Accounts Receivable Administrator

Jse Limited; Gauteng; On-site; ZAR 300 000 - 450 000; Full time

Job summary

A leading company in the financial sector is seeking a 6-Month-Contract Accounts Receivable Administrator based in Sandton. The role involves managing debtors, enhancing collection processes, and providing administrative support to the treasury function. Candidates should have a strong background in accounting principles and at least 5 years of experience in debtor management.

Qualifications

• Minimum 5 years' experience in debtor management.
• Proficiency in MS Office, especially Excel, PowerPoint, Word, and Outlook.
• Application of IFRS and GAAP.

Responsibilities

• Provide debtor management and collections support.
• Enhance collection processes and ensure accurate reporting.
• Manage debt collection effectively to minimize bad debt.

Education

Grade 12; Diploma in Accounting Principles

B-Degree in Accounting preferred

Tools

MS Office

Job description

Introduction

We are currently recruiting for a 6-Month-Contract Accounts Receivable Administrator to join our dynamic team, based in Sandton.

This role involves providing debtor management and collections support for the business and customers, aiming to minimize bad debt. It also includes offering back-office administrative support for the treasury function.

Key Performance Areas

1. Results Delivery

• Apply cost-effectiveness principles in daily operations to help achieve departmental financial targets.
• Enhance the collection process by proactively supporting collection drives and continually improving methodologies.
• Ensure accurate reporting of activities within specified deadlines.

Stakeholder Relationship Management

• Resolve queries promptly by providing internal and external clients with accurate information.
• Build sustainable relationships with clients and vendors through regular communication and reliable service.
• Maintain good relationships with JSE's bankers to support administrative needs and objectives.

Process Management

• Manage debt collection effectively to meet aging targets and minimize bad debt.
• Follow up on payments and initiate collection efforts proactively.
• Ensure collections adhere to JSE policies and maintain accurate AR aging records.
• Research and resolve payment discrepancies efficiently.
• Process receipts and account adjustments correctly, ensuring proper documentation and managerial approval.
• Organize recovery systems to eliminate bad debt write-offs.
• Address invoicing queries collaboratively with the Billing section.
• Coordinate with banking institutions to confirm investments and ensure accuracy in interest and amounts.
• Prepare accurate bank reconciliations for deposits and treasury accounts.
• Perform month-end GL reconciliations for the bad debt provision account, aligned with accounting standards.

Self Management

• Enhance personal capabilities and professional growth through discussions with management.
• Promote teamwork and share knowledge openly.
• Demonstrate the JSE values actively.
• Manage personal development and act as a self-starter.

Transformation and Innovation

• Identify and implement improvement and innovative ideas to add value and contribute to divisional and JSE results.

Qualifications

• Grade 12; Diploma in Accounting Principles.
• B-Degree in Accounting preferred.

Experience

• Minimum 5 years' experience in debtor management.

Knowledge

• Application of IFRS and GAAP.
• Proficiency in MS Office, especially Excel, PowerPoint, Word, and Outlook.
• Principles of funds under management.

Skills

Skills details are not provided in the original text and should be included here for completeness.