Debtors Manager - #366454

The Globevest Group

Date: 6 days ago
City: Johannesburg, Gauteng
Contract type: Full time
Salary: Market related

Location: Sandton

Industry: Manufacturing

Reference Number: RDT.H.DM.15052024


Our client, a leader in optical lens manufacturing, is looking for a Debtors Manager to join their team. This position reports to the Financial Controller.


  • Manage Accounts receivable risk of the company by, implementing credit balance control and to control the bad debt process
  • Reduce outstanding credit note issues, manage the records on incentives and rebates and manage the archiving process for customer agreements
  • Manage and motivate the AR staff as well as the Credit Team


Manage and steer the AR team to excellence

  • Encourage and motivate AR staff
  • Communicate and apply company Values & Ethics
  • Assist staff in constructing payment agreements
  • Drive the Experian System checks weekly
  • Ensure AR targets and deadlines are met & customer queries are attended to

Credit Balance Management

  • Testing Credit balances bi-annually with agreed method
  • Apply correct balances; comply with legal requirements on increases
  • Provide reports on over and under trading accounts
  • Manage the Experian System

Bad Debt Management

  • Liaise with company lawyer (hand overs; change of ownership)
  • Review Payment Plans with Fin Controller for approval
  • Mange Legal Cost vs Debt Ratio; manage the Flowlites system
  • Compile the Bad Debt provision monthly

Incentives and Discount Management

  • Ensure subordinates apply correct discount rates
  • Manage the discount variation policy
  • Manage all discount and Rebate accruals in the General ledger
  • Manage Rebate payments
  • Ensure Subordinates manage the credit card cost re-charges
  • Maintain the Rebate register and apply correct values and time lines

Archiving Management

  • Ensure staff is following the correct process in filing new applications
  • Ensure validity of credit applications for new and old credit applications
  • Verify Surety details and special arrangements

Inter Company Accounts Receivable And Rechargeable Accounts Receivable

  • Ensure all ICO charges has been done and filed
  • Ensure all sundry Accounts receivable has been charged

Credit Tickets Management

  • Ensure Credit Staff maintain agreed KPI ticket processing
  • Assist in complex credit cases

Project Management

  • Supporting Financial Controller in Ad hoc projects


  • Grade 12
  • Higher Certificate or Advanced National Certificate in Credit Management
  • Credit Management Certificate


  • At least 10 years exposure in Credit Management
  • Credit experience in local environment, international and Inter Company environment
  • Bad Debt Management
  • High level of experience in working with Sales staff/Operational/Financial Staff
  • Managing an AR team
  • SAP experience beneficial
  • Accounting skills, Legal process knowledge, Experience in reviewing customer agreements and incentive contracts
  • Calm, accurate, timeously and assertive under deadline pressures
  • Highly skilled in complex reconciliations


By Submitting your CV, you confirm that:

  • We may retain your personal information in our database for future matching.
  • We may contact you when suitable opportunities arise.
  • The information you have provided to us is true, correct and up to date.

We endeavour to reply to each and every application, however, should you not hear back from us within 14 days please consider your application unsuccessful.
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