Creditors Supervisor Mr Price Group

Posted 10 Days Ago
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Durban, eThekwini Metropolitan Municipality, KwaZulu-Natal, ZAF
In-Office
Senior level
Fashion • Retail
The Role
Supervise the Creditors and Accounts Payable function, overseeing supplier payments, master data, reconciliations, month-end close, reporting, compliance, audits, BEE certificate administration, and process improvements. Lead and develop the Creditors team while ensuring accurate financial controls, timely issue resolution, strong supplier relationships, and reliable cash flow information for stakeholders and Treasury.
Summary Generated by Built In

We are seeking a highly organised and detail-oriented Creditors Supervisor to lead our Accounts Payable function and ensure the effective management of supplier accounts, creditor payments, reconciliations, month-end processes, and team performance. The successful candidate will play a key role in maintaining strong supplier relationships, ensuring compliance with company policies, and driving process improvements within the Creditors department.


Responsibilities

Creditors Management

  • Review and authorise all creditor payments, ensuring suppliers are paid accurately and within agreed payment terms.

  • Manage supplier master data, including new supplier creation, amendments, and deactivations.

  • Monitor and recover supplier debit balances timeously.

  • Review aged creditor reports and ensure outstanding items are resolved.

  • Ensure all supplier accounts are reconciled and cleared before deactivation.

 

Creditor Reconciliations

  • Review and approve supplier reconciliations for all active suppliers.

  • Ensure all supporting documentation is complete and accurately attached.

  • Investigate and resolve outstanding supplier statement queries and long-outstanding reconciling items.

 

Month-End Processing

  • Oversee the processing of monthly creditor penalties and adjustments.

  • Review Vendor Balance Reports and ensure all payments are processed.

  • Ensure intercompany payments and cash repatriations are processed accurately.

  • Manage the Accounts Payable month-end close across all countries.

  • Ensure payment journals are posted within prescribed timelines.

  • Review and resolve unmatched receipts and invoices.

 

Compliance, Reporting and Continuous Improvement

  • Ensure adherence to company policies, procedures and internal controls.

  • Maintain and update process documentation.

  • Provide accurate cash flow information to business stakeholders and Treasury.

  • Respond to supplier and internal stakeholder queries.

  • Identify opportunities for process improvement and automation.

  • Support internal and external audits, ensuring timely and accurate information is provided.

 

BEE Administration

  • Ensure active suppliers have valid BEE certificates on file.

  • Liaise with suppliers to obtain updated certificates.

 

People Management

  • Lead, motivate and develop the Creditors team.

  • Provide coaching, guidance and support to team members.

  • Foster a professional, service-oriented and high-performance culture.

  • Conduct regular team meetings, training sessions and performance discussions.

Qualifications

Diploma or Degree in Accounting, Finance, Commerce, or a related field.

Minimum 5 years' experience in a Creditors or Accounts Payable environment.

At least 2 years' experience in a supervisory or team leadership role.

Strong knowledge of creditor reconciliations, month-end processes, supplier management and financial controls.

Skills Required

  • Diploma or degree in Accounting, Finance, Commerce, or a related field
  • Minimum 5 years of experience in a Creditors or Accounts Payable environment
  • At least 2 years of experience in a supervisory or team leadership role
  • Strong knowledge of creditor reconciliations, month-end processes, supplier management, and financial controls
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The Company
HQ: Durban
15,033 Employees
Year Founded: 1985

What We Do

Mr Price Group Limited is an omni-channel, fashion value retailer. The Group retails Apparel, Homeware and Sportsware and is one of the fastest growing retailers in South Africa. Our History: 1885 - The first John Orrs store opens 1934 - The first Hub store opens 1952 - John Orrs is listed on the JSE 1967 - Acquisition of two Miladys stores 1986 - Laurie Chiappini and Stewart Cohen, together with BOE, acquire a major shareholding in John Orr Holdings 1987 - The first Mr Price store opens 1991 - Laurie Chiappini and Stewart Cohen acquire control of the Group from BOE 1993 - Launch of the Mr Price Group Share Partnership Initiative 1996 - Acquisition of Galaxy & Co. and Sheet Street 1997 - Alastair McArthur is appointed as CEO 1998 - Mr Price Home launched 2000 - Mr Price opens stores in Botswana and Namibia 2001 - Specialty Stores becomes MR Price Group 2005 - Over 100 million units are sold across the group 2006 - Sale of the Hub and Galaxy divisions 2007 - Launch of Mr Price Sport stores and Mr Price Franchising 2008 - Miladys wins the Orange Index award for excellence in customer service 2008 - Mr Price Apparel is voted the most loved and most frequented retail apparel brand for the first time 2008 - This year Mr Price Home is voted the most loved and most frequented homeware retailer 2011 - Retail sales exceed R10 billion and profit attributable to shareholders exceeds R1 billion for the first time 2011 - The group celebrates the 25th anniversary of change in control, recording a CAGR share of 25.3% and headline earnings per share of 23.5% over this period 2012 - First Corporate owned Mr Price store opens in Lagos, Nigeria 2013 - Mr Price launches its online store

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