Description:
Job Purpose
Administer the back-office processing and accounting of confidential, with-recourse invoice financing transactions. Maintain accurate financial records and ensure operational compliance. Liaise with clients’ debtor controllers, not their debtors.Key Responsibilities
Processing: Validate client invoices for financing eligibility. Accounting: Post funding, repayments, and fees on Xero and Frontier LMS. Reconciliation: Daily and monthly reconciliations of financed invoices and bank accounts. Monitoring: Track debtor payments, escalate overdue invoices. Client Liaison: Communicate with clients' finance teams professionally. Reporting: Prepare regular client statements and internal management reports. Compliance: Ensure transactions follow regulatory and internal policy standards. Workflow Management: Coordinate the full invoice financing lifecycle from funding to repayment. Record-Keeping: Maintain up-to-date, secure transaction files. Continuous Improvement: Recommend enhancements to efficiency and accuracy.Key Competencies and Skills
Solid accounting and bookkeeping knowledge (debtors, reconciliations). Strong attention to detail and high level of accuracy. Analytical approach to problem-solving. Proficiency in Xero, Excel, and general IT systems. Excellent organizational and time management skills. Strong written and verbal communication skills. High integrity and respect for confidentiality. Customer service orientation (internal and external stakeholders). Team player, proactive, adaptable, and willing to learn.Qualifications and Experience
Tertiary qualification in Finance, Accounting, or related field (BCom or diploma preferred). 1–2 years’ experience in accounting, debtors’ control, or finance administration. Experience with Xero (preferred) or other accounting software. Exposure to invoice discounting, factoring, or banking industry (advantageous). Basic knowledge of financial compliance (e.g., KYC, AML) helpful.Type of Person
Detail-oriented, conscientious, and organized. Ethical, trustworthy, and discreet. Self-motivated and proactive worker. Team-oriented with strong collaboration skills. Calm under pressure and handles deadlines effectively. Professional and positive attitude toward service and learning.Reporting Line
Reports to the Senior Accountant
05 May 2025;
from:
gumtree.co.za