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Accounts Receivable Specialist

Robert Walters
Posted 4 days ago, valid for 11 days
Location

London, Greater London EC1R 0WX

Salary

£24,000 - £28,800 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • Our client is looking for an Accounts Receivable Specialist to join their finance team, focusing on cash collections and customer account management.
  • The role involves resolving payment issues, communicating with customers about invoices, and collaborating with internal teams to streamline the collections process.
  • Key responsibilities include managing accounts receivable balances, reconciling payments, and maintaining accurate records in relevant systems.
  • The position requires proficiency in Excel, strong communication skills, and the ability to work independently and as part of a global team.
  • Candidates should have at least 2 years of experience in accounts receivable, with a salary range of £30,000 to £35,000.

Our client is seeking an Accounts Receivable Specialist to join their expanding finance team. As a key contributor to our cash collection team, you will play a vital role in managing customer accounts, identifying and resolving payment issues, and collaborating with various internal teams to ensure a seamless collections process.

Key Responsibilities:

  • Cash Collections: Actively manage assigned accounts receivable balances to ensure timely collection of outstanding payments, while minimizing bad debt exposure.
  • Issue Resolution: Identify and resolve payment issues that cause delays, such as short payments, tax-related discrepancies, and unmet customer payment requirements.
  • Customer Communication: Regularly communicate with customers via email and phone to address open invoices, follow up on overdue payments, and ensure alignment with payment terms.
  • Internal Collaboration: Work closely with internal teams, including Account Managers, the Billing Team, and other stakeholders, to resolve billing issues and ensure smooth customer interactions.
  • Payment Reconciliation: Reconcile customer payments against open balances, resolve any discrepancies, and process refunds as needed.
  • System Updates & Reporting: Maintain accurate records in all relevant systems, ensuring that data is up-to-date for management to review and assist with cash flow forecasting.
  • Process Improvement: Continuously identify opportunities to improve collections processes, enhance efficiency, and support automation initiatives.
  • Tax & Compliance: Collaborate with customers and tax authorities to address any payment-related tax issues and ensure compliance with local and international regulations.
  • Accounting Support: Assist with month-end and quarter-end accounting close processes to ensure accurate financial reporting.

Key Capabilities:

  • Excel proficiency
  • Sound written and verbal communication
  • Ability to work both autonomously and within a wider global team
  • Full UK working rights

Robert Walters Operations Limited is an employment business and employment agency and welcomes applications from all candidates

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.