Debtors Manager

Description:

Leverage your financial expertise to excel as a Debtors Manager. Enhance accuracy in financial tasks and actively participate in significant projects within the organization. Elevate your career by embracing additional responsibilities and seizing opportunities to advance within your current role. Job & Company Descriptions:
Are you ready to mold your future? Join our esteemed clients as they navigate their financial paths. We seek a passionate Debtors Manager to infuse our team with renewed energy and dedication.

As the Debtors Manager you will be responsible for the below:

• Motivate and inspire the AR team.
• Aid staff in developing payment agreements.
• Regularly conduct Experian System checks.
• Ensure AR targets and deadlines are met and promptly address customer inquiries.
• Conduct bi-annual credit balance testing using agreed methods.
• Apply correct balances and adhere to legal requirements for increases.
• Generate reports on over and under trading accounts.
• Oversee the Experian System.
• Coordinate with company lawyer for handovers and change of ownership.
• Review Payment Plans with Financial Controller for approval.
• Manage Legal Cost vs Debt Ratio and oversee the Flowlines system.
• Compile the Bad Debt provision on a monthly basis.
• Ensure subordinates apply correct discount rates.
• Oversee the discount variation policy.
• Manage discount and Rebate accruals in the General Ledger.
• Handle Rebate payments.
• Ensure subordinates manage credit card cost recharges.
• Maintain the Rebate register accurately.
• Ensure staff follows the correct process for filing new applications.
• Validate credit applications for accuracy and completeness.
• Verify Surety details and special arrangements.
• Manage Inter-Company Accounts Receivable and rechargeable Accounts Receivable.
• Ensure all ICO charges are completed and filed.
• Charge all sundry Accounts Receivable appropriately.
• Ensure Credit Staff adhere to agreed KPI ticket processing.
• Assist in resolving complex credit cases.
• Support the Financial Controller in ad hoc projects.

Job Experience and Skills Required:
Completed Bcom in Accounting and related field .
5+ years’ experience in a similar role in finance.
Must be able to manage a team.

If you are interested in this opportunity, please apply directly. For more finance jobs, please visit www.networkrecruitment.co.za .
If you have not had any response in two weeks, please consider the vacancy application unsuccessful.
We also invite you to contact us to discuss your next career move in finance!

Requirements:

• Motivate and inspire the AR team.
• Aid staff in developing payment agreements.
• Regularly conduct Experian System checks.
• Ensure AR targets and deadlines are met and promptly address customer inquiries.
• Conduct bi-annual credit balance testing using agreed methods.
• Apply correct balances and adhere to legal requirements for increases.
• Generate reports on over and under trading accounts.
• Oversee the Experian System.
• Coordinate with company lawyer for handovers and change of ownership.
• Review Payment Plans with Financial Controller for approval.
• Manage Legal Cost vs Debt Ratio and oversee the Flowlines system.
• Compile the Bad Debt provision on a monthly basis.
• Ensure subordinates apply correct discount rates.
• Oversee the discount variation policy.
• Manage discount and Rebate accruals in the General Ledger.
• Handle Rebate payments.
• Ensure subordinates manage credit card cost recharges.
• Maintain the Rebate register accurately.
• Ensure staff follows the correct process for filing new applications.
• Validate credit applications for accuracy and completeness.
• Verify Surety details and special arrangements.
• Manage Inter-Company Accounts Receivable and rechargeable Accounts Receivable.
• Ensure all ICO charges are completed and filed.
• Charge all sundry Accounts Receivable appropriately.
• Ensure Credit Staff adhere to agreed KPI ticket processing.
• Assist in resolving complex credit cases.
• Support the Financial Controller in ad hoc projects.