Finance Administrator (Colorants / Manufacturing / Chemical / Industrial)

SUMMARY:
Finance Administrator (Colorants / Manufacturing / Chemical / Industrial) - Johannesburg R20 000 to

POSITION INFO:

Finance Administrator (Colorants / Manufacturing / Chemical / Industrial) – Johannesburg

R20 000 to R25 000 P/M

Global Manufacturing concern is seeking the expertise of a dynamic Finance Administrator to join their team.

Main Purpose of the Role:

A finance administrator combines the roles of managing financial obligations, processing invoices, ensuring timely payments, maintaining accurate records, controlling credit and collections, and assisting in Finance Department's activities.

They aim to meet the company's financial obligations efficiently while minimizing risk, maintaining strong relationships with vendors, customers and contributing to the achievement of short- and long-term business objectives.

Qualifications and Requirements:

• Relevant tertiary qualification in Accounting
• Minimum of 5 years of accounting and/or credit control experience required
• Good communication and organizational skills
• Proficient in Microsoft Office
• Experience working with SAP & Sage X3

Key Responsibilities:

• Prepare credit applications and upload to SAP system on approval
• Ensure supplier details are complete and up to date on the Sap system and maintain information
• Process and linking all supplier invoices to purchase orders and purchase receipt
• Match Expense invoices with Purchase orders - post transactions to journals, ledgers and other records
• Liaising with suppliers regarding outstanding invoices/credit notes/statements
• Reconcile supplier accounts to statements
• Resolve any reconciliation differences with Procurement and Suppliers respectively
• Send suppliers payment remittance subsequent to payment
• Ensure the GRIR accounts are updated and cleared every month (before month end)
• Verify Supplier Pricing and information
• Flag and clarify any unusual or questionable invoice items or prices
• Resolve invoice discrepancies and issues
• Processing of all Employees expenses
• Manage and reconcile all fleet cards
• Monthly update of diesel usage register report
• Obtain approvals / signatures on all supplier invoices & expense claims
• Prepare and process electronic transfer payments (local and foreign)
• Monitor accounts to ensure payments are up to date
• File copies of Suppliers Documents
• Assisting with cashflow forecast
• Capturing payments in cash book
• Ensuring month end deadlines are met
• Support to the AR
• Provide supporting documentation for audits
• Assist with Budget preparation
• Investigate credit standing of new customers and review existing customers
• Follow up collection of accounts in accordance with terms. Maintain debtor’s ledger to ensure it accurately reflects the position of each credit account
• Ensure specific measures are taken where unacceptable overdue accounts exist
• Monitor and regularly review the level of arrears and ensure adequate collection action is taken where appropriate
• Prepare regular reports on the status of debtors
• Initiate debtor’s link and aging processes at month end. Preparation of aging report at month end and calculation of bad debts provision
• Receipt and processing of payments associated with the company’s debtors
• Check and report variations between invoiced amounts and payments received and verify discounts or rebates taken or given
• Assist in other relevant functions as directed by Financial Manager that meets the company objectives
• To analyze and recon GL up to balance sheet for month end reporting
• Processing journals as requested after approval from SFA

NB! This job is now closed. You can apply for other jobs by uploading your CV.