Recons & Collections Administrator at Blueion Support Services

Job Description

• To ensure the company’s cash flow is maximized through efficient and effective debt collection and reconciliation.
• To provide direct guidance and practical recommendations to Head of Finance with regards to improvements to debtors/finance and collection processes and implement accordingly.
• Responsible for the administrative functions relating to payments made to and by the Company.

Key Requirements

Experience

• 2–5 years’ experience in credit control and debtors / accounts receivable
• Experience in high-volume transaction environments (e.g. gaming) preferred
• Exposure to gaming collection recons is highly advantageous

Skills & Competencies

• Strong numerical and analytical skills
• High attention to detail and accuracy
• Good understanding of financial controls and reconciliation processes
• Excellent communication
• Ability to work under pressure and meet deadlines
• Proficient in Excel and financial systems
• Experience in the igaming industry

Personal Attributes

• Integrity and high ethical standards
• Problem-solving mindset
• Organized and methodical approach
• Ability to handle sensitive financial information
• Team player with a proactive attitude

Key Responsibilities

• Reconciliation of multi-currency merchant accounts to system. Large book value.
• Performing effective debt collection by following processes implemented by the organisation.
• Address irregularities identified on third-party reconciliation and invoicing.
• Maintain accurate records of all debtor and creditor accounts.
• Proactively follow up on overdue accounts and provide regular reports.
• Compile weekly cashflow statements and financial reports as required by HOD.
• Daily analysis of payment processing activity and perform risk assessments through internal control procedures.
• Minimize losses on foreign exchange and by identifying and implementing cost saving measures.
• Ensure no critical business processes are compromised.
• Ensure third party payment provider requirements are being met.
• Ensure a key finger on the pulse in terms of Business cashflow and timeous Alerting to stakeholders in any delay in collections and cashflow impediments.
• Allocate incoming payments accurately and resolve discrepancies
• Ensure & Maintain up-to-date records of all collection activities

Reconciliation & Reporting

• Ensure all processor reconciliations are accurate and complete
• Identify and escalate discrepancies or suspicious transactions
• Review daily/weekly/monthly reports on collections, outstanding balances, and withdrawals