Assistant Accountant Job PZ Cussons

We are PZ Cussons. Our purpose is For everyone, for life, for good.

Sustainability and the wellbeing of people, families and communities everywhere are at the heart of everything that we do.

Since our founding in 1884, we have been creating products to delight, care for and nourish consumers. Across our core categories of Hygiene, Baby and Beauty, our trusted and well-loved brands include Carex, Cussons Baby, Sanctuary Spa and St. Tropez.

Responsibilities

Customer Management

Account Receivable management

• Ensure internal controls around accounts receivable are complied with
• Ensure customer account are reconciled, circularized and balances signed off with Customer on quarterly basis
• Ensure that customer credit is managed as per company policy and Budgeted debtors days are achieved through timely collection of overdue accounts
• Liaise with customers to ensure good customer relationship is maintained
• Ensure that customers settle their accounts on a timely basis as per the approved terms
• Accurate Allocation of receipts from customers.
• Customer statement of account reconciliations
• Ensure an exemption report of accounts with exceeded limits is generated monthly and circulated to HOF, MD and Heads of Sales
• Ensure that exemption reports on customers with overdue accounts are generated and circulated to members of the management team on a weekly basis i.e. on Mondays after week end close
• Ensure customer statement are generated and circulated on a monthly basis for onward distribution to customers by the 2 day after month end close
• Ensure that customer accounts aging analysis is generated, reviewed and red flag raised on customers with overdue accounts by day 2 after month end close
• Ensure that the debtors aging report is accurate through timely and accurate allocation of payments against invoices in SAP
• Ensure that the AR ledger agrees with the GL control accounts (140010, 140020 & 141030) by 9th day after month end close
• Provisions for bad debts using ECL model
• Reconciliations for Revaluations accounts and sundry debtors on a monthly basis by WD9.
• Resolving customers queries on a timely basis
• Performing any other work as may be allocated from time to time

Commercial Finance Roles

• Maintenance and management of core trade, accruals and settlement in SAP (customer agreement management in SAP)
• Management of Customer JPF fund and ensuring no cost overruns against set budget
• Customer activations management and settlement
• Ensure customers issue TIMS compliant invoices for promo and rebate payments.
• Manage the AR/AP interface in SAP for promo/Rebate invoices posting
• Pre and post promo analysis ensuring only projects with ROI that are in line with business expectations are implemented
• Tradex management including monthly analysis and advising management on areas where spend can be optimized for better ROI

Cash flow management

• Prepare and submit to Head of Finance a cash collection forecast every Tuesday after month end close
• Achieve >85% cash collection accuracy monthly as measured by actual cash collected versus target
• Achieve the budgeted debtor’s day by driving cash collection in conjunction with the commercial teams

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