Credit Controller at Varsity College

Job Purpose:

• Varsity College, an educational brand of The Independent Institute of Education (Pty) Ltd is a registered higher education institution.

The IIE's Varsity College Cape Town campus has a vacancy for a Credit Controller.

Duties and Responsibilities:                                                                                                                                      

Debtors Books, Age Analysis and Debtors Calling

• Telephones account holders on a daily basis
• Assists student's account holders with queries on their accounts by explaining how the statement works
• Conducts follow up calls with account holders of all accounts that have promised to pay on particular dates
• Bank Statement Reconciliation
• Lists student numbers accurately on the bank statement to enable accurate allocation on SAM
• Allocates credit cards accurately for daily banking against the student accounts on SAM
• Lists unallocated payments daily on a spreadsheet to be submitted to the bank for a follow up
• Allocates payment on AX

Suspension and Hand Over Accounts

• Prepares suspension of account documents for all 60 days, 90 days and 120 day overdue accounts
• Prepares hand over documents of students that don€™t pay as promised and those accounts that are over 90 days overdue

Adjustments, Refunds and Credit Balances

• Reviews books of debtors and prepares adjustments, refunds and credit balances for wrong billings, wrong payment allocations, bursaries and transfer students

Statements, Letters and Account Payment Plans

• Prints statements of all accounts
• Prints payment plan spreadsheets
• Prints overdue letters with 90 day statements

Competencies:

• Interpersonal and communications skills
• Problem solving skills
• Best suited to a friendly, organised person who works accurately and is able to handle pressure
• Time management skills

Education:

Minimum Education Requirement:

• Minimum of Higher Certificate/ Occupational Certificate level 5 in Finance

Work Experience:

Minimum Work Experience Requirement:

• Minimum of 3 years credit control experience

Working Conditions:

• EE/AA Position.