SBV Services (Pty) Ltd.
2026/03/02
Reference Number
CREDC0001
Description
Ensures that all transactions in area or responsibility are processed timeously
• On time generation of all entries in paying status from Procurement system for area under control (Accounts Payable, Imprest, Petty cash).
• Ensure the accuracy of all GL allocations.
• Review for items of Capital nature or prepaid items.
• Process journals to reallocate cost when GL allocations are incorrect.
• Review the accuracy and validity of all supporting documentation.
• Ensures that all invoices complies with the VAT regulations in order to claim VAT back.
• Escalate all outstanding entries that are not timeously loaded or receipted.
Payment and refund processing
• Responsible for:
o On time processing of all payments and refunds in area of control.
o Accuracy and completeness of payments.
o That all reconciliations that supports payments are in balance.
o All vendors are paid within payment terms.
o All Imprest and Petty cash accounts are refunded within timelines.
o All employee refunds are processed within timelines.
o All statutory payments are processed within timelines
Accruals and reallocations
• Raise accruals for all receipted open orders on procurement report.
• Raise accruals for all recurring expenses in area of control.
• Reverse accruals when payment is generated from procurement system.