Job Description
Location: Milton Keynes
Department: Accounting Services
About the Role
We are seeking a detail-oriented Accounts Receivable Assistant to join our Accounting Services team. This role plays a key part in ensuring the accuracy and integrity of Accounts Receivable and banking processes, acting as a central point of contact with an offshore Shared Service Centre (SSC). You will proactively identify control weaknesses, support process improvements and ensure a high standard of service delivery across the business.
Key Responsibilities
* Act as the main liaison with the Shared Service Centre, ensuring outsourced accounting postings are accurate and issues are resolved within agreed service levels.
* Escalate risks, delays or SLA breaches to management in a timely manner.
* Produce and review monthly balance sheet reconciliations, including aged debtors and control accounts.
* Identify control weaknesses, business risks and recommend corrective actions.
* Allocate third‑party payments across multiple customer contracts on a daily and weekly basis.
* Prepare daily factoring files and reconcile weekly payment collections.
* Process daily credit card postings and ensure settlement details are communicated to relevant teams.
* Prepare, review and submit multiple daily BACS payment runs, ensuring appropriate team authorisation controls are always met.
* Maintain and review accounting processes in line with internal control standards and regulatory requirements.
* Document process changes and support control design, testing and audit activities.
* Resolve ad‑hoc queries from colleagues across the business, providing guidance and escalating issues where necessary.
* Process manual customer refunds and write‑offs accurately and within deadlines.
* Manage weekly cheque receipts, ensuring correct allocation and distribution of supporting documentation.
Skills, Knowledge & Experience
* Minimum of 2 years’ experience within a financial services or similar regulated environment.
* Strong understanding of internal control systems (ICS), audit requirements and regulatory awareness.
* Experience working with SAP or similar finance systems is desirable.
* Intermediate Excel skills, with strong reconciliation capability.
* Excellent attention to detail and analytical problem‑solving skills.
* Highly organised with the ability to manage deadlines and prioritise workload, particularly around month-end.
* Proactive mindset with a strong sense of ownership and accountability.
* Confident communicator, able to work effectively with stakeholders at all levels.
Why Join Us?
This is an excellent opportunity to develop your career within a structured finance function, gain exposure to outsourced accounting operations and play a key role in maintaining financial control and process excellence in a regulated environment.