Creditors Officer at iKhokha

Umhlanga Rocks, KwaZulu-Natal, South Africa -

Full Time

Start Date

Immediate

Expiry Date

08 Jul, 26

Salary

0.0

Posted On

09 Apr, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Accounts payable, Creditors management, Financial reconciliation, Procurement, MS Excel, MS Dynamics 365 Business Central, Analytical skills, Problem-solving, Negotiation, Communication, Attention to detail, Organizational skills, Cash flow management, Working capital management, Audit trail maintenance

Industry

Financial Services

Description

Company Description iKhokha is a place where chance takers become change makers. At iKhokha, we’re made to make it. As you'd expect, our pace is fast-moving and ever-changing. We like it that way. As one of the fastest growing Fintech's in Africa we've built a team of global change-makers who want to make an impact. If you believe that you are made to make it, be a chance-taker and help us empower small businesses in South Africa. Job Description We’re looking for a detail-driven and highly organised Creditors Officer to join our finance team. If you thrive in a fast-paced environment, have a keen eye for accuracy, and take pride in keeping financial processes running smoothly, this could be the perfect opportunity for you. So, what will you do? Assist the Creditors Team Lead with the accurate and efficient management of the company’s creditors book. Comply with company policy with respect to creditors (i.e., ensuring creditors days/other working capital metrics are kept in line with company policy). Liaise with counterparts at finance/debtors/accounts receivable departments at creditors to ensure prompt payment of outstanding amounts payable. Review of system-generated profit share reports sent to large sales channel partners. Oversight of creditors contracting and assistance with 3rd party negotiations where appropriate. In addition to the above, you will: Procurement: Collect required documentation for creditor onboarding in line with company policy (i.e., purchase orders, supplier quotes, supplier invoices, supplier contracts, proof of banking details, supplier BEE certificates, etc.). Load beneficiary banking details on company’s banking profile for Creditors Team Lead review. Assist the Creditors Team Lead with filing of all procurement related documents and maintenance of an audit trail of any changes thereto. Collate necessary CIPC, SARS and other necessary KYC information required for the company to be onboarded by authorised creditors. Raise purchase orders as required for Creditors Team Lead / Finance Operations Manager review and approval. Processing of supplier invoices and credit notes timeously. Payments: Ensure that payments made to company creditors are accurate and in accordance with contractually agreed terms. Assist Creditors Team Lead with the weekly payment reconciliations and payments that need to be made. Load payment runs on company’s banking profile for dual release by Creditors Officer & Finance Operations Manager/CFO. Review monthly company credit card statements and escalate any unauthorised payments to Creditors Team Lead. Reporting & Reconciliation: Prepare payment reconciliations between purchase orders & creditor invoices for Creditors Team Lead review. Reconciling of creditors accounts on a weekly and monthly basis to ensure payments are made accurately and in accordance to supplier terms. Contact suppliers for outstanding invoices. Review open Purchase Orders Match cash book disbursements made to creditors to underlying creditors ledger Generate accrual listings for Creditors Team Lead review Processing of company credit cards to Business Central and reconcile to statement balance on a weekly basis and investigation into any unauthorised payments. Assist the Creditors Team Lead in generating the creditors age analysis as presented to the Finance Operations Manager & CFO on a monthly basis. Assist the Creditors Team Lead with cash flow and working capital management on an ad hoc basis Review system-generated profit share reporting for payment to 3rd party sales channel partners. Qualifications Business Administration/Finance Degree or Diploma Deal Breakers: 3+ years’ experience in a accounts payable / creditors department with a minimum book size of R25m plus. Prior experience in a technology, telecoms or large-scale retail environment would be favourable. Advanced MS Excel experience would be favourable. Practical experience in MS Dynamics 365 Business Central or similar accounting package would be favourable. Additional Skills & Knowledge: Be a self-starter / entrepreneurial and willing to get their hands dirty in a company with a scale-up culture. Be able to handle pressure and adapt to change in a dynamic, rapidly shifting environment. Strong analytical and problem-solving skills and excellent attention to detail. Excellent organizational, communication and negotiation skills. Additional Information Perks of joining the Tribe? Work in a high-growth company with tangible results you're accountable for. Competitive remuneration and benefits, including reduced Gap cover rates. Medical Aid and Group Risk scheme contributions. Visionary leadership. Seize the opportunity for study leave. Access to on-demand learning at your fingertips. Experience a friendly, collaborative culture with a team of all-round-lekker humans (it’s true, we surveyed our Employees and they told us so). If you find yourself at HQ, coffee on tap and a selection of hot beverages provided by our very own onsite Barista. Stay Sharp! Job scams are out there, but we’ve got your back. Here’s how to keep it real when applying: Apply the iK way: Go via our Careers page or verified platforms (Smart Recruiters). We’ll never ask for payment, personal financial details, or anything unusual during the hiring process. If someone does, it’s a scam, report it. If something feels off, pause and confirm the role on our site before responding. Your journey to join the iKTribe starts with trust and we’re here to keep it simple and secure. Work policy: Onsite

Responsibilities

The Creditors Officer will manage the company's creditors book, ensuring accurate processing of supplier invoices and timely payments. They will also handle procurement documentation, perform account reconciliations, and assist with cash flow and working capital management.