Head of Debtors (Ref: KHHOD)

Remuneration: R600 – R650k per annum

Our client, a leading roofing manufacture, is looking for a Financial Whizz to head up their Debtors Department. 

Financial degree/diploma

Duties will include but not be limited too:

·        Maintain a department structure sufficient to meet goals & objectives

·        Responsible for full function of credit vetting

·        Manage, train, motivate & retain staff

·        Measure department performance

·        Manage relations with credit agencies

·        Maintain the company credit policy

·        Meet set deliverables

·        Analyse performance of existing clients

·        Monitor credit granting

·        Monthly reporting to management

·        Print & Distribute bank statements

·        Mark off payments

·        Update monthly cash collection schedule

·        Register new account applications in register

·        Check and approve new accounts

·        Authorize suspended orders

·        Discuss accounts over limit with MD and get authorization

·        Assist with recons on problematic accounts

·        Respond to correspondence on legal matters

·        Administer Capisol system

·        Liaise with CGIC with regards to limit updates and new limits

·        Approve and insert updated CGIC limits and annexures

·        Check and approve rebates and settlement discounts

·        Meet with customers who are experiencing problems on accounts

·        Assist branches with any debtors related matters

·        Check and approve any customer refunds

·        Insure weekly age analysis are sent through to all reps

·        Sign off accounts to be handed over and reported to CGIC

·        Check & sign off CGIC proposed settlements (when necessary)

·        Check and sign off legal accounts

·        Bank reconciliations of cash sale and debtors accounts (done twice a month)

·        Assist credit controllers with payment allocations at month end

·        Insure that debtors statements are sent out timeously

·        Check and sign off declarations to CGIC

·        Submit monthly age analysis to Cinque for CGIC declaration purposes

·        Do cash collection projections

·        Do cash collection projections for Botswana & Namibia

·        Submit month end age analysis to Management

·        Submit debtors report through to A Winter

·        Submit debtors analysis report through to G Dercksen

·        Advise A winter of status of Africa branch accounts

·        Do bad debt provisions for SA, Botswana & Namibia

·        Check debtors exception reports

·        Insure that all debtors review are done and signed off for the month

·        Check and sign off all cash sale reconciliations

·        Monthly debtors meeting with branches

·        Check and sign off all cash sale reconciliations (Namibia & Botswana)

·        Go through age analysis with credit controllers

·        Receive management reports from controllers and check reporting to CGIC

·        Oversee ABSA audits

·        Assist with sorting out ABSA retentions

·        Minimum 5 years head of debtors experience

·        Minimum of 5 years experience in debtors finance and CGIC. 

A Consultant will be in touch if you are shortlisted for the position.  Please consider your application unsuccessful should you not have been contacted within 2 weeks.  We will keep your CV on our database and contact you should you match the criteria of any other vacancies.