Credit Controller at Sasol

Purpose of Job

• Control debtors’ accounts as per agreements and in adherence with credit management policies and procedures to minimise bad debts.

Recruitment Description / Key Accountabilities

• Manage debtors book according to established Accounts Receivables policies and procedures and agreed terms
• Follow up on overdue accounts to reduce debtors’ DSO and achieve set targets.
• Prepare and submit reports on overdue and term accounts.
• Collect bad debts in a timely manner and within agreed payment terms.
• Carry out accurate reconciliation between customer and debtors accounts.
• Release orders for blocked accounts as per approvals and delegation of authority.
• Prepare credit/debit, refund, and rebates requests and attach relevant supporting documents.
• Calculate ACB deductions, monthly rebates, refunds, settlement discounts, and credits/debits.
• Process monthly interest charges on defaulting customers as per agreed credit policy.
• Accurately allocate payments.
• Predict accurate cash flow within area of responsibility.
• Download and process bank statements. Clear bank general ledgers daily.
• Communicate with internal and external customers
• Handle customer queries on invoices and maintain records on system. Assist internal and external auditors as needed.
• Comply to policies, credit legislation, International Accounting Standards (IAS), provisions of SOX control, relevant statutory requirements of IFRS, Companies Act, and NCA.
• Apply evidence-based SHE practices in alignment with set standards for safe operations.
• Implement Sasol Group's risk philosophy and enterprise risk management framework.
• Build and maintain positive relationships with internal and external stakeholders to enable the achievement of effective debt collection and reduction of debtors’ DSO.
• Continuously improve own skills and knowledge. Complete, implement, and track personal development plan to attain personal performance goals.

Formal Education

• High School / School Diploma or similar

Min Experience

• Experience: 3+ relevant years