Accounts Receivable - Debtors Manager

SUMMARY:
Do you thrive in a dynamic environment where you can lead and implement strategies to enhance debt collection processes?

POSITION INFO:
If you're a strategic thinker with a knack for financial management and team leadership, we want to hear from you! My client is looking for someone to make a meaningful impact on their debt collection processes and stakeholder relationships.
This position is based in Sandton.

Duties:

• Debtors Management:
  • Develop and implement customized debt collection strategies in collaboration with finance managers from each brand.
  • Ensure compliance with internal and external policies and regulations governing accounts receivable.
  • Supervise the processing of bad debt journals, refunds, and account statuses.
  • Cultivate and maintain key customer relationships to facilitate efficient debt recovery.
  • Provide comprehensive reports and updates on debtor management issues and resolutions.

• Systems Development and Administration:
  • Spearhead the development and maintenance of systems, procedures, and policies related to debt collection.
  • Manage updates and status changes within debt collection software systems.
  • Provide functional support for the implementation of new enterprise-wide collections and finance management systems.

• Financial Management:
  • Prepare and recommend operating budgets and monitor spending for adherence to budgetary guidelines.
  • Identify and recommend variances as necessary to ensure optimal financial management.

• People Management:
  • Lead and manage the performance of the collections team, defining deliverables and key performance indicators.
  • Foster a culture of accountability, engagement, and development within the team.
  • Oversee the recruitment process and talent management within the Accounts Receivable division.
  • Conduct performance evaluations, training, and development activities to enhance team productivity and effectiveness.

• Stakeholder Engagement:
  • Proactively manage feedback and issue resolution with brand financial managers.
  • Deliver regular debtors collection reports and communicate process enhancements to relevant teams and customers.

• Completed BCom in Accounting or Finance related field
• Minimum of 6 to 8 years’ experience in a similar position
• Experience working in Accounting / Financial Management and Debtors Management
• SAICA Articles will be advantageous
• Experience working in Finance Shared Services will be highly advantageous