Accounts Receivable Controller

• Reconciliation of allocated Balance Sheet accounts, including Assets, Debtors, and Revenue.

• Assistance with the completion of CIPs for CAPEX projects.
• Calculation of provision for Bad Debt, ensuring financial stability.
• Responsibility for all Inter-company accounts and confirmations.
• Setting objectives for the accounts receivable team, aligned with departmental goals.
• Negotiating with clients in cases of non-payment, ensuring positive outcomes.
• Preparation of various financial reports, including monthly, quarterly, and ad-hoc forecasting reports.
• Accurate and complete transfer of Revenue (Invoices) into Pastel from relevant ERP systems.
• Providing support and training to Accounts Receivable Clerks, fostering professional growth.
• Ensuring adherence to accounting principles by all team members.
• Staying updated on industry and legislative changes, maintaining compliance.
• Facilitating accurate reporting and analysis on financial data and metrics, such as cash forecasting and sales statistics.
• Tracking and following up on outstanding payments, ensuring timely collection of revenues due.
• Conducting credit checks on new and prospective clients, mitigating risk.
• Implementing accounts receivable policies to ensure clients pay on time and collect past-due payments.
• Creating monthly payment collection feedback reports to guide the Finance team.
• Monitoring cash inflows by tracking invoices, deposits, and payment correspondence.
• Keeping customers informed about their accounts through statements and reminders.
• Compiling accounts receivable activities, including ageing reports and cash forecasts.
• Maintaining 90+ day ageing for debtors below 5% of the total.
• Providing sales reports and reconciliations to support business decisions.
• Reconciliation of allocated Bank accounts by reporting deadlines, ensuring accuracy.
• Assisting in local and group audits, maintaining financial transparency and integrity.

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