Accounts Receivable Coordinator

OttoBauthentic; Johannesburg; On-site; ZAR 300 000 - 450 000; Full time

Job summary

A leading quick service restaurant franchise is seeking an Accounts Receivable Manager in Johannesburg. The role involves managing collections, performing account reconciliations, and ensuring compliance with financial policies. Candidates should have a BCom in Accounting and 3-5 years of finance experience, particularly in accounts receivable. Strong analytical and communication skills are essential for success in this position.

Qualifications

• 3 to 5 years' experience in finance with strong exposure to reconciliations.
• Working with external parties in accounts receivable.

Responsibilities

• Administer and manage Accounts Receivable collections.
• Ensure compliance with AFDA policy.
• Perform timely account reconciliations for Accounts Receivable.
• Streamline the collection process of all receivables.
• Ensure accurate financial reporting of Accounts Receivable.

Skills

Advanced Excel skills

Strong analytical skills

Excellent communication skills

Problem-solving skills

Attention to detail

Interpersonal skills

Education

BCom in Accounting degree

Job description

To administer and manage Accounts Receivable collections across the QSR (Quick Service Restaurant) franchise system, including tracking and accounting for all receivables and ensuring compliance with company's Allowance for Doubtful Accounts (AFDA) policy.

• To ensure a world class accounting and control environment, in compliance with company’s accounting policies & International Franchise Agreements specifically focused on:
• Performing timely & meaningful account reconciliations for Accounts Receivable
• Own, streamline and optimise the collection process of all receivables which includes:
• All franchise related fees across South Africa and Rest of Africa markets (continuing fees, initial fees, renewal fees, transfer fees, advertising contributions, supply chain management fees,
• Trade cost recoveries (GES, ROCC, Aggregators, Customer Care, Tip-Offs, Digital Fund, Training etc.)
• Contractual fees with various third parties across both brands and related funds•
• To ensure accurate and timely weekly, periodic and quarterly financial reporting of Accounts Receivable.

Requirements and Experience:

• BCom in Accounting degree
• 3 to 5 years' experience in finance with strong exposure to reconciliations, accounts receivable and working with external parties
• Advanced Excel skills
• Strong analytical & reconciliation skills
• Accurate and attention to detail
• Excellent communication skills (verbal and written)
• Problem-solving skills
• Strong interpersonal skills
• Deadline driven
• Ability to work independently and in a team