Credit Administrator

Platinum Placements; Durban; On-site; ZAR 150 000 - 250 000; Full time

Job summary

An established industry player in Durban is seeking a Credit Administrator to manage creditor accounting and administration. This role involves ensuring compliance with internal controls, managing banking systems, preparing cash forecasts, and handling statutory payments. The ideal candidate will have a strong background in financial management, with at least 2 years of experience in a similar role, preferably within the automotive sector. This is a fantastic opportunity to contribute to continuous improvement initiatives and enhance operational efficiency in a dynamic environment.

Qualifications

• Minimum 2 years in a similar role, preferably in the Automotive Industry.
• Strong understanding of creditor accounting and financial management.

Responsibilities

• Conduct creditor accounting and administration, ensuring compliance with internal controls.
• Administer banking systems, prepare cash forecasts, and manage creditors.

Skills

Creditor Accounting

Financial Management

Cash Management

Bank Reconciliation

Statutory Payments

Education

Grade 12

Diploma or Degree in Finance Management

Job description

Company based in Durban is looking for a Credit Administrator to conduct creditor accounting and administration.

POSITION INFO:

SUMMARY:

Company based in Durban is looking for a Credit Administrator to conduct creditor accounting and administration.

Minimum Requirements:

1. Grade 12
2. Diploma or degree in Finance Management or equivalent
3. 2 years in a similar role in the Automotive Industry advantageous

Responsibilities:

Internal Control:

• Comply with Internal Controls

General Ledger:

• Submit information for relevant accruals

Audits and Year-End Processes: Prepare ledger balances and an initial trial balance including all reconciliations, Balance Sheet Accounts and supporting documentation.

Banking:

• Administer Banking Systems and Reports
• Load all new creditors (local and foreign)
• Load weekly bank transfers (creditors and wages)

Cash Management:

• Prepare cash forecasts

Cashbook:

• Checking all prepared cheque requisitions for payment
• Update and maintain cash book, including bank reconciliations outstanding items

Forex:

• Revalue foreign creditors and bank accounts
• Conduct Foreign Payment administration

Statutory Returns:

• Process Statutory payments on e-Filing

Creditors:

• Prepare Credit Applications
• Reconcile Creditors balance to Creditors Statements and resolve queries
• Prepare and submit Creditors payments
• Maintain Creditors Master Files
• Forward remittance advice to Suppliers

General Administration:

• Co-ordinate meetings, minor events and travel arrangements (Flights, Hotels, Transfers, Car Hire, etc.)

Ad hoc:

• Assist the Creditor's supervisor as required.

Continuous Improvement:

• Identify improvement opportunities and make recommendations for improvements
• Participate in Continuous Improvement initiatives