Performs various clerical and routine accounting tasks to Assist the company administer the earnings of Sales force .This includes functions like, payment of earnings accrued to the sales force through services rendered to other areas of the sales force, reconciliations of monthly General ledger accounts, Long term loans and assisting with queries.
Reporting To: Planning and reporting manager
Specific Accountabilities:
1. Volume discount
Monthly monitoring and managing of volume discount payments, bonuses and other gratuities to ensure timeous and correct payments to distributors.
Calculates and processes sales force earnings and resolve any payment queries on behalf of the sales force;
Calculate monthly manual deductions before paying out earnings,
To add and amend daily all banking details on a computerised communication banking system, to ensure that payments go to the correct bank accounts,
To report and provide management with monthly information on the levels of payments,
Prepares routine entries and posts financial transactions; reconciles entries and internal ledgers to financial reporting system reports.
Perform Monthly reasonability checks to ensure that the company does not under/over pay.
Printing recons and ensuring recons are reviewed monthly on a timeous basis.
2. Long Term Loans
Preparing of the Loan agreements
Preparing of loan deductions
Filing of actual Loan contracts
Keeping a detailed diary of minimum instalments and making sure that they are repaid in the
allowed 60 months
Calculating Long/Short term portions monthly
Reconciling of Long term repayment general ledger account
Special arrangements need to be documented signed off and filled.
3. Customer liaison
Liaising with internal and external clients.
Ad hoc requests by Line Manager
Education and Experience:
MATRIC
Financial Tertiary qualification highly advantageous
Up to 4 years’ experience in a similar role
Special Skills:
Ability to perform simple accounting procedures
Basic data entry and/or word processing skills
Records maintenance skills
Ability to analyze and solve problems
Ability to read, sort, check, count, and verify numbers
Ability to prepare routine administrative paperwork
Account balancing skills
Ability to use an automated accounting system
Knowledge of accounts payable procedures and practices
Ability to maintain good customer relations
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Filed under: Accounting, Financial, Accounting, Finance