Purpose of the job:
Maintain debtors' books by correctly invoicing and allocating and collection of monies and providing management with an accurate reflection of the debtor's status on both LMV/HCV and AP where applicable.
1. Ensure the achievement of monthly collections targets
Adhere to monthly targets set by management.
Ensure collections targets are met monthly and debtors ageing is within accepted parameters including stages.
Ensure Bordereaux statements are accurate as well as client paying per invoice are sent timeously.
Ensure outstanding items on the debtors' recon are minimal.
Optimize cash flows and stages.
Liaise with all departments to ensure timeous posting.
Provide cash flow projections billing as and when required.
2. Manage and control costs to achieve/exceed budget
Ensure that credit notes are processed timeously with relevant supporting documentation and journal notes are updated on Dreamtec.
Analyse discrepancies and queries and ensure it is resolved every month end.
Notify accounts payables of any debit adjustments with valid reasons why, where applicable.
3. Query escalations
Escalate queries clearly to relevant departments and ensure that they are finalised before every month end.
4. Ensure internal and group governance and compliance standards are always met.
Stay updated on industry and legislative changes.
Ensure high quality invoicing and collection procedures that comply legally.
Ensure all team members follow accounting principles.
5. Maintain Dreamtec Relationship
Liaise with dedicated employee within FAM on any Dreamtec errors.
6. ADHOC
Any additional ADHOC requests made by management must be adhered to.
7. Inter-company and departmental relationship
Ensure that professional relationships are maintained between all departments, inter-companies, and service providers.
Ensure that training sessions are attended upon request.
Critical experience:
5 years credit control experience with a sound understanding of the Insurance industry.
Minimum Education:
Matric
Technical (systems) knowledge required:
Microsoft & Excel (all suites) – Advanced
Acumatica, Salesforce, and Dreamtec
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