Creditors Manager

Pepkor Lifestyle; Johannesburg; On-site; ZAR 400,000 - 650,000; Full time

Job summary

Pepkor Lifestyle, a leader in the retail sector, is seeking a Creditors Manager in Johannesburg. This role involves overseeing the accounts payable function, managing vendor relations, and ensuring accurate accounting practices. Ideal candidates will have a strong finance background and significant experience in creditors management, alongside leadership qualities and proficiency in accounting software.

Qualifications

• 10-15 years working experience in a creditors environment.
• Strong knowledge of accounting principles and practices.
• System knowledge is a strong advantage.

Responsibilities

• Manage the Creditors Team overseeing accounts payable processes.
• Ensure accurate and timely processing of vendor invoices.
• Reconcile accounts payable ledgers and resolve discrepancies.

Skills

Attention to Detail

Leadership

Analytical Thinking

Problem Solving

Communication

Negotiation

Education

Grade 12

Bachelor's degree in finance, accounting, or a related field

Tools

Microsoft Excel

SAP

Job description

Introduction

Pepkor Lifestyle is seeking a highly organized and detail-oriented individual to join our finance team as a Creditors Manager. The Creditors Manager will be responsible for managing the company's accounts payable functions, ensuring timely and accurate processing of invoices, maintaining strong vendor relationships, and overseeing the reconciliation of accounts.

Core Responsibilities:

• Manage the Creditors Team: Leading, training, and supervising staff involved in accounts payable processes.
• Oversee Invoice Processing and Vendor Payments: Ensuring accurate and timely processing of invoices and payments to suppliers. Recon GRIR account and review income statement monthly.
• Maintain Supplier Records: Keeping vendor master files and payment schedules up-to-date.
• PO's: Signing PO daily to the value of R500k. Maintain open PO's.
• Reconcile Accounts: Ensuring accuracy in accounts payable ledgers and resolving discrepancies. Review balance sheet recons. Accrual, TI Allow, Turnover Rental, Nlag, Consignment.
• Implement and Maintain Internal Controls: Adhering to company policies and procedures to ensure compliance and minimize risk.
• Generate Reports: Preparing reports on creditor aging, payment schedules, and other financial data.
• Manage External Stakeholder Relations: Liaising with suppliers and resolving queries.
• Support Audits: Providing necessary documentation and information for audits.
• Drive Continuous Improvement: Identifying and implementing improvements in processes and technology.

Additional Responsibilities:

• Sundry PO’s and AP automation.
• AP scanning and AI.
• Consolidate Sundry Vendors.
• Consolidate Rentals and Municipality.
• ESG Utility consumption management and reporting data.
• Buy and Get.
• HOT.

Requirements:

• Grade 12
• Bachelor's degree in finance, accounting, or a related field
• 10-15 years working experience in a creditors environment
• Strong knowledge of accounting principles and practices
• System knowledge will be a strong advantage
• Proficiency in Microsoft Excel and accounting software i.e. SAP

Key Competencies:

• Detail-oriented and organized with a high level of accuracy
• Strong leadership and team management skills
• Excellent communication and negotiation skills
• Analytical thinking and problem-solving
• Ability to work under pressure and meet deadlines.
• Ability to multitask and prioritize workload effectively
• Experience in managing and leading a team is preferred