Financial Officer: Settlement at Armscor

QUALIFICATIONS AND EXPERIENCE:

• National Diploma in Commerce with Accounting at 3rd year level. 
• 2 to 3 years in financial environment

KEY RESPONSIBILITIES BUT NOT LIMITED TO:

• Check invoices against the contract conditions to ensure legibility, accuracy and correctness. 
• Check for compliance of invoices to applicable legislation (VAT Act). 
• Perform calculations (rate of exchange, escalations, penalties and short payments). 
• Capture invoices on the system to the average value of R396 million per annum. 
• Selection and printing of payment certificate (MD36). 
• Completion of the payment advice (MBA23). 
• Send proof of payments to service providers on regular basis. 
• Updating of financial information of the order on the system in order to effect payment.
• Identification and processing of problem invoices. 
• Receive amendments and adjust orders accordingly. 
• Reconciliation of creditors’ statements. 
• Compiling of bank letters, loan accounts advices and debtors claims. 
• Compiling and capturing of journals entries for payments and corrections. 
• Compilation of year-end provisions.