Group Shared Service Manager wanted: Salary R550 000 to R600 000 yearly


Group Shared Service Manager wanted: Salary R550 000 to R600 000 yearly

Our client is looking to employ a group shared service manager with strong experience in credit control.

Minimum Requirements for position:

Diploma / degree in finance or credit management or equivalent
Good understanding of National Credit Act essential
Have a minimum of ten years experience in a credit management or shared service position;
Have excellent communication skills and demonstrated management experience;
Be able to work under pressure
Be assertive, trustworthy, flexible and have good planning and organisational skills;

Key Roles & Responsibilities will include:

Set up and manage a central group shared service department of 13 staff for accounts receivable and accounts payable
Consolidate 10 individual debtors and creditors ledger into one group ledger
Accounts receivable
Professionally manage credit risk in accordance with guidelines from management;
Establish and maintain group credit policies & procedures;
Approve all new credit applications and credit limit extensions in terms of policy;
Apply for and monitor CGIC cover as per policy;
Approve release of blocked orders in terms of policy;
Ensure collections are processed timeously and accurately on remittances received from customers;
Ensure settlement discounts are granted correctly;
Ensure statements are correct and reach customers timeously;
Ensure master file is correctly reflected in the system as per approved and signed credit application;
Review of all reconciliations to ensure accuracy of accounts;
Sign off on monthly bank reconciliation confirming that all deposits have been accurately allocated in the system and amounts balance;
Calculate monthly provision for doubtful debt;
Liaise with CGIC or legal council on all bad debt handed over to ensure monies recovered where possible;
Conduct monthly meetings with sales and plant personnel to co-ordinate focused collections and timely processes in the plants;
Accounts payable
Liaising with suppliers as and when required;
Daily liaising with operations around the country to resolve queries;
Review and sign off all supporting documentation for payments;
Ensure VAT compliance of all invoices received;
Ensure all payments are made against statement and correct reconciled to X3;
Prepare weekly and monthly payment runs as per agreed time table;

Balance the Age Analysis’s to GL monthly and submit recon to FD;


The ideal candidate can expect a salary between R550,000 – R600,000 p/a



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Source: Indeed

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