Credit Controller at Sasol

Purpose of Job

• Control debtors’ accounts as per agreements and in adherence with credit management policies and procedures to minimise bad debts.

Key Accountabilities

• Manage debtors book according to established Accounts Receivables policies and procedures and agreed terms 
• Follow up on overdue accounts to reduce debtors’ DSO and achieve set targets. 
• Prepare and submit reports on overdue and term accounts. 
• Collect bad debts in a timely manner and within agreed payment terms. 
• Carry out accurate reconciliation between customer and debtors accounts. 
• Release orders for blocked accounts as per approvals and delegation of authority. 
• Prepare credit/debit, refund, and rebates requests and attach relevant supporting documents. 
• Calculate, monthly rebates, refunds, settlement discounts, and credits/debits. 
• Process monthly interest charges on defaulting customers as per agreed credit policy. 
• Accurately allocate payments. 
• Communicate with internal and external customers 
• Handle customer queries on invoices and maintain records on system. Assist internal and external auditors as needed. 
• Comply to policies, credit legislation, International Accounting Standards (IAS), provisions of SOX control, relevant statutory requirements of IFRS, Companies Act, and NCA. 
• Apply evidence-based SHE practices in alignment with set standards for safe operations. 
• Implement Sasol Group’s risk philosophy and enterprise risk management framework. 
• Build and maintain positive relationships with internal and external stakeholders to enable the achievement of effective debt collection and reduction of debtors’ DSO. 
• Continuously improve own skills and knowledge. Complete, implement, and track personal development plan to attain personal performance goals.

Formal Education and Working Experience

• Minimum National Senior Certificate (Grade 12) with a minimum of 3 years relevant experience
• A National Diploma or a B-Degree in a finance related field will be an advantage