Trainee Accountant - Credit Control
Watford - office based
£25-27k
As a trainee accountant supporting credit control, you'll assist in managing customer accounts, ensuring timely payments, and potentially help with debt recovery, contributing to the company's financial health. Our Watford based client are a well-known sports brand that will offer training and development.
Account Management
- Maintain accurate records of customer accounts, including outstanding invoices and payment terms.
- Review customer credit limits and payment history.
- Assist in setting up new customer accounts and updating existing ones.
- Invoice Processing:
- Process invoices and ensure they are sent out accurately and on time.
- Follow up on outstanding invoices and prompt customers for payment.
Payment Reconciliation
- Reconcile payments received with invoices outstanding.
- Identify and investigate any discrepancies in payments.
Debt Recovery
- Assist in the collection of overdue accounts.
- Contact customers to discuss outstanding balances and payment arrangements.
- Potentially escalate unresolved issues to senior credit control staff.
Reporting
- Prepare reports on outstanding debts, aging of receivables, and other relevant metrics.
- Analyze data to identify trends and areas for improvement.
Other Duties
- Assist with ad-hoc tasks as required by the credit control team.
- Stay up to date on industry best practices and regulations related to credit control
This is a great opportunity for someone who has a degree in accountancy & finance or is an AAT studier. Please note that this role is fully office based, and full time.