Creditors Supervisor

Mr Price Group; Durban; On-site; ZAR 420,000 - 640,000; Full time

Job summary

Mr Price Group seeks a highly organised Creditors Supervisor to lead the Accounts Payable function, ensuring accurate supplier accounts, timely creditor payments and robust month-end close across regions.

The role requires a Diploma/ Degree in Accounting or Finance, at least 5 years in creditors/payables and 2 years in supervision, with strong reconciliation and process-improvement skills.

Qualifications

• Bachelor's or Diploma in Accounting, Finance or related field.
• Minimum 5 years in a Creditors/Accounts Payable environment.
• At least 2 years in a supervisory/leadership role.
• Strong knowledge of creditor reconciliations and month-end processes.

Responsibilities

• Lead and oversee the Creditors department and ensure timely, accurate payments.
• Approve creditor payments and manage supplier master data and reconciliations.
• Oversee monthly creditor penalties, adjustments and intercompany payments.
• Drive compliance, documentation, audits and process improvements within Accounts Payable.
• Support BEE administration and maintain supplier certificates.
• Provide coaching and development for the Creditors team.

Skills

Accounts Payable

Team leadership

Financial controls

Process improvement

Education

Accounting degree

Job description

Job Purpose

We are seeking a highly organised and detail-oriented Creditors Supervisor to lead our Accounts Payable function and ensure the effective management of supplier accounts, creditor payments, reconciliations, month-end processes, and team performance. The successful candidate will play a key role in maintaining strong supplier relationships, ensuring compliance with company policies, and driving process improvements within the Creditors department.

Responsibilities

Creditors Management

• Review and authorise all creditor payments, ensuring suppliers are paid accurately and within agreed payment terms.
• Manage supplier master data, including new supplier creation, amendments, and deactivations.
• Monitor and recover supplier debit balances timeously.
• Review aged creditor reports and ensure outstanding items are resolved.
• Ensure all supplier accounts are reconciled and cleared before deactivation.

Creditor Reconciliations

• Review and approve supplier reconciliations for all active suppliers.
• Ensure all supporting documentation is complete and accurately attached.
• Investigate and resolve outstanding supplier statement queries and long-outstanding reconciling items.

Month-End Processing

• Oversee the processing of monthly creditor penalties and adjustments.
• Review Vendor Balance Reports and ensure all payments are processed.
• Ensure intercompany payments and cash repatriations are processed accurately.
• Manage the Accounts Payable month-end close across all countries.
• Ensure payment journals are posted within prescribed timelines.
• Review and resolve unmatched receipts and invoices.

Compliance, Reporting and Continuous Improvement

• Ensure adherence to company policies, procedures and internal controls.
• Maintain and update process documentation.
• Provide accurate cash flow information to business stakeholders and Treasury.
• Respond to supplier and internal stakeholder queries.
• Identify opportunities for process improvement and automation.
• Support internal and external audits, ensuring timely and accurate information is provided.

BEE Administration

• Ensure active suppliers have valid BEE certificates on file.
• Liaise with suppliers to obtain updated certificates.

People Management

• Lead, motivate and develop the Creditors team.
• Provide coaching, guidance and support to team members.
• Foster a professional, service-oriented and high-performance culture.
• Conduct regular team meetings, training sessions and performance discussions.

Qualifications

Diploma or Degree in Accounting, Finance, Commerce, or a related field.

Minimum 5 years' experience in a Creditors or Accounts Payable environment.

At least 2 years' experience in a supervisory or team leadership role.

Strong knowledge of creditor reconciliations, month-end processes, supplier management and financial controls.