Senior Finance Manager: Cash Management

Be Different Sa (Pty) Ltd; Gauteng; On-site; ZAR 1,200,000 - 1,500,000; Full time

Benefits offered by this job

Provident fund 16%

Medical aid 50%

Annual leave 20 days

Funeral cover

Disability cover 75%

Group life cover

Job summary

Be Different Sa (Pty) Ltd client in Waterfall, Midrand, Gauteng, seeks an Order-to-Cash Senior Manager to design and implement OTC strategy, minimize risk, and lead end-to-end processes in a dynamic, multinational finance environment.

Requires CA(SA) or CIMA, 5+ years finance experience, 4+ years leadership in contact centres, and SAP/SUN, IBS+, IBBR, START experience. Full-time, office-based role with strong incentives.

Qualifications

• CA(SA) or CIMA or business degree is essential.
• Minimum 5 years of relevant experience in finance/accounting.
• Minimum 4 years leadership in contact centre environments.
• Experience in multinational, cross-functional teams.
• Experience with SAP/SUN, IBS+, IBBR, START.
• Collection/credit risk management experience preferred.
• Managed and implemented large, complex projects.
• Ability to facilitate training and understand team needs.

Responsibilities

• Develop and implement Credit and Collections and Accounts Receivable (OTC) processes including planning, policy design, accounting processes, products, services and budgets.
• Oversee and monitor delivery and quality of Credit and Collections and Accounts Receivable to minimize risk and ensure timely repayments.
• Develop and ensure implementation of processes for effective credit management.
• Ensure compliance with OTC processes and policies.
• Review account status and balances to prioritize collection activities.
• Resolve difficult credit issues and oversee escalations.
• Ensure delivery of projects to improve services and transparency.
• Design improvements in processes, systems and methods for efficiency.
• Coordinate with managers to ensure AR activities align with customer relations.
• Oversee payment processing accuracy and AR ledger reconciliations.
• Assess and set repayment terms to minimize credit risk.

Skills

Leadership

Credit risk management

SAP/SUN

Team training

Education

CA(SA) or CIMA

Bachelor's degree in business

Tools

SAP/SUN

IBBR

START

Job description

Our client, a Global Leader in the Logistics Sector, is seeking to appoint an accomplished Order-to-Cash Senior Manager to participate in design and ensure implementation of Credit & Collections / Accounts Receivable (OTC) strategy to minimize risk, ensure timely repayments, minimize losses and economic collection of arrears in line with internal and external policies and standards, regulations and compliance requirements. Based in Waterfall, Midrand, Gauteng.

This is a strategic leadership opportunity for an experienced finance professional to drive operational excellence, optimize working capital, strengthen credit risk management and lead the continuous improvement of end-to-end OTC processes within a dynamic and complex business environment.

Please Note: This position is based full time at the office in Waterfall

Salary details and benefits offered is as follows:

The provided CTC is inclusive of the all the company benefits, target bonus and annual base salary

• Annual base salary + Management Incentive Bonus (which is based on the achievement of company targets and IKOs = Total target cash
• Provident fund – 16% employer contribution
• Medical Aid – 50% paid by the employer on Bonitas & Discovery plans up to classic comprehensive scheme
• Annual leave allocation – 20 days, with an accrual of 1 day after each year of service. Maximum accrual is 25 days
• Funeral cover through Hollard – company contribution
• Disability cover – company pays 75% of basic salary in the event of an accident
• Group Life Cover – company will pay 100% of the contributions

In order to be considered the following is required:

• CA(SA), CIMA, Bachelor’s Degree in a business discipline or relevant education is essential based on the growth planned for this position
• Minimum 5 years of relevant work experience, preferably in the finance accounting field
• Minimum 4 years leadership experience within the contact centre environment / context
• Experience working in a multinational and cross functional team
• Experience with SAP/SUN, IBS+, applications and data extraction tools e.g. IBBR, START
• Collection and/or credit risk management experience is preferred
• Managed and implemented large projects of a complex nature
• Able to facilitate training and understand the needs of the team

Responsibilities:

• Contribute to the development and implementation of Credit and Collections and Accounts Receivable (OTC) processes including planning, policy design, accounting processes, products, services and budgets
• Oversee and monitor delivery and quality of Credit and Collections, as well as Accounts Receivable processes to minimize risk, ensure timely repayments, accurate recording of transactions, minimize losses and economic collection of arrears
• Develop and ensure implementation of processes for effective credit management
• Ensure compliance with Credit and Collections and Accounts Receivable processes and policies
• Review account status and outstanding balances to prioritize activities for collection and maintenance of customer accounts
• Resolve difficult credit issues, review escalations and oversee timely follow up overdue accounts
• Ensure delivery of projects to improve services or transparency in Credit and Collections and Accounts Receivable
• Explore opportunities and recommend improvements in existing processes, systems and methods for enhanced effectiveness and efficiency
• Handle large or difficult credit accounts to maintain positive customer relations and minimize debts outstanding
• Coordinate with functional or operational area managers to ensure consistency of Accounts Receivable activities with overall customer relations approach
• Oversee and review accuracy of payment processing and application to customer balances in the Accounts Receivable ledger, including reconciliation of cash payments
• Assess and reject or authorize application, and establish appropriate repayment terms to minimize credit risk in accordance with company standards
• Monitor status of credit and collections activities to identify problem areas and adapt procedures to improve performance of the team
• Design solutions that reflect best practices such as treatment plans, period end reports
• Recruit, build, manage and develop a team of motivated staff members to maximize performance and ensure delivery of the agreed objectives

This is an exceptional opportunity to join a forward-thinking organisation where your expertise will have a direct impact on financial performance, operational efficiency and long-term business success.

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Please consider your application as unsuccessful if you have not received a response within 14 days of submitting your application.