Overview
Debtors Manager Jobs in Sandton, South Africa at Bluespec Holdings
JOB PURPOSE
Achievement of monthly collections targets
Adhere to monthly targets forecasted calculated according to Group Standards.
Ensure collections targets are met monthly and debtors ageing is within accepted parameters.
Ensure Bordereaux statements are accurate and sent out timeously.
Ensure outstanding items on the debtors recon are minimal.
Optimize cash flows.
Liaise with verifications head of departments to ensure continuous cash flow.
Ensure allocations are done correctly and timeously.
Manage and control costs
Ensure that credit notes and losses are minimized.
Ensure the correct billing occurs and that all discrepancies and irregularities are analysed and rectified.
Check all credit notes passed on AP and AR before approval/decline and ensure effective communication of these adjustments to the creditors team.
Justify reasons for not keeping to SLA to ensure bad debt is minimized until clean-up is completed.
Creating internal controls to deliver efficient processes and systems
Maintain debtors data base, opening new clients, setting up AR business partners, blocking inactive accounts.
Monitor and drive outstanding Stage 3 claim numbers daily to meet acceptable rollover target and client SLA.
Prepare and complete financial budgets, information and reporting
Prepare monthly, quarterly and annual collection forecasting reports.
Provide weekly cash flow projections billing and actualizations reporting.
Identify problems, notify management and resolve.
Monitor customer performance against terms and that the debtor’s portion of the SLA is always met.
Ensure International and Group governance and compliance standards are met at all times
Stay updated on industry and legislative changes.
Ensure high quality invoicing and collection procedures that comply legally.
Ensure all team members follow accounting principles.
Management and development of Human Resources
With assistance from HR, recruit competent, high performance staff.
Contribute to developing an enabling culture, and high staff retention through mentoring.
Drive performance management throughout the year.
Provide training and development to ensure succession.
Conduct annual performance appraisals.
Title: Debtors Manager
Company: Bluespec Holdings
Location: Sandton, South Africa
Category: Finance & Banking (Accounting Manager, Accounts Receivable/ Collections, Financial Reporting)
