Job Summary:

To take overall responsibility for the Group Creditors function encompassing the capturing of invoices, the preparation of supplier reconciliations, the full banking process and continuous communication.

Minimum Requirements:

• Grade 12
• Diploma / Degree in Finance
• 3-5 years’ experience as a Creditor’s Manager
• Private healthcare experience is advantageous

Minimum work experience:

• Set goals and standards for the Creditor’s Department to support the business and Finance plans.
• Adapt ways of working to accommodate the requirements of different mining sections
• Define, establish and utilise an efficient and effective knowledge capture process, tooling and reporting
• Develop and embed policies, standards and processes
• Ensure that invoices are VAT compliant
• Ensure that differences between supplier statements and GL are investigated immediately and resolved
• Ensure no debit balances appear on Creditors ageing
• Ensure all Creditors reconciliations are up to date for the Group and there is immediate follow up for outstanding items
• Populate a consolidated Creditors ageing for the Group on a weekly basis
• Ensure accurate posting of invoices and payment journals
• Develop work processes to assess the accurate recording of monthly expenses and raise accruals as needed
• Ensure that the cash flow forecast is kept up to date and reconciled weekly back to the balance per the bank account and submit to the Group FM: Operations and Projects per agreed timelines
• Oversee the proper allocation of accounts to Clerks
• Investigate and understand stakeholders needs to enable delivery of a quality service
• Clearly define goals and objectives and provide direction, coaching and regular feedback
• Ensure that all team members are competent to deliver the outputs of their jobs within a specified time after being appointed in the position.
• Comply with cost controls in order to achieve section budget
• Report on cost usage that reflects delivery of planned work within agreed parameters.
• Analyse information and reports to identify trends, discrepancies and inconsistencies for decision-making purposes