Creditors Supervisor

Johannesburg
Salary: R25 000.00 - R30 000.00 Per Month
Job Type: Permanent
Sectors: Accounting
Reference: NFR005973/PaB

Apply before Apr 02 2025 | 9 Hours left

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Vacancy Details

Employer: Network Recruitment

Are you a detail-driven finance professional with a passion for leadership and process excellence?

My client is seeking an experienced and detail-oriented Creditors Supervisor to join their dynamic finance team.

This role is responsible for overseeing the creditors function, ensuring efficient transaction processing, compliance with policies and tax regulations, and maintaining effective internal controls.

The successful candidate will lead a team of Creditors Clerks, manage vendor accounts, and support financial reporting, to enhance operational efficiency.

This role is based in Sandton, Johannesburg North.

Key Responsibilities:

Coordinate and manage the activities of the creditors team to ensure high service levels.
Oversee transaction processing, ensuring compliance with company policies and procedures.
Conduct first-level review and approval of payment runs.
Approve supplier reconciliations and address any discrepancies.
Respond promptly to supplier and business queries.
Collaborate with service departments on orders, queries, documentation, and payments.
Ensure adherence to payment deadlines.
Maintain detailed tax compliance knowledge related to accounts payable processes.
Ensure compliance with FICA requirements.
Reconciliations and Reporting:
- Generate and review management reports on accounts payable activities, including aging summaries.
- Monitor and manage vendor age analysis.
- Assist Creditors Clerks with improving overall performance.
- Compile monthly team reports in line with management requirements.
Compliance and Controls:
- Enforce internal controls to safeguard company assets and prevent fraud.
- Identify opportunities for process improvements and automation.
- Collaborate with cross-functional teams to enhance workflows and efficiency.
- Evaluate and enhance policies across the entity to improve financial control.
- Ensure that vendor information is up to date in the accounts payable module.
- Approve and monitor vendor details, banking information, and master data updates.
Team Management:
- Build, train, and manage an efficient and independent creditors team.
- Maintain team morale and ensure alignment with company culture and goals.
- Approve team leave in line with operational needs.
- Develop and implement a succession plan for the creditors team.
Enquiries, Correspondence, and General Support:
- Oversee creditor operations to ensure timely supplier payments and prevent service disruptions.
- Handle supplier correspondence and resolve payment-related inquiries.
- Ensure accurate and timely processing of payments and reconciliations in line with accounting policies.
- Provide support during audits by preparing relevant documentation and reports.

Qualifications and Experience:

Diploma/Degree in Accounting, Finance, or a related field.
Strong knowledge of accounts payable processes, tax regulations, and FICA compliance.
Proven experience in team leadership and staff development.
Excellent analytical, problem-solving, and communication skills.
Ability to work under pressure and meet deadlines.

If you are interested in this opportunity, please apply directly. For more finance jobs, please visit www.networkrecruitmentinternational.com.
If you have not had any response in two weeks, please consider the vacancy application unsuccessful.

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About Network Recruitment

Network Recruitment

Network Recruitment is a leading specialist recruitment company in the fields of IT, Finance and Engineering.

Since our establishment in 1987, we have been at the forefront of the specialist recruitment industry. Network Recruitment’s key to success is the focus on delivering superior quality service by developing and maintaining an exclusive focus on sourcing high-calibre skills for medium-sized to JSE-listed companies operating in these three niche sectors across South Africa.

Our experience in permanent and contract-based recruitment enables us to provide you with recruitment solutions that meet your long- and short-term needs.

Network Recruitment is a division of ADvTECH Resourcing, the recruitment arm of the national JSE-listed ADvTECH Limited Group a leader in quality education, training, skills development and placement services.