or accountant manager, or pursue career paths in finance consulting or public practice.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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