It's fun to work in a company where people truly BELIEVE in what they're doing!
Responsible for managing the bakery's credit control function, overseeing the collection of outstanding debts, managing the relationships with customers, and ensuring the company’s cash flow remains healthy. The role includes monitoring and enforcing credit policies, reducing bad debts, and ensuring all payments are made within agreed terms.General Ledger (GL) Maintenance
Assist with the preparation of month-end general ledger (GL) reconciliations.
Ensure accuracy and completeness of GL entries.
Review GL to verify that all transactions have been correctly posted
Prepare and request manual journals for processing under the guidance of the accountant.
Journal Entries
Ensure that journal entries are accurate, timely, and comply with company policies.
Prepare and request manual journals for processing under the guidance of the accountant.
Minimised credit risk exposure
Review accounts and supply commentary
Ensure credit evaluations are performed as stated in the credit policy
Ensure compliance to the Bakeries BMR (SOP’s) are implemented and maintained
Monitor the audit process
Engaging with National Office regarding credit assurance company to insure credit risk
Co-ordinating with internal and External Auditors
Managing the Bakeries Trade spend
Review customer promotional activities on a weekly basis and make sure that all promotions (sallies & Tallies) are adequately provided for.
Review monthly trade spend claim deductions for accuracy and approve trade spend payments.
Reporting & Analysis
Prepare and present regular reports on the status of outstanding debts, cash flow, and credit control performance.
Analyse aging reports and follow up on delinquent accounts to reduce the risk of bad debts.
Identify trends in late payments or customer behaviour and develop strategies to address these.
Debt Recovery & Legal Actions:
Initiate legal recovery actions for accounts with National Office.
Ensure compliance with the law and the company’s policies when taking legal action to recover debts
Establish and maintain strong relationships with Internal and External customers
Regular engagement with customers
Fluid communication
Minimum Requirement:
National Diploma in Credit Management
Experience:
3-5years FMCG Experience
In accordance with the employment equity plan of Tiger Brands and its employment equity goals and targets, preference may be given, but is not limited, to candidates from under-represented designated groups.
Skills Required
- National Diploma in Credit Management
- 3-5 years FMCG credit control experience
What We Do
Our portfolio of iconic household brands is the vehicle for our mission. As one of Africa's largest listed FMCG manufacturers, our core business is ensuring these everyday foods and beverages nourish lives from the biggest cities to the smallest villages. Our iconic brands are well-known in South Africa, and our products cater for every meal and occasion. Our portfolio also includes leading brands in the home and personal care segments, and we have a growing presence in Africa. Our purpose is to nourish and nurture more lives every day. The Tiger Brands product range remain consumer favourites year-after-year including brands like Koo, Fattis and Monis, Jungle Oats, All Gold, Purity, Oros, Ingrams, Doom and Tastic Rice. Read our Privacy Policy here for when you share your contact information with us: https://www.tigerbrands.com/contact-us
