Financial Administrator

RMB • Other • Randburg, Gauteng, South Africa • $200 - $300 / year • 2h ago

Time left to apply: End Date: October 11, 2024 (7 days left to apply)

Job Requisition ID: R22575

Job Description

To provide financial administration support to the business unit by maintaining accurate records for all financial transactions and managing payments and invoices within agreed processes, procedures, and timelines.

Key duties and responsibilities of a Debtors Administration Clerk may include:

Invoicing: Generating and issuing invoices to customers for goods or services rendered.
Monitoring Accounts: Keeping track of outstanding balances and following up with customers for payments.
Payment Processing: Recording payments received and reconciling them with the accounts receivable ledger.
Customer Communication: Contacting customers via phone, email, or mail to remind them of overdue payments and negotiate payment terms if necessary.
Credit Control: Assessing the creditworthiness of new customers and setting appropriate credit limits.
Record Keeping: Maintaining accurate records of customer accounts, payments, and correspondence.
Reporting: Providing regular reports to management on accounts receivable aging, cash flow, and outstanding balances.
Resolving Disputes: Investigating and resolving any discrepancies or disputes related to billing or payments.
Collections: Initiating collection procedures for overdue accounts, which may involve sending collection letters or engaging with collection agencies.
Administrative Support: Assisting with other administrative tasks within the finance department as needed.

Overall, the Financial Administrator plays a crucial role in efficiently managing accounts receivable and minimizing bad debts. Strong attention to detail, communication skills, and proficiency in accounting software are typically required for this role.

Job Details

Application Closing Date: 11/10/24

All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.

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