Accounts Receivable Administrator

Company Details

AEL is looking to recruit a Accounts Receivable Administrator to work in Modderfontein. To process accounts receivable transactions on the system, perform AR reconciliations, debtor age analysis and follow-up on outstanding debt.
Duties & Responsibilities
Accounts Receivable Processing
• Process payment of invoices against remittance advices received.
• Process cash customer payments and ensure relevant parties are notified.
• Obtain bank statements or online bank statements to process transactions.
• Reconcile unapplied/misapplied payments.
• Verify tax exemptions, request reversal of VAT portions and clear cash receipts.
• Action dishonoured cheque or EFT advices and process into customer account.
• Complete referral template and capture referrals transactions on system where required.
• Contact customer and notify of interim payment in the referrals process.

Debt Collection
• Compile AR age analysis report.
• Compile doubtful debt occurrences with relevant supporting documents and send to the AR Manager to obtain approval for provision for doubtful debt.
• Escalate and address outstanding debt issues to AR Manager.
• Request for bad debt write offs.
• Process and distribute communication to relevant parties/stakeholders once approved.

Credit Control
• Track compliance with credit limits.
• Address and escalate non-compliance.
• Process and distribute communication to relevant parties/stakeholders once approved.

Dispute and query resolution
• Receive and capture customer disputes/queries on system.
• Escalate/address disputes/queries with relevant stakeholders.
• Communicate outcomes of disputes/queries to customers or AEL representatives.

Reporting
• Provide intercompany balance confirmation on requests.
• Update and provide weekly commentary on overdue schedule report.
• Report on subsequent receipts on the first week of the month.
• Compile and provide weekly commentary on AR age analysis report.
• Provide daily cash forecasting.

Business controls and governance
• Implement and comply with AR policies and procedures.
• Comply with SLA criteria (specific to area of responsibility).
• Comply with Safety, Health and Environment standards.
Qualifications & Experience
• Matric/Grade 12 with Accounting as a subject.
• Minimum 6 months – 1 year accounts receivable or general accounting experience.
• Knowledge of an ERP system, preferably SAP (B1/R3).
• Knowledge of AR systems, policies and procedures.
• Knowledge of the regulatory, statutory and compliance frameworks affecting area of responsibility.
• MS Excel skills.
Competencies
• Stakeholder impact and focus
• Results orientated
• Collaboration and influencing
• Time and priority management and ability to meet deadlines
• Attention to detail and accuracy
• Numerical and clerical skills
• Communication skills
• Compliance with rules and regulations

Please click on “Apply for job” below and follow the link to the online application form.
(View and apply for this and other vacancies online via freerecruit.co.za)
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