Debtors Manager at Unique Personnel

Job Summary:

• The Credit Manager is responsible for overseeing and managing all aspects of the company's accounts receivable functions. This role involves leading a team, ensuring accurate and timely processing of financial transactions, implementing and maintaining effective internal controls, and collaborating with other departments to optimize financial processes.

Key Responsibilities:

Supervision and Leadership:

• Lead and manage a team of 12 Debtors Administrators and 2 Debtors Supervisors, providing guidance, support, and training as needed.
• Foster a positive and collaborative work environment to ensure the team's success.

Accounts Receivable Management:

• Oversee the invoicing process, ensuring accuracy and timeliness of customer reconciliations and query resolution.
• Monitor and manage customer accounts, ensuring timely collections and resolution of outstanding issues.
• Collaborate with internal and external stakeholders to manage and resolve queries and disputes.

Maintain effective credit and collections policies.

• Internal Controls and Compliance:
• Establish and enforce internal controls to safeguard company assets and ensure compliance with internal policies and procedures
• Regularly review and update AR processes to mitigate risks and improve efficiency.

Reporting and Analysis:

• Prepare and analyze AR reports for management, highlighting key performance indicators and areas for improvement.
• Provide insights and recommendations to improve cash flow and working capital management.

System Implementation and Optimization:

• Collaborate with the IT department to implement and optimize AR systems.
• Stay updated on industry best practices and technology solutions to enhance financial processes.
• Cash flow management
• Achieving efficient cash collection from customers on a daily, weekly, and monthly basis according to customer terms, while maintaining a balance between cash inflow and outflow. (Work closely with the Creditors Manager in terms of out flow)

Customer Credit limit management

• Daily Management of customer Credit limits. Assessment based on previous spending behaviour, payment records, and current exposure.

Cross-Functional Collaboration:

• Collaborate with Claims and creditors department to streamline end-to-end processes with the understanding of how the departments interlink.
• Collaborate with other internal departments to streamline end-to-end processes.

Inherent Requirements    

• Completed Matric (a must)
•  Bachelor's degree in Finance, Accounting, or related field. (Advantageous)
• SAP (Advantageous)
• Computer literate and experience in Excel.
• Minimum of 5 years of experience in a similar role, with progressive responsibilities.
• Proven experience in managing accounts receivable functions.
• Strong leadership and team management skills.
• In-depth knowledge of financial processes, internal controls, and regulatory compliance.
• Excellent communication and interpersonal skills.
• Proficiency in accounting software and ERP systems.
• Analytical mindset with the ability to identify and implement process improvements.
• Understand age analysis of accounts and understand general ledger structures.
• Excellent professional work standard.
• Ability to work under pressure, multitask and prioritize tasks.
• Problem solving skills.
• Excellent time management and organisational skills.
• Attention to detail and high level of accuracy.
• must have own reliable car, able to travel, and possess valid driver’s licence.