JOB PURPOSE

• To review accuracy of the daily activities on the debtor’s module, including new invoices created by the Finance Officers/Clerks, identify captured errors regularly, provide special focus on clearing the historical data on the debtor’s module using appropriate procedures. Supervise Finance Officers and enforce timely collection of all the outstanding debtors.
• Furthermore, identify other root causes that give rise to internal control weaknesses to ensure that there is no future regression on the progress made to clean the debtor’s module, and benchmark the SAMSA draft Debtors policy against best practices etc.

KEY PERFORMANCE AREAS

• Develop and implement revenue and debtors’ management policy (including benchmarking the policy with best practice).
• Develop and implement revenue and debtors’ management standard operation procedures and templates that support the policy.
• Facilitate and lead all meetings and communications with relevant stakeholders to address revenue and debtors’ management related matters.
• Develop and implement a systematic debtors management plan to clear all historical data on debtor’s module.
• Provide training to staff working on revenue and debtors’ management.
• Ensure timely collection of outstanding debtors.
• Identify, document and implement mitigating controls to address all risk, audit findings and root causes that lead to weak internal control environment within revenue and debtors’ management.
• Prepare and manage audits for revenue and debtors’ management.
• Prepare reports, schedules and provide support for the preparation of annual financial statements.
• Ensure all revenue transactions are recorded on the system and timely closure of months periods.
• Ensure accuracy and completeness of revenue and debtors transactions on the general ledger.
• Prepare and review monthly reconciliations.
• Supervise staff and manage performance.
• Perform other ad hoc task as may be delegated by line manager.

MINIMUM REQUIREMENTS

Qualifications

• Bachelor’s degree in Accounting or Finance (NQF 7).
• Postgraduate Diploma/Honours degree (NQF 8) would be an added advantage.

Knowledge and Experience

• Seven (7) years’ experience in Accounting and Financial Management in a multifaceted organisation, of which three (3) years’ experience should be at a supervisory/management level.

Required Certification/ Professional Registration

• Qualified Chartered Accountant.
• Completed articles would be an added advantage.