Supplier Finance Specialist at Shoprite Group of Companies

Purpose of the Job    

• The Supplier Finance Specialist supports the execution of supplier finance activities, ensuring accurate financial transactions, compliance, and effective supplier engagement.
• This role focuses on operational delivery within the supplier finance function, assisting with onboarding, transaction processing, and reporting under the guidance of the Supplier Finance Manager.

Job Objectives    

Financial Operations & Transaction Support

• Process supplier finance transactions accurately and in compliance with company policies and procedures.
• Assist with daily reconciliations between the supplier finance platform and ERP systems to ensure data integrity.
• Investigate and escalate discrepancies or unresolved issues promptly to the Supplier Finance Manager.
• month-end closing activities by preparing transaction summaries and reports.
• Maintain accurate records of all financial transactions for audit and compliance purposes.

Supplier Onboarding & Support

• Coordinate onboarding activities for new suppliers, ensuring all documentation is complete and accurate.
• Provide initial guidance to suppliers on finance processes and platform usage.
• Respond to supplier queries promptly and escalate complex issues to the Supplier Finance Manager.
• Assist in scheduling training sessions for suppliers on platform functionality.
• Monitor onboarding progress and report any delays or issues to management.

Data Management & Reporting

• Capture and maintain supplier finance data accurately in designated systems.
• Generate standard operational and financial reports for review by the Supplier Finance Manager.
• Ensure timely submission of daily, weekly, and monthly reports as required.
• Validate data accuracy before reporting to stakeholders.
• Support ad hoc reporting requests for internal teams and audits.

Compliance & Risk

• Ensure adherence to company policies, regulatory requirements, and internal controls.
• Assist in monitoring compliance with supplier finance agreements and contractual obligations.
• Identify potential risks in transactions and escalate to management for resolution.
• Support implementation of fraud prevention measures and internal audits.
• Maintain confidentiality and security of sensitive financial information.

Stakeholder Coordination

• Liaise with internal teams such as Finance, Credit Risk, and Procurement to resolve operational issues.
• Maintain positive and professional relationships with suppliers through responsive communication.
• Coordinate with IT support for platform-related issues and escalate as needed.
• Assist in preparing presentations or updates for internal stakeholders on supplier finance activities.
• Collaborate with cross-functional teams to ensure smooth execution of supplier finance processes.

Qualifications    

• Diploma in Finance, Business Administration, or related field - (essential).

Experience    

• 2 years’ experience in supplier finance specialist, finance operations, or similar role – (essential).

Knowledge and Skills    

• Exposure to and an understanding of Corporate, Retail, and/or Customer interfacing environment in a similar role (non-sector specific) - (preferred).
• Proficiency in Microsoft Office, especially Excel - (essential).
• Exposure to SAP - (essential).

Closing Date    

• 2026/01/27