Accounts Receivable Controller

SUMMARY:
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POSITION INFO:

Overview
Support the revenue and debtors function within the business. Provide a support structure to all
role players within the network.

Main accountabilities include:

• Reconciliation of allocated Balance Sheet accounts (Assets, Debtors and Revenue).
• Maintain fixed asset registers.
• Ensuring assets are captured timeously and accurately.
• Assist with completion of CIPs for CAPEX.
• Calculate provision for Bad Debt.
• Responsible for all accounts and confirmations.
• Set objectives for the accounts receivable team that align with the accounting department’s goals.
• Negotiate with clients in non-payment cases.
• Prepare monthly, quarterly, annual and ad-hoc forecasting reports on request.
• Stay updated on industry and legislative changes.
• Ensure all team members follow the correct accounting principles.
• Ensure all Revenue (Invoices) is transferred accurately and completely into Pastel from the relevant ERP system.
• Support Accounts Receivable Clerks on a daily basis and train new team members.
• Provide accurate reports and analysis on financial data and metrics such as cash forecasting, sales statistic information, and monthly net sales reports.
• Collect all revenue due to the company by tracking and following up on outstanding payments.
• Identify and mitigate risk by conducting credit checks on new and prospective clients.
• Ensures clients pay on time and collect past-due date payments by implementing the accounts receivable policy.
• Help the Finance team understand what to expect regarding cash inflows from clients by creating monthly payment collection feedback reports.
• Monitor cash inflows by tracking invoices, deposits, and any payment collection correspondence.
• Keep customers up to date on their accounts by sending them statements and reminders to pay.
• Provide accounts receivable reports to the relevant departments by compiling accounts receivable activities, including ageing reports, cash forecasts, and collections analysis.
• Maintenance of 90+ day ageing, for debtors, below 5% of total.
• Provide sales reports (Weekly & monthly Flash and month end Revenue reconciliations).
• Reconcile allocated Bank accounts by Reporting deadline (inward Bank account payments).
• Assist in local and group audits. 

Qualifications and Experience:

• Matric
• Relevant tertiary qualification
• Computer literacy
• Accounting background would be advantageous
• Experience with VLOOKUPs
• Experience with Pastel / Sage

Functional knowledge

• Accounting Standards
• Financial Analysis
• Statutory regulations

Business Expertise

• Preferable exposure to Service Industry
• Adding value towards the business

Leadership

• Ability to manage staff, deadlines and projects
• Support and influence relevant Stakeholders