Internal Clients Services - Finance - Debtors Intern - 3 Months
- Intern
Company Description
Deloitte is the largest private professional services network in the world. Every day, approximately 264,000 professionals in more than 150 countries demonstrate their commitment to a single vision: to be the standard of excellence, while working towards one purpose – to make an impact that matters. Click here to read more about Deloitte.
About the Division
It takes a high-powered network of internal support professionals to keep Deloitte going strong. The internal services function provides a wide variety of support services to our organisation and people. Rewarding career opportunities are available in:
- Human resources
- Information technology
- Marketing and Communications
- Financial support services, and much more.
As with all the functions in Deloitte, a core set of competencies is associated with each internal service area. An overall understanding of value-added client service, the experience to work in multifunctional and cross-border teams, strong
Job Description
Main Purpose of Job:
Managing outstanding account receivables, generally overdue for more than 30 days. Managing the receiving and allocation of inflows to debtors, outstanding invoices or prescription income. Dealing with client overpayments, payments made in error and duplicate payments.
Qualifications & Experience
Required
Matric plus Certificate in relevant function
1 year experience
Preferred
National Diploma or Degree in Finance
2 years’ experience
Key Competencies Required:
Strategic Impact
Completes standard related tasks that impact delivery of the broader team in relation to overall strategy of the service area
Budgets / Profitability
Effective use of time, equipment and resources
Differentiators for this specific role
Manages activities related to Debtor Management, including but not limited to:
• Supports business with collection of debt where required
• Loads invoices on client portal
• Allocate outstanding inflows to debtors list
• Supports business with adherence to collection policies & procedures where required
• Establishes payment plans and maintaining schedules
• Manage late payments and resolving client disputes
• Notifies business with the latest client updates
• Raises provisions if debt is greater than 120 days
• Accordingly adjusts and release provisions
Receipting:
• Allocate inflows to debtors list
• Dispatches invoices to Deloitte interfirm and intercompany parties
• Responds to client requests relating to company information
• Produces statements (on client request)
Overpayment:
• Requests bank details confirmation letter from client
• Request for refunds and submit with supporting documents to supervisor for authorisation
Leadership / Behavioural Capabilities
Living our Purpose: Builds own understanding of our purpose and values; explores opportunities for impact
Talent development: Demonstrates commitment to personal learning and development; understands his/ her potential role as a brand ambassador
Performance drive: Understands expectations and demonstrates personal accountability for keeping performance on track
Influence: Focuses on developing effective communication and relationship-building skills
Strategic direction: Seeks to understand how their daily work contributes to the priorities of the team and Deloitte Global
Professional Capabilities:
Knows the business and industry: Knows how member firm business works and keeps up-to-date on industry activities, marketplace trends and leading practices
Manages to results: Takes responsibility for assigned areas and contributes to the successful realization of common goals
Manages and executes projects: Prepares and manages work plans to ensure efficient and timely completion of work
Solves problems: Identifies and solves problems objectively using analysis, experience and judgment
Manages quality and risk: Understands and applies quality assurance and risk management procedures in all areas of work performed
Manages change and ambiguity: Is adaptive and flexible in the face of change and ambiguity
*Please note that this job advertisement provides a summary of the capabilities required and all candidates shortlisted will receive a full list of capabilities.