Accountant (Debtors)

SUMMARY:
A forward‑thinking pharmaceutical firm founded in 2005 is looking for an Accountant (Debtor) to join their growing team.

JHB | Permanent | Negotiable 

POSITION INFO:
You will be responsible for managing and optimizing the debtors' ledger, ensuring timely collection of outstanding debts, resolving customer queries and processing payments efficiently.

This role requires an eye for detail, strong communication skills, a proactive approach to problem-solving, and the ability to work collaboratively with internal teams and external clients

Debt Collection:

• Implement effective debt collection strategies to minimize outstanding debts.
• Contact debtors via phone, email, and written correspondence resolve payment disputes.
• Maintain accurate records of all communication arrangements with debtors.
• Monitor and follow up on overdue accounts, initiating legal and debt insurance action when necessary.
• Send out monthly statements to all debtors.

• Receive and process payments from debtors, ensuring accuracy and compliance with company policies.
• Reconcile payments received with outstanding invoices and update the debtors' ledger accordingly.
• Collaborate with the debtors to resolve any discrepancies or issues related to payments and escalate any unresolved matters to management for intervention and assistance.

• Maintain and update the debtors' ledger with accurate and up-to-date information.
• Allocate all payment in accordance with customer remittances.
• Perform regular reconciliations of the debtors' ledger to ensure accuracy and completeness.
• Generate reports on outstanding debts, aging analysis, and collection performance for management review.

• Provide excellent customer service to debtors, addressing inquiries and concerns in a professional and timely manner.
• Work closely with internal stakeholders, including sales and customer service (operations) teams, to resolve customer issues and improve debt collection processes.
• Attending regular meetings with debtors to build relationships and resolve queries.

• Submission of monthly reports required by clients.
• Ensuring compliance with relevant debt insurance processes for non-paying customers.
• Following the Maintain proper documentation of all debt collection activities, including correspondence, payment agreements, and legal proceedings.

• Identify opportunities to streamline debt collection and payment processing procedures.
• Implement improvements to enhance efficiency, accuracy, and customer satisfaction.