Reconciliation and Settlement Assistant – Finance Shared Services-Invoice to Cash: Credit & Rebates

Purpose of the job
The Reconciliation and Settlement Assistant (credit and rebates) within the Invoice to Cash SSC function will support the Invoice to Cash Accountant, by assisting in ensuring the timeous and accurate processing of all reconciliations and settlements in compliance with the required company policy and practices.
This role will be responsible for ensuring deliverables are executed as per the time and quality standards agreed in line with the Invoice to Cash SLAs.
Job Requirements
Skills and attributes

Good functional accounting knowledge
Attention to detail
Time management
Planning, Organisation and Control
Deadline Driven
Collate large volumes of data and inputs for decision making
MS office with Advanced Excel skills
Excellent Communication skills (verbal and written)
Be flexible within a team, whilst balancing own priorities
Agile to changes in the team and business that impact financial processes and reporting
Analytical thinker with a strong interest in problem solving
Ability to work under pressure
Ability to communicate on all levels
Strong reconciliation skills
Determined self-starter with consistent and continuous improvement

Experience

3-5 years of relevant working in a Finance environment
Experience with reconciliation and settlement processing is a pre-requisite
Previous SAP experience and Credit knowledge advantageous
Retail/ Financial Services experience advantageous

Key Performance Areas

Timeously and accurately preparing all reconciliations in compliance with the required company policy and practices.
Efficiently follow up on reconciling items through working with various parties.
Assist with maintaining and development of strong financial controls
Liaise with the Record to Report team within the SSC to ensure all month end journals are processed timeously and accurately.
Ensure accurate recordkeeping for all accounting activities for audit purposes.
Respond to and complete all processes and activities in line with the SLAs for the Invoice to Cash function.
Work alongside the Invoice to Cash teams to ensure all month end and year end processes are accurate and completed as per the agreed timelines and guidelines.
Manage all Party queries with a strong focus on SLA adherence and ensuring an effective escalation process is maintained.
Checking and releasing of all invoices
Ensure collection process is optimally aligned to reduce debtors’ days aging and drive collections by ensuring constant reviews of the collection process.
Reporting to Finance stakeholder’s whist simultaneously tracking aging of long overdue accounts and implementing the required controls to limit write off
Daily settlement reports and reconciliations
Query investigation and analysis
Assist the Accountant with project, investigations, user acceptance testing and post implementation reviews
Any ad hoc duties that may arise