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Durban North: Senior Creditors Clerk posted by Network Finance

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Job Description

About the Role

Network Finance, a well-established organisation with a head office in Durban, is seeking a competent and efficient Senior Creditors Clerk to join their finance team. The successful candidate will report to the Creditors Supervisor and will be responsible for monitoring, maintaining, reconciling, and reporting on all aspects of creditors.

Key Responsibilities

  • Ensure all creditor statements are received and reconciled in accordance with age analysis.
  • Process supplier payments within agreed credit terms.
  • Perform reconciliations on direct accounts (7, 15, 25, 30, and 45-day accounts).
  • Capture invoices and complete accurate account reconciliations.
  • Reconcile cash accounts and inter-branch (IBT) transactions.
  • Manage drop-shipment creditor and claims reconciliations.
  • Calculate and accurately allocate rebates.
  • Process journals and maintain precise financial records.
  • Prepare EFT payments and ensure correct allocation.
  • Follow up on outstanding invoices, claims, and supplier queries.
  • Liaise with suppliers and internal stakeholders to resolve discrepancies.
  • Maintain accounts payable age analysis and address any variances.
  • Ensure all reconciliations are completed prior to payment deadlines.
  • Support accurate month-end processing, reporting, and filing.
  • Maintain proper documentation and ensure all transactions are accurately recorded.

Requirements

  • Completed Matric
  • 5+ years’ experience in a similar position

Qualifications

  • No specific qualifications mentioned in the original job description.

How to Apply

Click the green “Go Apply” button below to apply directly online with the employer.

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.

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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.

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This information provides general career guidance. Actual salaries and requirements vary by employer.



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