Settlement Officer

Summary

The incumbent will ensure compliance with established policies and procedures while managing cash and cheque transactions from customers and drivers. Key responsibilities include auditing temporary receipt books, preparing consolidated cash reports, and reconciling invoices. The incumbent will also monitor transaction discrepancies and assist with updating customer accounts during month-end close-off. If you possess strong organizational skills and a commitment to accuracy, we invite you to apply and contribute to our financial success.

Benefits

• • Health Insurance
• • Life Insurance
• • Pension Plan
• • Lunch Subsidy
• • Others

Responsibilities

• • Adhere to procedural manuals and guidelines when carrying out duties.
• • Observe and ensure compliance with all policies and procedures relating to the credit function.
• • Accept cash and cheques from all customers and drivers on a daily basis.
• • Prepare consolidated lodgments for cash and cheques collected daily during shifts.
• • Audit drivers' temporary receipt books and manifests daily, preparing the requisite reports.
• • Post cash receipt records for cash sales collections.
• • Prepare a Deposit Report on a daily/weekly basis, with one detailed monthly analysis report each month.
• • Apply and clear credit notes deducted by cash customers.
• • Report daily and weekly transaction discrepancies (shortages of cash, non-compliance, etc.) to the senior credit team.
• • Post general journal entries where applicable, such as refunds, rebates, cashiering errors, etc.
• • Assist with updating receipts on customers’ accounts during month-end close-off.
• • Reconcile armored pick-up invoices.
• • Monitor vault logbook operations and report abnormalities promptly.
• • Assist with any other duties in the Credit Department.

Required Skills

• • Excellent Time Management and customer service skills
• • Must be computer literate & proficient in MS Office and/or Google Docs
• • Excellent written and oral communication
• • Detail oriented, pays keen attention to accuracy
• • Ability to work flexible schedules
• • Excellent reconciliation skills
• • Must be able to work in a fast pace environment

Qualifications

• • Associates Degree
OR
• • 5 CXCs/Cape subjects including English and Math
PLUS
• • Minimum two years working experience in Warehousing or Logistics operations

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