- Offered Salary 1000
- Career Level Student
- Experience Fresh
- Gender Female
- Industry Development
- Qualifications Degree Bachelor
THE BEVERAGE COMPANY: DEBT AND CREDIT ADMINISTRATION INTERNSHIPS 2020/2021
Company: The Beverage Company
Job Title: Debt & Credit Administration Internship
Location: Isando & Johannesburg
Closing Date: 26/05/2020
The Beverage Company is a large manufacturing company in the Carbonated Soft Drinks industry. The Group has a national footprint and focuses on quality products for the alternative beverage market.
Key Accountabilities and Outputs
•Receive and process supplier invoices on a daily basis
•Validate invoices received from suppliers against purchase orders and rectify / correct as required.
•Ensure Creditors payments from cash book to Suppliers accounts are correctly allocated
•Monitor vendor payments suspense account which includes clearing of accounts according to the policy.
•Request statements and supporting documentation from all suppliers timeously
•Responsible to monitor creditor aging which includes obtaining age analysis reports; identifying accounts with early settlement discounts. Work closely with Creditors Manager to delay payments as far as possible while balancing discounts possible, to enable The Bevco to meet our cashflow targets.
•Generate debit notes on system and follow up with suppliers regarding credits.
•Reconcile the supplier ledger and statement balance and investigate and resolve discrepancies in order to prepare the supplier remittance for creditors and transport.
•Provide relevant reports on creditors ageing, outstanding credits, ad – hoc as required.
Qualification and Knowledge
•Minimum: Grade 12.
•Preferred: Relevant Financial National diploma / degree
How to Apply
KEY PERFORMANCE AREAS
•Responsible to allocate customer receipts and credit notes of customer’s accounts on a daily basis
•Monitoring of daily customer receipts suspense accounts and allocating and tracing unknown receipts to specific customers.
•Responsible for the processing of claims; discounts and rebates to the customer’s accounts after approval by relevant sales team, based on approval levels.
•Responsible to monitor debtors aging which includes obtaining age analysis reports; identifying overdue accounts; contacting customers on an on-going daily basis; making appropriate notes on system; drafting and sending letters of demand to customers and sales. Work closely with HOD of Credit and Collections to continuously improve DSOs (Days Sales Outstanding), to enable LGB to meet our cashflow targets
•Daily/weekly interaction with sales teams on their problem accounts as well as on how we can support volume growth
•Responsible for providing feedback on overdues to HOD of Credit and Collections, who will collate age analysis and comments for submission to CFO and CEO daily.
•Responsible for the reconciliation of debtor’s statements which includes extracting receipts; comparing and identifying differences between customer statements; following up with customers and providing detail for reporting purposes.
•Daily interaction with orders team in terms of customers credit status prior to delivery.
•Responsible for the resolution of other general debtors account queries on a daily basis and any other adhoc debtors control activity
Qualification and knowledge
•Minimum: Grade 12.
•Required: Financial national diploma or equivalent.
How to Apply
Job Closing Date 26/05/2020