Credit Finance Specialist— Month-End Focus, Cape Town

Overview: Our client is a leading South African fashion retailer with a well-established reputation in the clothing retail industry. The organisation operates in a fast-paced retail environment and is known for its focus on quality, customer experience, and operational excellence within the fashion and retail space.They are looking for a detail orientated team player to join their team as a Credit Finance Coordinator. An individual who can meet deadlines, support the team and solve problems by maintaining composure and communicating effectively. Responsibilities: Daily systems reconciliation Reconciliation of daily transaction details in POS to Debtors systemInvestigation of reconciliation differences Capturing of collections Process manual capturing of payments made by attorneys, outside collectors and administrators on behalf of customers Account balance insurance Collection of Insurance data and liaising between internal and external stakeholdersProcessing of insurance invoices - following up with insurance provider and ensuring correct invoices are received Preparation of Insurance reconciliations Provide relevant customer information and insurance collection files to insurers EFT and direct deposit rejections Request information from banks to give effect to rejected EFT and direct deposit paymentsAssisting during month end/periods of leave with the capturing of EDC Payments, correction of rejects etc. Posting of corrections to customer accounts Assistance with queries directed from credit services and external debt collectors Bank accounts Assistance in the manual reconciliation of the electronic deposit and direct deposit accounts for the various countriesFollowing up on reconciled items Monitoring of suspense accounts Ensure that all debit orders submitted are processed by the host banks and correctly recorded in the debtors system Administration Capturing of departmental expense invoices Liaising with marketing department including weekly marketing reportsCollection/administration of gift cards and account credits Business control accounts Monitoring of business control accounts and investigation of anomalies Monthly reconciliations Critical analysis of reconciliations including investigation of variances, ratio analysis and year on year comparisonsMonth-end procedures Preparation of monthly expense variance reporting Assist the manager with monthly trade debtors and gross bad debt budgeting Assist the manager in calculating the cost of credit for reporting Preparation of cash versus credit sales reports Preparation of month-end journalsMonthly expense forecasting and variance analysis Monthly trade debtors forecast reporting Year-end procedures/annual audit Facilitate the year-end audit process with external auditors, including: Providing explanations for account movements, variances and reconciling items Provide data and source documentation requested for audit purposesAnnual financial statements Preparation of annual financial statements Requirements: National Diploma in Accounting or BCom 2-3 years relevant experience Experience with general ledger functions and the month-end/year-end close process Excellent working knowledge of MS Excel essential Experience in Oracle Business Intelligence and Nexus Vision preferableExcellent attention to detail Strong financial accounting skills Retail Industry experience would be advantageous Competencies: Strong Excel skills Excellent attention to detail Excellent communication skills Strong numeric, organisational and interpersonal skills Good technical and commercial skillsExcellent communication and interpersonal skills with an ability to interact and gain respect and trust at all levels Proactive self-starter who thrives on being fully accountable for their work Strong initiative and ability to manage multiple projects to tight deadlines Must be detail-oriented with strong analytical skills whilst still being able to view the‘Big Picture’Ability to work well with others and handle pressure and rapidly changing demands in a fast paced environment Ability to stay calm under pressure and meet strict deadlines Must be a flexible and adaptable person in terms of taking on responsibilities and covering for the work of others

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