Accounts Receivable -(& Backup Accounts Payable) Sandton (Ref 7076)

The Financial Accountant (Accounts Receivables) is responsible for managing the company’s accounts receivable

function, processing receipts from customers, reconciling accounts, and handling customer credit evaluations. This

role requires strong analytical skills, attention to detail, and the ability to work cross-functionally with sales,

logistics, customer service, and other teams to ensure efficient credit management and collections processes.

• Proven experience as a Credit Controller, AR Specialist, or similar role.
• Strong understanding of accounts receivable processes and procedures.
• Experience in credit control and customer account management.
• Proficiency SAP and MS Excel.
• Attention to detail and accuracy in handling financial records.
• Excellent communication and interpersonal skills.
• Preferred but not required: Degree or diploma in Accounting, Finance, or related fiel

Accounts Receivables Management

• Manage the entire accounts receivable process, including payment allocation, and customer account reconciliations.
• Review and post customer payments, ensuring timely and accurate record-keeping.
• Monitor aging reports and follow up on overdue accounts to ensure collections are made within agreed credit terms.
• Conduct periodic credit reviews and risk assessments for new and existing customers.
• Collaborate with the sales team to resolve disputes and escalate collection issues when necessary.

Credit Control

• Assess creditworthiness of new and existing customers and liaise with credit insurers.
• Recommend and monitor credit limits for customers, ensuring adherence to company policies.
• Preparation of accounts suspension and overdue letters, engaging with debt collection agencies /lawyers / credit insurers, or recommending write-offs where necessary.

Reconciliation and Reporting

• Perform monthly reconciliations of accounts receivable balances to the general ledger.
• Prepare accounts receivable aging reports, collections forecasts, and other financial reports as required.
• Identify discrepancies or errors and coordinate with relevant departments to resolve issues promptly.
• Perform regular reconciliations of accounts receivable data in SAP to the CRM.

Customer Relationship Management

• Build and maintain positive relationships with customers while effectively managing collections.
• Address customer inquiries regarding billing and payment issues in a professional manner.
• Negotiate payment plans with delinquent customers to ensure the company receives outstanding payments.

Process Improvement

• Continuously review and improve accounts receivable processes and procedures.
• Ensure compliance with company policies, internal controls, and applicable financial regulations.

Audit and Compliance

• Assist with internal and external audits, ensuring accurate records and documentation for accounts receivable transactions.
• Ensure compliance with tax regulations, including VAT calculations and submissions related to customer

Knowledge

❑ Preferred but not required: Degree or diploma in Accounting, Finance, or related field.

❑ Financial and business acumen / value-add thinking.

❑ Strong understanding of accounts receivable processes and procedures.

❑ Sound knowledge of accounting principles

Experience

❑ Experience: 2-5 years of experience in accounts receivables, credit control, or related accounting functions.

❑ Proven experience as a Credit Controller, AR Specialist, or similar role.

Technical Skills

❑ Proficiency in SAP.

❑ Advanced Excel skills.

Other Skills

❑ Strong analytical and problem-solving abilities.

❑ Excellent communication and interpersonal skills.

❑ Ability to work independently and manage time effectively.

❑ Detail-oriented with strong organisational skills.

❑ Integrity and professionalism

Behaviours/Attitudes

❑ Organised and Logical

❑ Assertive / strong personality

❑ Self-motivated and self-disciplined

❑ Effective time management

❑ Being resilient / tenacity

❑ Problem analysis and resolution

❑ Good teamwork / collaboration

❑ Attention to detail and accuracy in handling financial records.

Salary : With degree : R 40k  – R45k

Salary : Without degree: Subject to the suited experience R 30k – R38k

Apply : By e-mail with your CV with photo added to your CV to admin1@smartplacements.co.za

Tagged as: Accounts Payable, Accounts Receivable, BCom, Diploma, Finance