So, what will you do?  

• You will ensure accurate and efficient management of the company’s creditors book, with an emphasis on reviewing the output of an in-house creditors team and ensure compliance with company policy with respect to creditors. 
• Administer new and existing creditors relationships, including oversight of new creditor onboarding in line with the company’s system of internal controls around procurement and our B-BBEE strategy. 

In addition to the above, you will: 

• Review payment reconciliations between purchase orders & creditor invoices prepared by Creditors Clerks and investigate any variances noted. 
• Provide input into the development of a sound system of internal controls over the creditors function with the assistance of the Financial Controller.  
• Review all accruals listings generated by Creditors Clerks. 
• Review the company’s creditor listing and investigate any unauthorised creditors. 
• Review and approve purchase orders generated by Creditors Clerks within pre-defined limits.  
• Serve as the 1st line of escalation for any unmatched POs / unmatched invoices and other discrepancies identified between company systems and 3rd party creditors. 
• Conduct 2nd line review of monthly company credit card statements and investigate any unauthorised payments raised by Creditors Clerks 
• Review beneficiary banking details on company’s banking profile loaded by Creditors Clerks. 
• Conduct monthly review of top 20 creditors. 
• Review procurement related documents collected upon creditor onboarding by Creditors Clerks (i.e., purchase orders, supplier quotes, supplier invoices, supplier contracts, proof of banking details, supplier BEE certificates, etc.). 
• Administrate and file all procurement related documents and maintain an audit trail of any changes thereto. 
• Assist the Financial Manager and 3rd party consultants with implementing the company’s B-BBEE strategy as it relates to Enterprise & Supplier Development (i.e., forecast preferential procurement, supplier development and enterprise development). 
• Assist the Financial Controller & Financial Planning & Analysis Manager with cash flow and working capital management. 
• Generate and present the creditors age analysis to the Financial Manager & CFO on a monthly basis and recommend remedial actions, incl. negotiation of credit terms with creditors where appropriate. Ensure that the creditors age analysis agrees to general ledger and creditors ledger. 
• Train and upskill a team of Creditors Clerks 
• Initiate hedging of foreign creditor invoices / assist with company’s hedging strategy in line with company policy with the support of the Financial Manager. 
• Review of system-generated profit share reporting for payment to 3rd party sales channel partners. 

Qualifications

• Business administration/finance degree or diploma. 

Deal breakers: 

• 5+ years’ experience leading or managing an accounts payable / creditors team. 
• Minimum book size of R25m plus. 
• Prior experience in a technology, telecoms, large scale retail or FMCG environment. 
• Advanced MS Excel experience. 
• Practical experience in MS Dynamics 365 Business Central or similar accounting package. 

Additional Skills & Knowledge: 

• Self-starter / entrepreneurial and willing to get their hands dirty in a company with a scale-up culture.  
• Handle pressure and adapt to change in a dynamic, rapidly shifting environment.  
• Strong analytical and problem-solving skills and excellent attention to detail. 
• Excellent organizational, communication and negotiation skills.