Finance Coordinator: Credit
- Cape Town, Western Cape
- Permanent
- Full-time
Reference Number TRU250822-2
Job Title Finance Coordinator: Credit
Business Area Finance
Job Type Permanent
Workplace Type On-site
Location - Country South Africa
Location - Province Western Cape
Location - Town / City Cape Town
Job Description We are looking for a detail orientated team player to join our team as a Credit Finance Coordinator. An individual who can meet deadlines, support the team and solve problems by keeping calm and communicating effectively.
Key Responsibilities Daily systems reconciliation • Reconciliation of daily transaction details in POS to Debtors system • Investigation of reconciliation differences Capturing of collections • Process manual capturing of payments made by attorneys, outside collectors and administrators on behalf of customers Account balance insurance • Collection of Insurance data and liaising between internal and external stakeholders • Processing of insurance invoices - following up with insurance provider and ensuring correct invoices are received • Preparation of Insurance reconciliations • Provide relevant customer information and insurance collection files to insurers EFT and direct deposit rejections • Request information from banks to give effect to rejected EFT and direct deposit payments • Assisting during month end/periods of leave with the capturing of EDC Payments, correction of rejects etc. • Posting of corrections to customer accounts • Assistance with queries directed from credit services and external debt collectors Bank accounts • Assistance in the manual reconciliation of the electronic deposit and direct deposit accounts for the various countries • Following up on reconciled items • Monitoring of suspense accounts • Ensure that all debit orders submitted are processed by the host banks and correctly recorded in the debtors system Administration • Capturing of departmental expense invoices • Liaising with marketing department including weekly marketing reports • Collection/administration of gift cards and account credits Business control accounts • Monitoring of business control accounts and investigation of anomalies Monthly reconciliations • Critical analysis of reconciliations including investigation of variances, ratio analysis and year on year comparisons Month-end procedures • Preparation of monthly expense variance reporting • Assist the manager with monthly trade debtors and gross bad debt budgeting • Assist the manager in calculating the cost of credit for reporting • Preparation of cash versus credit sales reports • Preparation of month-end journals • Monthly expense forecasting and variance analysis • Monthly trade debtors forecast reporting Year-end procedures/annual audit • Facilitate the year-end audit process with external auditors, including: • Providing explanations for account movements, variances and reconciling items • Provide data and source documentation requested for audit purposes Annual financial statements • Preparation of annual financial statements
Qualifications and Experience • National Diploma in Accounting or BCom • 2-3 years relevant experience • Experience with general ledger functions and the month-end/year-end close process • Excellent working knowledge of MS Excel essential • Experience in Oracle Business Intelligence and Nexus Vision preferable • Excellent attention to detail • Strong financial accounting skills • Retail Industry experience would be advantageous
Competencies • Strong Excel skills • Excellent attention to detail • Excellent communication skills • Strong numeric, organisational and interpersonal skills • Good technical and commercial skills • Excellent communication and interpersonal skills with an ability to interact and gain respect and trust at all levels • Proactive self-starter who thrives on being fully accountable for their work • Strong initiative and ability to manage multiple projects to tight deadlines • Must be detail-oriented with strong analytical skills whilst still being able to view the 'Big Picture' • Ability to work well with others and handle pressure and rapidly changing demands in a fast paced environment • Ability to stay calm under pressure and meet strict deadlines • Must be a flexible and adaptable person in terms of taking on responsibilities and covering for the work of others