Creditors Supervisor

SUMMARY:
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POSITION INFO:
Job & Company Descriptions:
My client within the property sector is looking for a Creditors Supervisor that can add value to their finance team. The Credit Supervisor is responsible for overseeing the entire credit granting process. This includes ensuring the consistent application of credit policies, conducting regular reviews of existing customers, and evaluating the creditworthiness of potential clients. The aim is to optimize the balance between company sales and bad debt losses.
 
As a Creditors Supervisor you will be Responsible for the Following:
Capturing Invoices:

• Assist with invoice capture as needed.
• Manage and analyze overdue items (60+ days).
• Investigate unpaid items and collaborate with relevant departments.
• Build supplier relationships through regular meetings.
• Maintain a comprehensive supplier database with details and services.
• Conduct vendor documentation audits to ensure compliance.

• Ensure adherence to payment deadlines (13:00).
• Review EFT payment batches for accuracy and compliance.
• Save soft copies of final EFT batches as proof of payment.
• Coordinate payment summaries for amounts over R350k by 10:00 on Wednesdays.

• Oversee compliance with procurement policies for supplier approvals.
• Maintain vendor records and BEE reporting requirements.

• Assist with month-end reconciliations of creditors control.
• Manage the general accrual process.

• Ensure all ad hoc payments are communicated and reconciled.
• Clear bank reconciliation items promptly.
• Correct and communicate any returned supplier payments.

• Ensure correct allocation and VAT treatment by credit clerks.
• Validate invoices against the invoice register.
• Coordinate completeness of monthly supplier statements.
• Review creditor reconciliations for accuracy.
• Ensure compliance with payment documentation requirements.
• Discuss outstanding items with department administrators and creditors.

• Run creditors age analysis reports post-pay cycles and ensure proper capture of ad hoc payments in the system.