Accounts Receivable Controller
Empire Recruitment
- Johannesburg, Gauteng
- R300,000-360,000 per year
- Permanent
- Full-time
- 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.