Job Description
The successful candidate will report to the Creditors Supervisor and will be responsible for monitoring, maintaining, reconciling, and reporting on all aspects of the creditors function.
This role is based in Durban North.
Key Responsibilities:
- Ensure all creditor statements are received as per creditors’ Age Analysis
- Ensure suppliers are paid within agreed credit terms
- Reconciliation of direct accounts
- Generate rebates and allocate them according to the rebate schedule
- Reconciliation of Drop Shipment creditors and claims
- Processing of invoices and reconciliation of Account Reconciliation of Cash and IBT (InterBranch Stock Transfer) accounts
- Reconciliation of accounts and followup on short banking
- Resolution of Portal queries, claims and PODs
- Prepare payments for Electronic Funds Transfer (EFT)
- Ensure relevant payments are allocated correctly
- Liaise with suppliers regarding outstanding invoices, claims, and statements
- Liaise with Store Admin Managers and Managers regarding claims, captured data queries, and supplier queries
- Maintain Accounts Payable Age Analysis
- Follow up with stores regarding unprocessed invoices and claims
- Process journal entries
- Reconcile and validate Cash Suppliers invoices and GRVs
- Perform reconciliation of trade creditors to age analysis
- Resolve debit balances and variances on age analysis
- Ensure all creditor reconciliations are completed before payment due dates
- Ensure all payable documents are captured and balanced
- Ensure stress stock purchases balance to imported transactions at monthend
- Ensure filing is done promptly and systematically
- Ensure all monthend charges are allocated correctly and timeously
Job Experience and Skills Required:
- Grade 12 with Mathematics and Accounting
- A Financial Diploma or Certificate
- A minimum of 5 years’ experience in an Accounts Payable environment
- Supervisory experience with the full creditors function (advantageous)
- Strong SAP knowledge (FI, MM, SD) and proficiency in MS Office, particularly Excel and Word
- Experience with OCR scanning and automatic reconciliation (e.g. BEST systems)
- Proven analytical, problem-solving, coaching, and mentoring skills
Apply now!
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If you have not had any response in two weeks, please consider the vacancy application unsuccessful. Your profile will be kept on our database for any other suitable roles / positions.
How to Apply
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About Finance/Accounting Management Jobs in Kwazulu-Natal
In the province of KwaZulu-Natal, South Africa, the finance and accounting management sector is a vital part of the economy, with various industries relying on professionals to manage their financial operations. Typically, job seekers in this field can expect to find opportunities across different sectors, including the financial services sector, technology industry, manufacturing sector, and more. Generally, these roles require individuals who have a strong understanding of financial management principles, regulatory compliance, and business strategy.
Salary expectations for finance and accounting management positions in KwaZulu-Natal vary widely depending on factors such as experience, company size, and industry sector. While salaries can range from R500 000 to over R1 million per annum, it is essential to note that these figures are only general estimates, and actual salaries may differ significantly. It’s also worth noting that bonuses and benefits packages often contribute to the overall remuneration package. Ultimately, salary expectations should be influenced by individual performance, industry standards, and company culture.
Common skills for finance and accounting management roles in KwaZulu-Natal include strong analytical and problem-solving skills, excellent communication and interpersonal skills, experience with financial software and systems, a solid understanding of tax law and regulatory compliance, and the ability to interpret and analyze financial data. Additionally, many successful professionals in this field possess an MBA or equivalent postgraduate qualification, as well as certifications such as CIMA or ACMA.
Industries commonly employing finance and accounting management professionals include those in the financial services sector, technology industry, manufacturing sector, and government departments. These roles often involve managing budgets, forecasting revenue, preparing financial reports, and ensuring compliance with regulatory requirements. While these industries may vary, the fundamental skills required to succeed in this field remain relatively consistent.
Career progression for finance and accounting management professionals typically involves advancing through various roles within a company, such as from financial analyst to senior manager or controller. Opportunities also exist for those seeking to transition into other roles, such as business development or strategy. With experience and further education, individuals can leverage their skills to move into leadership positions or pursue careers in specialized areas like forensic accounting or financial planning.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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