Accounts Receivable Accountant - (EE) - Cape Town

SUMMARY:
Seeking an Accounts Receivable Accountant with a Bachelor’s Degree in Commerce, Accounting or Finance (or relevant field) plus 3 years solid understanding of basic Accounting principles, fair credit practices and collection regulations, for an EE position with a large corporate in Cape Town.

POSITION INFO:

Job Role 

• Oversee Revenue Recording (incl. sales and other income) and ensure accurate, timely and completeness of invoicing in accordance with established policies and procedures.

 Responsibilities

 Manage payments and revenue recording

• Create down payment requests to specify the down payment parameters/details which will ensure a link to the specified invoices required for payment on the system.
• Display down payment request to review that the down payment has been captured accurately and ensure any changes required to be made on the invoice are done.
• Post down payments for them to be applied to the specific invoice affected within the sub-ledger and ensure timely posting for payment preparation.
• Update the accounts receivable balance with the corresponding intercompany loan transaction and ensure they are posted correctly on the system in a timely manner.
• Ensure payments are accurately allocated to corresponding invoice.
• Extract debtor age analysis and do follow ups with clients on open balances.
• Clear open items to a customer account manually by matching the relevant payments to the invoice and ensure reconciliation of the payments are accurately completed.

Relationship

• Work collaboratively with other departments to ensure accurate client billing information.
• Work collaboratively with Accounts Payable for potential set-off.
• Work collaboratively with other Business Units to resolve queries which are hampering collections.
• Regular coordination and discussion with the other Business Units to resolve customer issues.

Ensure quality and optimisation

• Review activities executed by the Accounts Receivable Clerks to ensure the quality of service delivery.
• Make recommendations to improve quality of invoicing procedures.
• Identification and implementation of optimisation measures (e.g. standardisation and automation of processes).
• Investigate, resolve and report on customer queries.

 Requirements

Qualifications

• Bachelor’s Degree in Commerce, Accounting or Finance or relevant field.

Experience

• 3 years solid understanding of basic Accounting principles, fair credit practices and collection regulations.
• 2 years in-depth knowledge and understanding of Accounts Receivables, Payment applications and Invoicing.
• 1 year experience with a relevant Financial Management System
• 1 year in-depth knowledge of Credit authorizations, Billing and Collections procedures and practices.

Skills/ Knowledge

• Accounts Receivable
• Alignment of credit strategy and credit policy.
• Financial Management and controls

NB! This job is now closed. You can apply for other jobs by uploading your CV.