Account Receivable management
- Ensure internal controls around accounts receivable are complied with
- Ensure that customer credit is managed as per company policy and Budgeted debtors days are achieved through timely collection of overdue accounts
- Liaise with customers to ensure good customer relationship is maintained
- Ensure that customer credit limits are strictly managed as per company policy
- Ensure an exemption report of accounts with exceeded limits is generated monthly and circulated to HOF, MD and Heads of Sales
- Ensure that exemption reports on customers with overdue accounts are generated and circulated to members of the management team on a weekly basis i.e. on Mondays after week end close
- Ensure customer statement are generated and circulated on a monthly basis for onward distribution to customers by the 2 day after month end close
- Ensure that customer accounts aging analysis is generated, reviewed and red flag raised on customers with overdue accounts
- Ensure that the debtors aging report is accurate through timely and accurate allocation of payments against invoices in SAP
- Ensure that the AR ledger agrees with the GL control accounts (A/C 026000, 026002 & 042100) by 9th day after month end close
- Maintenance of the provisions and accruals accounts and ensuring that sundry debtors accounts is properly reconciled on a monthly basis
- Resolving customers queries on a timely basis
- Performing any other work as may be allocated from time to time
Commercial Finance Roles
- Maintenance and management of core trade, accruals and settlement in SAP (customer agreement management in SAP)
- Management of Customer JPF fund and ensuring no cost overruns against set budget
- Customer activations management and settlement
- Ensure customers issue TIMS compliant invoices for promo and rebate payments.
- Manage the AR/AP interface in SAP for promo/Rebate invoices posting
- Pre and post promo analysis ensuring only projects with ROI that are in line with business expectations are implemented
- Tradex management including monthly analysis and advising management on areas where spend can be optimized for better ROI
Experience and Background
Proficient knowledge in the following areas are required:
- Working Knowledge of fully integrated ERP systems preferably SAP and SAP BI
- A graduate preferably in B.Com (Accounting option) and a CPK,CIMA certification
- Minimum of 2 years in similar role preferably in a Multinational FMCG Company
ROLE COMPETENCY PROFILE
The incumbent must demonstrate the following skills:
- Demonstrate that he/she has the BEST VALUES
- Strong sense of urgency and achievement
- Strong commercial awareness and understanding of business issues
- Financial knowledge and understanding of P&L management
- Leadership and Excellent interpersonal skills capable of building both formal and informal Networks
- Effective team player and Networker
- Strong Analytical and problem solving skills
- Attention to detail and high level of accuracy
- Ability to meet tight deadline and work under pressure
- A person of high integrity, honest and trustworthy
