Loan Portfolio Accountant at Spartan

Purpose of the Role

• This opportunity requires a self-aware, conscientious, and precise team-player who knows how to maximise revenue assurance, reporting and collections. Manage a complete and accurate billing process. 
• Perform debtors & balance sheet reconciliations and prepare delinquent customer case files for handover to internal legal department.
• The individual will report to the Finance Controller and will work closely with their Finance Team.  

Job Description 

• As the Loan Portfolio Accountant, you will be joining a growing team with the ability to first grow and then master within the role. Then, in the future, provide support to the Finance Team. You will be responsible for ensuring the integrity of the loan portfolios comprising SME clients who have received funding from Spartan SME Finance. This includes preparing billing that is timeously and correctly calculated and captured on the accounting system and then accurately and timeously process collections from the SME clients.

At a high level:

• Ensure the accuracy of drawdown repayment calculations, including Interest on arrears calculations, settlements, and amortisation calculations.
• Maintain these schedules and the subsequent invoicing up to date with interest rate changes and payment changes.

At a more detailed level:

• Balance Sheet reconciliations related to customer accounts 
• Generate invoices and credit notes
• Debtor allocations and reconciliations
• Preparing and reconciling consolidated customer statements and statements for legal accounts.
• Sending invoices with statements and payment reminder emails to customers
• Preparation of collection repayments due to Spartan for debit orders & EFTs
• Management and resolution of unpaid instructions - including notifying the team as early as possible, calling and emailing customers when required to.
• Resolving certain customer queries 
• Reconciliations of debit order bank accounts and general ledger accounts.
• Reconciliation of intercompany transactions (admin recoupment, collections clearing account, origination clearing account, origination income and expense accounts)
• Ensuring customers are on-billed for expenses incurred post deal activation (legal expense recoveries, insurance assets, repairs and maintenance of assets). 
• Notifying Creditors Officer of any intercompany transfers for loading onto the banking system
• Assisting in work overflow where needed.
• Check and release payments when needed
• Work closely with Spartan’s internal Legal Team (including attending internal legal recovery meetings)
• General support to the Finance Team  and ad hoc projects as required

 Minimum Requirements

• Bachelor of Commerce (preferably with a major in Accounting) or equivalent tertiary qualification
• Experience on Microsoft 365, Xero, Microsoft Teams, and Standard Bank Business online an advantage. If no Xero experience, you will be required to complete the Xero advisor certification in your first week.

 Desired Skills & Experience 

• Financial understanding & accuracy  
• Ability to perform financial and leasing calculations – not a production line/data processor but someone who is able to calculate the micro aspects and evaluate the macro aspects of a loan book
• Techno Savvy  
• Analytical mind, organized, precise and meticulous, ability to think on your feet, take initiative, learn quickly, and strive for results 
• Excellent communication skills [verbal and written] 
• Ability to listen, interpret and understand 
• Conscientious, with follow-up & feedback  
• Trustworthy and dependable 
• Problem solver 
• Strong team player 
• Help train others 
• Take responsibility 
• Managing own time efficiently
• Self-awareness 
• Flexible and able to adapt to change 
• OCD and meticulous [with an eye for detail]