Job Description

The Senior Accounts Receivable Manager is responsible for effective and efficient credit management and collections function in the division to optimise cash flow and minimise financial risk. This role ensures compliance with internal controls, credit policies, and legal requirements while maintaining accurate accounts receivable records. The role drives efficiency through process oversight, reporting, and team leadership to support the company's financial objectives.
Job description
Key Performance Areas
Credit Risk Management

• Monitor and manage the overall credit risk exposure of the division to

acceptable levels.

• Lead the conducting of thorough credit assessments for new and existing retailers while ensuring efficient processes.
• Manage and maintain securities register for debtor accounts.
• Implement and maintain the Credit Committee Charter and Terms of Reference for Retailer Loans.

Collection and Receivables Management

• Implement effective collection strategies and follow up on overdue accounts.
• Negotiation and manage payment plans with retailers experiencing financial difficulties.
• Engage and instruct attorneys on legal accounts.
• Manage bond perfection and liquidations.
• Any other reasonable task requested by management.

Compliance

• Ensure compliance with the FIC Act, National Credit Act/Regulations, and reporting.
• Maintain internal control environment.

• Reporting and Administration
• Provide insights and recommendations to for decision making on credit management strategies.
• Attend and administer weekly Credit meetings and drive outcomes as well as related projects.
• Closely monitor and report on credit limits, overdue percentages, economic factors, debtors' days and retailer payment patterns.
• Implement reporting functionality and capability that allows for effective credit management oversight by relevant stakeholders, including guidance on dispute resolutions with retailers and customers.

Relationship Management

• Lead accounts receivable team.
• Provide strategic and operational support and guidance to the divisional

Retail Operations Management Team.

• Manage relationships with retailers to ensure adequate risk coverage for high-risk accounts and retailer groups.

Minimum requirements
THE PERSON MUST SATISFY THE FOLLOWING COMPETENCIES

• Relevant Accounting Qualification and Credit Management Certification.
• Minimum of 5 years' experience in a similar role
• Legislation (FIC, Insolvency law, Companies Act, National Credit Act)
• Proficiency in SAP and other ERP systems
• Commercial and business acumen
• Excellent analytical, problem-solving, and communication skills
• Detail-oriented
• Management skills
• Ability to work under pressure in a fast-paced environment
• Ability to building strategic and collaborative working relationships

Skills Required