Creditors Recon Specialist
- Employer
- Skye Distribution
- Location
- Illovo Beach Illovo eThekwini, South Africa
- Salary
- Competitive
- Closing date
- Oct 6, 2024
You need to sign in or create an account to save a job.
Duties & Responsibilities
Prepare vendor accrual and payment recons:
Journals:
Reports:
Audit:
Desired Experience & Qualification
Prepare vendor accrual and payment recons:
- Timeous payments of vendors.
- Ensure accurate reconciliations of vendor accounts.
- Manage vendor and business relationships.
- Ensure invoices paid are valid tax invoices as per SARS rules.
- Action unreconciled entries on accounts, promptly.
- Resolve reconciling items timely, not to exceed 60 days aging.
- Ensure deadlines are met.
- Ensure monthly accruals are raised where applicable.
- Create efficiency by identifying lean ideas and standardisation across AP shared services function.
- Send remittance advises to supplies and assist with automation in remittances advise.
Journals:
- Create payment journals for monthly payments.
- Verify correctness (dates, amounts etc.) of all payment journals prior to posting.
- Posting of the captured journals on time.
- Prepare invoice journals when needed to correct reconciling items in vendor accounts.
- Recons:
- Prepare recons on time in the monthly shared file.
- Ensure all accounts are reconciled and sent for review.
- Liaise with invoice clerk to process un-invoiced supplier invoices.
- Consolidate monthly recon schedule and send to creditors manager for review.
- Improve the turn-around resolution time on all unreconciled items on vendor accounts.
- Ensure accurate, clear, and concise descriptions of reconciling items.
- Follow up on and resolve recon items - no recon items to age over 60 days.
Reports:
- Assist with the preparation of the Business Review Pack.
- Supply weekly feedback to creditors on team focus for the week.
- Report Team performance to the Creditors Manager monthly.
- Report the expected cash requirements for local payments for month-end cash flow.
Audit:
- Assist with the yearly External Audit.
- Assist with all internal Audits.
Desired Experience & Qualification
- Matric qualification and relevant qualification in Accounts Payable or Bookkeeping.
- Minimum of 3 years in Accounts Payable.
- Extensive experience in creditors reconciliation.
- Proficient in time management with a proven ability to meet and exceed department deadline.
- Handle complex recons due to unique nature of business.
- Attention to details.
- Strive to resolve queries speedily and effectively.
- Proactively takes initiative in navigating unfamiliar situations and demonstrates adaptability to address the unknown.
- Must be able to enforce company policies and procedures (with exceptions being escalated)
- Be able to implement enhancements in the AP department.
- Be willing to perform additional duties that are not part of your portfolio (where reasonable able to)
- Must be computer literate (MS Word/Excel/Outlook/Internet)
Get job alerts
Create a job alert and receive personalized job recommendations straight to your inbox.
Create alert