Finance Assistant: Accounts Receivable

Job Advert Summary

Join Woolworths as a Finance Assistant Accounts Recievable based at Woolworths Head Office , where you will play a vital role in managing customer accounts for Buy Aid, Property, Sundry, and Supply Chain. You will be responsible for handling reconciliations, ensuring timely debt collection within specified payment terms, and resolving payment queries efficiently. Woolworths offers a supportive and innovative work environment, fostering career growth and making a real impact in the retail industry. If you are detail-oriented and driven to deliver excellent financial management, this is the perfect opportunity to advance your career with a respected market leader.

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.

Behavioural Skills:

• Personal Effectiveness
• Team leadership
• Passion for the brand and customers
• Thinking strategically and commercially.
• Leading Transformation
• Connecting people.
• Delivering high performance.
• Having an accounting mind-set.
• Making insightful business decisions.
• Driving quality.
• Planning and organizing.

Duties and Responsibilities

• Understand the accounting process of the accounts receivables transactions into the customer subledger accounts.
• To reconcile the Buy Aid customers’ transactions to the payments recieved.
• To forward the Buy aid society Merchant Numbers as per request received from the bank.
• Recover debt from All customers within the agreed payment terms and provide accurate feedback on all overdue customers.
• Ensure that all customer monthly processing has been completed and identify unprocessed customer payments and apply cash accurately to the customer accounts on a daily basis.
• Ensure that all Property customers are billed accurately and lease escalations are timeously communicated to the AR accountant.
• Ensure timeous and proper communication to All customers regarding outstanding debt or short payments, resolving queries or nonpayment’s timeoulsy.
• Ensure the monthly Slide in the Working Capital report has accurate commentary.
• 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.