Finance Assistant Accounts Receivable at Woolworths

Job description

• Understand the accounting process of the accounts receivables transactions into the customer subledger accounts.
• To reconcile the Buy Aid customers transactions to the payments received.
• To forward the Buy aid society Merchant Numbers as per request received from the bank.
• Maintain intercompany movement for CRV Australia by month, ensure intercompany balances are sent and confirmations are received.
• Recover debt from All customers within the agreed payment terms. Identify unprocessed customer payments and apply cash accurately to the customer accounts on a daily basis.
• Provide Treasury with UCR number & BOP categories for Intercompany Debtor payments.
• Ensure timeous and proper communication to All customers regarding outstanding debt or short payments, resolving queries or nonpayment’s timeously.
•  Ensure the monthly Slide in the Working Capital report has accurate commentary. Ensure that all customer monthly processing has been completed and payments allocated.
• Review all manual billing instructions for completeness and accuracy. Ensure the timeous escalation of queries or system failures with the relevant business unit stakeholders.
• Adhoc Reporting as requested by management.

Minimum requirements

• Accounting Diploma from a Technical College or 4 years’ experience in an accounting environment
• Sound understanding of accounting principles. Proven competence in Excel and Oracle financial systems.
• Apply accounting knowledge in a large, complex IT driven accounting environment and to process large volumes of financial transactions.