Accounts Receiveable Controller - Kempton Park

SUMMARY:
Our Well established client in the Logistics / Freight Forwarding Industry is in need of an experienced Accounts Receivable Controller to join their team.

POSITION INFO:

Main accountabilities include:
▪  Reconciliation of allocated Balance Sheet accounts (Assets, Debtors and Revenue).
▪  Maintain fixed asset register.
▪  Ensuring assets are captured timeously and accurately.
▪  Assist with completion of CIPs for CAPEX.
▪  Calculate provision for Bad Debt.
▪  Responsible for all AMI Intercompany accounts and confirmations.
▪  Set objectives for the accounts receivable team that align with the accounting department’s goals
▪  Negotiate with clients in non-payment cases.
▪  Prepare monthly, quarterly, annual and ad-hoc forecasting reports on request.
▪  Ensure all Revenue (Invoices) is transferred accurately & completely into Pastel from the relevant ERP system.
▪  Support Accounts Receivable Clerks on a daily basis and train new team members.
▪  Ensure all team members follow the correct accounting principles.
▪  Stay updated on industry and legislative changes.
▪  Provide accurate reports and analysis on financial data and metrics such as cash forecasting, sales statistic information, and monthly net sales reports.
▪  Collect all revenue due to the company by tracking and following up on outstanding payments.
▪  Identify and mitigate risk by conducting credit checks on new and prospective clients.
▪  Ensures clients pay on time and collect past-due date payments by implementing the accounts receivable policy.
▪  Help the Finance team understand what to expect regarding cash inflows from clients by creating monthly payment collection feedback reports.
▪  Monitor cash inflows by tracking invoices, deposits, and any payment collection correspondence.
▪  Keep customers up to date on their accounts by sending them statements and reminders to pay.
▪  Provide accounts receivable reports to the relevant departments by compiling accounts receivable activities, including ageing reports, cash forecasts, and collections analysis.
▪  Maintenance of 90+ day ageing, for debtors, below 5% of total.
▪  Provide sales reports (Weekly & monthly Flash and month end Revenue reconciliations).
▪  Reconcile allocated Bank accounts by Reporting deadline (inward Bank account payments).
▪  Assist in local and group audits.