Job Description
About the Role
The Debtors Administrator will be responsible for managing the F&I Debtors book, ensuring timely collections on outstanding payments, and maintaining accurate records of all interactions and transactions.
Key Responsibilities
- Distribute monthly statements (Xpertek generated) and (Finance department prepared) to clients.
- Monitor Daily Banking (Main Bank account / F&I Bank account).
- Allocate payments and non-payments on both Xpertek and manually captured deals on Excel.
- Capture monthly interest on Evolve.
- Debit order scoping for all local clients on Xpertek.
- Load debit orders on Business Online for local clients.
- Manage Arrear Accounts: communicate with salespersons / clients regarding late payment and arrear amounts.
- Update and maintain department reports (Arrear Report / Debtors ageings / Bounced Reports) with latest amounts and feedback.
- Prepare and issue Letters of Demand.
- Perform risk analysis on debtors and prepare Repo Clients Files.
- Provide feedback to Sinosure representative on a need’s basis for Sinosure Reporting > 60 days.
- Assist with managing the overall Company’s Debtor book.
- Reconcile accounts and resolve discrepancies with efficiency and professionalism.
- Maintain accurate records of all interactions and transactions.
- Prepare monthly reports of all interactions and transactions.
- Collaborate with finance team to improve processes and ensure alignment with company policies.
- Implement effective credit control procedures to minimize bad debt.
- Build and maintain strong relationships with clients to facilitate prompt payment.
- Assist with ad-hoc creditors payments.
- Match invoices against requisitions, purchase orders, and goods received notes.
- Ensure correct GL account & vendor account is utilized when processing invoices in Account Payable module.
- Apply correct VAT to invoices.
- Prepare and submit creditors reconciliations.
- Timely pay invoices and follow up on AP queries.
- Forward remittance advices to suppliers after completion of payment run.
- File all invoices after payment run according to agreed filing protocols.
Requirements
- BCom in Accounting
- Minimum 5 years experience in a similar role
- Code 8 license
- Proficiency in Microsoft Office
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 Gauteng
In Gauteng, South Africa, the accounting and finance industry is a significant sector, offering various career opportunities for professionals with the right skills and qualifications. Typically, this field is driven by the growth of multinational corporations and local businesses in industries such as technology, financial services, and manufacturing. As a result, job seekers can expect to find a diverse range of roles available, from entry-level positions to senior leadership roles.
When it comes to salary expectations, accounting and finance professionals in Gauteng can generally expect to earn salaries that fall within broad ranges. Typically, salaries for entry-level roles start around R400 000 – R600 000 per annum, while more senior roles can command salaries ranging from R1 million to over R3 million per annum, depending on factors such as experience, company size, and industry sector. However, it’s essential to note that these are broad ranges, and actual salaries may vary widely.
Common skills required for accounting and finance roles in Gauteng include strong technical knowledge of financial management principles, analytical and problem-solving skills, attention to detail, effective communication skills, and proficiency in financial software and systems. Additionally, many employers also value candidates with experience in budgeting, forecasting, and financial analysis. In some cases, a degree or diploma in accounting, finance, or a related field may be required.
Industries that commonly employ accounting and finance professionals in Gauteng include the financial services sector, technology industry, manufacturing sector, and public sector entities. These sectors require skilled professionals to manage their finances, prepare budgets, and provide strategic guidance on financial matters. Job seekers can expect to find opportunities across these sectors, from small businesses to large multinational corporations.
For those interested in pursuing a career in accounting or finance, there are many development opportunities available. Typically, professionals in this field can progress to senior roles, such as financial manager or director of finance, after gaining relevant experience and developing their skills. Additionally, many employers offer training programs and mentorship opportunities to support the career development of their employees.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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