Johannesburg: Debtors Administrator

About the Role

The Debtors Administrator will play a crucial role in managing the F&I Debtors book, ensuring timely collections on outstanding payments, and maintaining accurate records of all interactions and transactions.

Key Responsibilities

• Distribution of monthly statements (Xpertek generated) and (Finance department prepared) to clients.
• Monitor Daily Banking (Main Bank account / F&I Bank account).
• Allocation of payments and non-payments on both Xpertek and manually captured deals on Excel.
• Monthly interest capture on Evolve.
• Monthly debit order scoping for all local clients on Xpertek.
• Monthly debit order loading on Business Online for local clients.
• Arrear Account Management: Communication with respective salespersons / clients in respect to late payment and arrear amounts.
• Updating and maintaining department reports (Arrear Report / Debtors ageings / Bounced Reports) with latest amounts and feedback.
• Preparation and issue of Letters of Demand.
• Perform risk analysis on debtors and preparation of Repo Clients Files.
• Sinosure Reporting > 60 days Feedback provided to Sinosure representative on a need’s basis.
• Assisting with managing the overall Companys Debtor book.
• Ensuring timely collections on outstanding payments.
• Reconciling accounts and resolving discrepancies with efficiency and professionalism.
• Maintaining accurate records of all interactions and transactions.
• Preparing monthly reports of all interactions and transactions.
• Collaborating with finance team to improve processes and ensure alignment with company policies.
• Implementing effective credit control procedures to minimize bad debt.
• Building and maintain strong relationship with clients to facilitate the prompt payment.
• Assisting with adhoc creditors payments.
• Ensuring invoices are matched against requisitions, purchase orders and goods received notes with reference to quantities, quality, description and price.
• Ensuring invoices are matched against approved requisitions, purchase orders and goods received notes with reference to quantities, quality, description and price.
• Ensuring invoices related to contracts agree to the contract.
• Ensuring the correct GL account & vendor account is utilized when processing invoices in Account Payable module.
• Ensuring that the correct VAT is applied to invoices.
• Preparation and submission of creditors reconciliations.
• Timeous payment of 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 the agreed filing protocols.
• Maintain a good relationship with finance department.
• General administrative duties and special project work as required.

Requirements

• BCom in Accounting
• Minimum 5 years experiences in similar role
• Code 8 license
• Proficiency in Microsoft Office

Qualifications

• (No qualifications mentioned in the original job description, so this section will be skipped)

Salary & Benefits

• (Salary and benefits information not mentioned in the original job description, so this section will be skipped)