Debtors Accountant

Overall Purpose of the Role:

This is a debtors management role within the MCA finance team – this role is responsible for daily disbursements to customers, monthly reporting, bank management, weekly reconciliations and debtor query handling, as well as collections/receipts allocations and reconciliations.

Experience and Skills Required:

o Tertiary qualification in relevant field required: Accounting or Finance

o Minimum of 5 years’ experience in accounting, bookkeeping finance, or financial analysis.

o Strong proficiency in financial systems and Microsoft Office (Excel, Word, PowerPoint).

Responsibilities:

Responsibilities of the role include but are not limited to:

• Accurate reporting on debtors’ book for month end process and meeting tight month-end deadlines.

• Manage and process customer receipts, client settlements and refunds and ensure these are accurately and timeously reconciled.

• Regular review of the debtors ageing to ensure accuracy through resolution of any irregularities identified

• Disbursements processed to customers daily:

o Ensure all payments are processed accurately and timeously to customers

o Facilitate communication with sales and underwriting teams to ensure customer needs are met timeously

o Execute on all disbursement instructions and maintain a clear query log daily

o Perform daily disbursement reconciliations

• Effective and proactive management of all debtor queries, adhering to predefined SLA turnaround times.

• Daily bank reconciliations and cashbook processing

• Reporting of receipts data monthly to various stakeholders 

• Sound knowledge of accounting principles applied in recognising transactions and thorough understanding the flows from other system into the Finance ERP system, to enable errors and issues to be identified and corrected timeously.

• Work closely with the collections, risk, developer teams and the call centre department by taking ownership and pro-actively resolving internal and external issues timeously.

• Process customer write-offs, recoveries and external debt collector receipts timeously and accurately

• Ensure unallocated receipts/suspense accounts are kept to a minimum and worked on pro actively

• Processing intercompany transactions and billings monthly

• General ledger and balance sheet reconciliations

• Process general journal entries and ad hoc invoicing as required

• Maintain and adhere to internal control systems

• Maintaining complete and accurate documentation and support for all transactions processed

• Provide support for all internal and external audit requests pertaining to the area of responsibility

• Conduct ad hoc financial analysis and reporting as needed.

• Any adhoc tasks required to assist Financial Manager