Job Title: Financial Management Specialist
Job Description:
We are seeking a highly skilled and detail-oriented Financial Management Specialist to join our team. As a key member of our finance department, you will be responsible for managing our debtor ledger, ensuring timely payments, reducing aged debt, and maintaining strong customer relationships.
Key Responsibilities:
* Manage and monitor the sales ledger to ensure invoices are paid on time.
* Proactively chase outstanding payments via phone, email, and written communication.
* Allocate and reconcile incoming payments accurately.
* Investigate and resolve customer invoice queries promptly.
* Evaluate and escalate problematic accounts and recommend credit holds or legal action when necessary.
* Develop and maintain accurate reports on aged debt, cash collection performance, and debtor issues.
* Collaborate with internal teams to prevent and resolve disputes.
* Maintain accurate records and documentation related to financial transactions.
* Contribute to process improvements that enhance cash flow and reduce bad debt.