Cash and Banking Recon Clerk at The Shoprite Group of Companies

Purpose of the Job    

• The purpose of the Cash and Banking Recon Clerk is to efficiently process and effectively reconcile accounts in line with the financial portfolio (I.e., debtors, creditors, dividends, etc.).  This role provides administrative support to the finance function including the collection of debt, whilst applying in-depth financial reconciliation knowledge to assist and liaise with debtors in recovering and reducing outstanding debt.

Job Category    
Finance
Job Objectives    

• Account for and reconcile all debtor transactions and records within the payment term period.
• Prepare for and ensure that all the required debtors’ transactional data (including month-end journals), are received on time and accurately captured into the debtor’s ledger and processed, whilst maintaining inflexible deadlines.
• Follow up on outstanding payments that are outside of normal terms.
• To identify and allocate all members liable (for customers) accounts.
• Review Month-Age Analysis and action the necessary corrective measures to limit doubtful debt.
• Ensure transactions are properly recorded and entered into the computerized accounting system I.e., SAP Finance.
• Maintain the computerized accounting system and financial files and records.
• Maintain the accounts receivable systems in order to ensure complete and accurate records of all funds. Maintain and support customers with good customer etiquette on any job-related inquiries

Qualifications    
Essential

• Grade 12
• National Diploma in Financial Accounting or related field

Experience    
Essential

• 1 years experience as a Debtors’ Reconciliation Clerk or similar role with in-depth knowledge of reconciling accounts, core administrative support, and processing of complex recon data
• Practical experience and in-depth knowledge of Debtors' Accounting principles including general ledger and journals

Advantageous

• Retail cash reconciliation experience
• Knowledge and Skills    

Essential

Strong understanding and practice of good client care including telephone etiquette

• Demonstrates understanding of high-level accounting and mathematics 
• Practical knowledge of O365 with a strong proficiency in Microsoft Excel

Desired

• Practical experience in SAP Finance (Desired)