Accounts Receivable Administrator

The JSE recognises that its success and strength depend on the quality of its employees.

We are committed to fostering a culture of continuous learning and high standards of performance.

Our employee wellness programme is designed to encourage work-life balance for employees.

We naturally seek to empower staff and encourage diversity and opportunities for all.

Introduction

We are currently recruiting for a 6-Month-Contract Accounts Receivable Administrator to join our dynamic team, based in Sandton.

To provide debtor management and collections support for the business and customers in keeping bad debt to a minimum as well as offer back-office admin for the treasury function.

KEY PERFORMANCE AREAS

Results Delivery

1. Apply cost effectiveness principles in everyday delivery to contribute to achievement of departmental financial targets.
2. Enhancing the collection process by proactively supporting the collection drive and continually improve the collection process and methodologies.
3. Accurate reporting of activities by adhering to specific deadlines.

Stakeholder Relationship Management

1. Ensure that queries are resolved timeously by assisting internal and external clients by supplying them with correct information as soon as possible.
2. Build sustainable relationships with internal / external clients and vendors by daily communication with them and always supplying them with the correct information when they need it.
3. Ensure own understanding and meeting of external clients' needs and uphold the JSE reputation in customer interaction.
4. Maintain sustainable working relationship with JSE's Bankers through ongoing engagement to ensure they deliver on our investments' administrative needs (Back Office) and objectives.

Process Management

1. Manage debt collection by meeting and exceeding debtors aging targets and keeping bad debt to a minimum.
2. Follow up on, collect and allocate payments timeously to accounts by proactively initiating debt collections by means of communicating on various levels.
3. Ensure that collections are received within the JSE policy reviewing and maintaining AR aging to ensure compliance to agreed metrics per scorecard.
4. Research and resolve payment discrepancies within a reasonable turnaround time by collaboration between the bank and the client.
5. Follow established procedure for processing receipts within a control-based environment.
6. Maintain account receivable customer files and records to ensure information is available when needed by anyone.
7. Confirm all interest received during the month by verifying entries processed to the bank statements to ensure that the bank has paid in the correct interest due at the end of each month.
8. Process debtors' adjustments with substantiated evidence on Accpac and ensure all adjustments are signed off by manager before processing and provide proper information on adjustments should any queries arise.
9. Eliminate bad debt write off by organising a recovery system and initiate collection efforts.
10. Resolve Debtors queries on invoicing in liaison and collaboration with the Billing section.
11. Liaise with banking institutions relating to investments to ensure independent treasury confirmations and that the interest rate, the invested amount and the number of days of investment are correct.
12. Prepare accurate bank reconciliations for all call and fixed term deposits within treasury by ensuring that all call and fixed term deposits is accurate and correct.
13. Prepare month end General Ledger reconciliation for the Bad debt provision account ensuring that it is aligned to the Accounting standards for interim and year audit disclosures.

Self Management

1. Improve personal capability and professional growth in line with JSE objectives by discussing development needs and proposed solutions with management.
2. Be an effective team member encouraging team-work and freely sharing knowledge.
3. Visibly live the JSE values contributing to the achievement of divisional objectives.
4. Manage self in terms of development, delivery and act as a self-starter.

Transformation and Innovation Contribution

1. Identify, share and implement value adding improvement / innovative ideas and solutions contributing to divisional and JSE results.

Qualification

Grade 12 Diploma in Accounting Principles. B-Degree in Accounting preferred.

Experience

5 years working experience in debtor's management.

Knowledge

Application of IFRS and GAAP. MS Office – Excellent Excel, PPT, Word and Outlook. Principles of funds under management.

Skills