JOB GRADE: C2
Reference Number: 9993287
AB Travel HQ Division has a vacancy for a Financial Officer within the Finance Department.Applications are invited from people meeting the qualifications and experience requirements set out below:
PURPOSE OF THE JOB:
Responsible for preparing payment requests in support of AB Logistics: Travel. To ensure timeous & accurate payment of suppliers according to the contractual or standard terms of trade with payment period maximised to help positive cash flow but with minimum risk.
CRITICAL PERFORMANCE AREAS:
- Adherence to processes for the debtors functions by ensuring accurate processing of invoices to client in compliance with the accounting principles to avoid any significant audit findings.
- Follow up and obtain settlement from debtors within the prescribed time frames.
- Oversee all financial transactions including accounts payable, receivable, and bank reconciliations.
- Ensure compliance with financial regulations and standards.
- Maintain accurate and timely financial records using Quicktrav.
- Handling queries with regards to copies of invoices and statement required by client, credit notes to be issued if wrongly invoiced.
- Follow-up on outstanding payments and update feedback.
- Adherence to processes for the creditors functions by ensuring accurate allocation of transactions in compliance with the accounting principles to avoid any significant audit findings.
- 100% conformance to due date of payments by suppliers and to avoid penalties on late payments.
- Analyse and report on financial status, instituting cost-effective measures where necessary.
- Capturing and certification of invoices for correctness enabling settlement.
- Provide financial insights, analysis, and recommendations to support strategic decision-making.
QUALIFICATIONS:
- National Diploma in Commerce with Accounting at 3rd year level.
EXPERIENCE:
- 2 to 3 years in financial environment
KNOWLEDGE & FUNCTIONAL SKILLS:
- Knowledge of legislation, contract conditions and financial systems (QuickTrav, Vat).
- Familiar with company policies and practices.
- Knowledge of Armscor’s procedures, standards and processes.
- Knowledge of Accounts Payables/Receivables.
To apply, send your application to Vacancies@armscor.co.za
NB: All applicants must indicate reference number of the position they are applying for in the subject heading.
Short-listed candidates will be subjected to reference checking, verification of personal data and security clearance as part of the selection process. In line with Armscor’s commitment to compliance with the Employment Equity Act, preference will be given to suitable candidates from designated groups. People with disabilities are encouraged to apply.
The closing date for applications is 15 October 2024. Late applications will not be considered.
Enquiries: Ms Tshegofatso Mtegha (012 428 2410)