The Construction Industry Development Board (CIDB) is seeking a dedicated Revenue Officer to join our team. This role is crucial in maintaining the financial health and sustainability of CIDB by ensuring accurate billing, effective revenue collection, and comprehensive financial administration.
If you have a background in accounting or finance and are seeking a challenging and rewarding career path, this opportunity could be perfect for you.
Revenue Officer Job Overview
- Industry: Academic
- Job Type: Permanent
- Salary: R299,639.13 – R438,556.23
- Closing Date: 23 July 2024
Role of a Revenue Officer
A Revenue Officer is a professional responsible for managing and ensuring the accuracy of an organization’s financial records, particularly those related to revenue collection and billing. They play a crucial role in maintaining the financial health of the organization by ensuring timely collection of debts, accurate billing processes, and thorough financial administration.
Duties and Responsibilities
Debtor Reconciliation
- Responsibilities:
- Call customers to collect outstanding debt
- Record all interactions on debtor’s spreadsheet
- Provide Revenue Accountant with updated information received
- Responsible for telephonic follow-up
- Print statement with movement on the account
- Ensure that all payments are reflected on the statement
- Check the physical file against the electronic file
- Verify that the account balances
Billing
- Responsibilities:
- Ensure that revenue projections are met
- Handle pre-sales billing due process
- Attain approval from the Revenue Accountant for valid sales and decline invalid sales orders
- Correct all declined sales orders and liaise with the Revenue Accountant
- Report on approved and declined orders
Administration
- Responsibilities:
- Administer and monitor the financial system to ensure accurate and timely maintenance of cidb’s finances
- Process financial documents in accordance with financial regulations
- Clean suspense accounts and capture journals
- Ensure correct information is captured on the system
- Handle audit queries (internal and external)
- Attend to all queries related to revenue on different financial matters
Requirements
- Education and/or Experience:
- National Diploma (NQF Level 6) in accounting or a finance-related field
- At least six months to one-year related experience
Key Responsibilities
Debtor Reconciliation
Revenue Officers are tasked with maintaining up-to-date records of all interactions with customers regarding outstanding debts. This includes making calls to collect debts, recording these interactions, and ensuring that all payments are correctly reflected on the customer’s statements. They must also verify that physical and electronic files match and that account balances are accurate.
Billing Management
They ensure that revenue projections are met by handling the pre-sales billing process. This involves obtaining approval for valid sales orders, correcting invalid sales orders, and reporting on both approved and declined orders. Their role is critical in ensuring that the billing process runs smoothly and efficiently.
Financial Administration
A Revenue Officer administers and monitors the financial system to maintain accurate records of the organization’s finances. This includes processing financial documents according to regulations, cleaning suspense accounts, capturing journals, and handling audit queries. They ensure that all financial information is correctly captured and that all queries related to revenue are addressed promptly.
Skills and Qualifications
Educational Requirements
To qualify for this position, a candidate must hold a National Diploma (NQF Level 6) in accounting or a finance-related field. This educational background provides the necessary knowledge and skills to manage financial records and processes effectively.
Experience
A minimum of six months to one year of related experience is required. This experience helps candidates familiarize themselves with financial systems, debtor reconciliation, billing processes, and financial administration.
Benefits
Competitive Salary
The position offers a competitive salary ranging from R299,639.13 to R438,556.23, which is a strong incentive for individuals looking to establish or advance their career in the finance sector.
Professional Growth
Working as a Revenue Officer provides excellent opportunities for professional growth and development. The role requires a combination of technical knowledge and practical experience, making it ideal for individuals who are detail-oriented and have strong analytical skills.
Contribution to Organizational Success
Revenue Officers play a vital role in the financial health of their organizations. By ensuring timely collection of debts, accurate billing, and efficient financial administration, they contribute significantly to the success and sustainability of the organization.
How to Apply
Interested candidates should ensure they meet the educational and experience requirements. Applications must be submitted before the closing date of 23 July 2024.
This role of a Revenue Officer at Centurion is a promising opportunity for individuals with a background in accounting or finance. With responsibilities spanning debtor reconciliation, billing management, and financial administration, this position offers a dynamic and rewarding career path. The competitive salary and professional growth opportunities make it an attractive prospect for qualified candidates. Ensure you apply before the closing date to take the next step in your career.
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