posted on : 5 years ago

Industry : Media / Entertainment Job Function : Accounting / Auditing

Job Experience Level : Mid Level

Minimum Years of Experience : - Minimum of three to five (3-5) years of relevant working experience in Finance and Accounting, preferably in a similar role in an FMCG company.

Minimum Academic Qualification : Bachelor

Job Summary

Full Job Description

• Reconciles of debtors accounts print advertising, online sales;
• Ensures debt executives and debt collectors meet their collections targets. Appraise them on a monthly basis and recommend action for non-performing Debt Executive’s;
• Visits clients with overdue accounts;
• Prepares and distributes Ad debtors’ management reports on a daily, weekly and monthly basis;
• Visits Ad Agencies and reconcile their accounts;
• Sends to legal manager debts and documentation for any accounts that need his follow up on monthly basis;
• Allocates overdue accounts to debt collectors and debt executives;
• Convenes and chairs weekly debt collection meetings;
• Prepares debt reconciliation schedules;
• Shares the debt ledgers with commercial teams regularly;
• Circulates bounced cheques’ listing to respective BEs as and when advice is given by the Bank reconciliation accountant. Follow up for replacement otherwise the same is deducted from the BEs commission;
• Prepares the DSO reports –Monthly by the 5th of the following month for review and circulation by 10th. Use ledgers to be provided by revenue accountants;
• Handles client queries in regards to account reconciliation and debt collection; and
• Prepares debt write-off schedules.