Job title: Debtors Manager
Location: Cape Town
Travel Involved: No
Job Type: Permanent
Education: Degree / Diploma
Company: Highbury Media
Job Category: Finance
Compensation: TBC
Position Summary:

Highbury Media (Pty) Ltd is SA’s largest independent magazine and digital publishing company responsible for some of the country’s best-performing titles. We are currently looking for a debtors manager for our finance department.

 

The successful candidate will be responsible for the following:

• Assessing credit worthiness of potential clients. 

• Prepare year-end audit for debtors team.

• Manage bad debts and liaise with the in-house attorney.

• Manage staff by setting realistic deadlines, communicating expectations as well as coaching and training. 

• Provide financial director with prior month's actual collections and analysis, and calculate the forecast for the upcoming month. 

• Follow up on recons with magazines and sales staff.

• Provide a weekly update of the forecast to financial director.

• Respond to queries and communicate thoroughly to sales staff/customers. 

• Manage and allocate debtors book of up to +/- 600 clients amongst credit controllers. 

• Approval of commissions/advances.

• Advise sales staff of claim queries.

• Approval of sales contracts and clients prior to commissions being paid out. 

• Review creditworthiness of both new and existing clients. 

• Manage and assist with collections of due/overdue accounts.

• Process credit applications, bank codes and ITC reports for new clients.

• Communicate effectively with team and sales department. 

• Secure extensions of credit for existing clients.

• Set credit limits and credit terms for new clients. 

 

Requirements:

• Knowledge of NCA and Consumer Protection Act.

• Strong management and communication skills.

• Innovative, reliable and flexible.

• Driven, committed and self-motivated.

• Passionate.

• Teamwork and cooperation. 

• Excellent decision-making skills and highly ethical.

• Problem-solving skills.