We are looking for an experienced Head of Debtors to work within the Finance Department. The Head of Debtors Control manages and oversees the debtors’ department, ensuring efficient and effective management of accounts receivable and debt collection. The role involves developing and implementing strategies to optimise debtors’ performance, minimize bad debts, and maintain a healthy cash flow.
Responsibilities
- Debtors’ Management: Oversee the debtors’ department, ensuring timely and accurate processing of invoices, credit notes, and payments.
- Debtors’ Onboarding: Oversee debtors onboarding processed to ensure accurate financial record, efficient communication, and a strong foundation for managing accounts receivables.
- Debt Collection: Manage debt collection processes, including chasing payments, negotiating settlements, and escalating delinquent accounts.
- Cash Flow Management: Monitor and forecast CF receipts from debtors, identifying potential cash shortfalls and implementing corrective actions.
- Risk Management: Identify and mitigate risks associated with debtors, such as bad debts, fraud, and disputes.
- Team Management: Lead and develop a team of debtors’ clerks, providing guidance, training, and performance evaluations.
- Process Improvement: Continuously review and improve debtors’ processes, implementing efficient and effective systems.
- Reporting and Analysis: Provide regular reports and analysis on debtors’ performance, cash flow, and credit control.
- Monthly closure tasks, reviews, and reporting.
- Annual/Quarterly Stats SA Reporting as required.
- Maintenance of services items, pricing, and increases on Business Central and linking to Metacom Online Billing System.
- Monthly VAT and EMP calculations, reconciliations, submissions.
- Annual Audits:Assist with external audit requests and preparation of audit files.
- Assist with supplier payments as needed – Back-up for Head of Creditors Control
Qualifications
- Bachelor’s degree in Accounting, Finance, or related field
- Completed articles would be to your advantage (SAIPA or SAICA)
- Professional certification would be to your advantage.
- Minimum 5 years’ experience in debtors’ control, credit management, or related field
- Advanced knowledge of MS Office (especially excel)
- Proficiency in accounting software and systems – experience with Microsoft 365 Business Central/MS Navision would be to your advantage.
- Salary: R35 000 – R50 000 per month
- Start date: 1st August 2024
Interested?
Only applicants that meet the minimum requirements will be considered !
Interested?
- If interested, please apply directly through Pnet or email us directly at jobs@quest.co.za
- N.B If emailing us directly, remember to insert “Head of Debtors – Cape Town” in the email subject line, for consideration, and state which area you are applying for
