Creditors Manager - FMCG environment

Duties & Responsibilities

Payment Processing / Authorization:

• Approving payments;
• Authorizing corporate, sundry, and trade reconciliations;

Online Banking Management:

• Maintaining the online banking recipient folder;
• Implementing the use of the banking validation tool;
• Ensuring all payments are loaded correctly;
• Supporting treasury requests and verifications;

Team Management and Development:

• Managing the creditors department and development;
• Assisting the team with handling and resolving queries.

Supplier & Contract Management:

• Negotiating supplier year-end terms;
• Completing and submitting credit applications for review;
• Reviewing and approving all new creditor recipients;

Financial Reporting and Compliance:

• Preparing MANCO reports;
• Assisting with cash flow management;
• Managing the BBEE audit process;
• Assisting the Reporting and Bookkeeping team with the annual financial statements;
• Assisting with the yearly financial roll-over process;

Conducting monthly reviews; assisting the Distribution Center (DC) staff and Supply Chain staff with financial queries.

Desired Experience & Qualification

• Matric with a Bachelor's degree in accounting/Finance;
• 15+ years of experience in accounts payable or financial management;
• 10+ years of experience in a supervisory or managerial role;
• 5 years within an FMCG environment.