Accounts Receivable Clerk (Fixed Term Contract) - Bellville at Sanlam Group

What will you do?
This role is responsible to support the accurate, timely and complete execution of postings, monitoring and archiving of transactions in Accounts Receivable as per applicable set guidelines. 

What will make you successful in this role?

• Payment Processing
• Assist with extracting Debtors Age Analysis reports to determine the debtors that are overdue for payment, by how long and the different values available on the system for each debtor
• Make follow-ups with the clients, through calls and emails, on any outstanding debts, prioritising on the age and size of the debt, and ensure all dunning notices have been responded to appropriately
• Perform manual clearing of payments once the payment has been matched to the customer invoice on the system and ensure the invoice has been cleared correctly for payment
• Raise a payment on the customer account to post the correct bank statement amount on the debtor balance and to ensure accurate payment is processed by the debtor
• Allocate payments to the invoices on the system to allow for a payment to be reconciled against the invoice and ensure there are no inaccurate clearing of incoming payments being performed
• Carry out investigations on what invoice relates to what payment on the system and follow up with the customers to ensure accurate allocation of payments
• Conduct frequent checks on open balances on the system to ensure all details on the debtor accounts are up to date and there are no outstanding payments
• Perform intercompany postings
• The Accounts Receivable clerk will be required to investigate which invoices the payment relates to by calling the respective customer to obtain feedback on which invoices the payment relates to or by identifying the invoices and matching them to a specific customer account

Relationship

• Work collaboratively with Accounts Payable to ensure vendors are paid on time.
• Work collaboratively with the Account receivable to communicate reasons for unpaid client invoices.
• Work collaboratively with General Accounting teams to understand purchase order issues.

Qualification and Experience

• Advanced Diploma in Commerce, Accounting or Finance or relevant field from a recognised institution
• 1 year of solid understanding of basic accounting principles, fair credit practices and collection regulations
• 1 year knowledge and understanding of accounts receivables, payment applications and invoicing
• 1 year experience with a relevant financial management system
• 1 year in-depth knowledge of credit authorisations, billing and collections procedures and practices

Behavioural Competencies

• Demonstrate ability to manage different levels of complexities in a timely manner
• Must be action oriented
• Must have good interpersonal skills
• Demonstrate good planning skills
• Must be a fast learner
• Should demonstrate resilience
• Must be quick to understand Sanlam operations as well as the technology used