Creditors Co-Ordinator

Smith Garb and Associates CC; Centurion; On-site; ZAR 200,000 - 300,000; Full time

Job summary

A leading financial firm based in Centurion seeks a Creditors Co-Ordinator / Supervisor to oversee the accounts payable function. The ideal candidate will possess a B.Com (Accounting) and have 3-5 years of supervisory experience, particularly in the FMCG or manufacturing sector. This role involves managing relationships with suppliers, ensuring accurate payments, and leading a team. Strong SAP experience is required.

Qualifications

• 3-5 years supervisory or management experience in creditors.
• Experience in FMCG or manufacturing sector is highly advantageous.

Responsibilities

• Oversee the company's entire accounts payable function.
• Manage relationships with suppliers and service providers.
• Ensure timely and accurate payments to creditors.
• Optimize cashflow and implement controls for accounts payable.
• Lead and manage a team of 4 Clerks.

Skills

Leadership

Negotiation

Financial acumen

Supplier management

SAP Experience

Education

B.Com (Accounting) or similar

Job description

Head Office position based in Centurion has a new opportunity for a Creditors Co-Ordinator / Supervisor to join their team. Report directly to the Financial Manager and be responsible for overseeing the company's entire AP function. This includes managing relationships with suppliers and service providers, ensuring timely and accurate payments, optimizing cashflow, and implementing controls to maintain the integrity of the accounts payable process. The role requires strong leadership, negotiation skills, financial acumen and a pro-active approach to supplier management. Industry experience within the FMCG / Manufacturing sector highly advantageous.

Successful incumbent will have a completed B.Com (Accounting) / similar, coupled with a minimum of 3-5 years Supervisory / Management experience in Creditors .

Lead and manage the AP team of 4 Clerks, ensuring accuracy, efficiency and compliance; build and maintain strong relationships with key creditors and vendors, serving as the primary point of contact; negotiate favourable payment terms, early settlement discounts and dispute effectively; review creditors reconciliations, ensure issues are resolved and payments get done; monitor and manage the creditors ageing report to ensure timely payments and mitigate risks of late payment penalties; prepare forecasts for daily / weekly payments; forecast and manage weekly / monthly cashflow related to supplier payments; maintain internal controls, policies and procedures to support risk management and regulatory compliance; support audits and ensure alignment with tax and regulatory frameworks (ie. VAT compliance); provide the FM with monthly accrual reports; collaborate closely with procurement and finance department to streamline processes and align with supplier terms; continuously assess and improve creditors systems, workflows and automation held; improve the effectiveness and productivity of the creditors team; Vet and register new suppliers in line with company compliance, risk and procurement standards and conduct formal vendor evaluations at least twice a year to assess performance, compliance and risk exposure. Sound SAP experience essential.