Financial Administrator

The core purpose of this role is to assist with the effective and timely collection of debtors, to optimize the cash flow, minimize bad debt risk, and maintain debtors days within acceptable levels. The Administrator: Receivables is responsible for monitoring customer accounts, following up on outstanding payments, and resolving queries promptly and professionally, contributing to the organization's financial stability and operational efficiency.
Key Duties and Responsibilities:

• Collect outstanding debt and initiate follow-up procedures on unpaid accounts.
• Allocate customer payments accurately.
• Identify and process bank transfers and deposits.
• Reconcile debtor accounts and resolve discrepancies.
• Accurately review credit notes, including settlement discounts.
• Process credit applications, including reference and ITC checks.
• Prepare and distribute debtor statements.
• Monitor doubtful debts and report concerns immediat...