What you will be doing
:
1. Accurately allocate incoming payments (BACS, CHAPS, cheques, direct debits, etc.) to customer accounts in the finance system.
2. Investigate and resolve unidentified or misallocated payments in a timely manner.
3. Liaise with the Accounts Receivable specialists to resolve payment discrepancies.
4. Reconcile customer accounts and maintain up-to-date records.
5. Process refunds and adjustments as required.
6. Support month-end and year-end closing activities related to cash allocation.
7. Assist with audit queries and provide supporting documentation.
8. Continuously identify and suggest process improvements to enhance accuracy and efficiency.
To be successful in this role, you will have:
9. Previous experience in an Accounts receivable role.
10. Strong attention to detail and high level of accuracy.
11. Good understanding of cash allocation and reconciliation processes.
12. Proficient in Microsoft Excel and finance systems (e.g., SAP, Oracle, Sage, or similar).
13. Understanding of how payments are received, processed, and applied to customer accounts.
14. Familiarity with reconciliation procedures and handling of unallocated cash.
15. Experience with systems like Unit 4, SAP, Oracle, Sage, or similar.
16. Knowledge of banking platforms and automated cash application tools (D)
17. Awareness of general ledger, debits/credits, and financial reporting.
What you will get:
18. Annual salary of £26,000
19. The equivalent of 33 days annual leave Pro Rata (inc Bank Holidays) – plus your birthday off!
20. Wellbeing support and activities to help you maintain a great work-life balance.
21. 24 hour GP Service to ensure you are the best you can be
22. Career development and training to help you achieve your career goals.
23. Pension contribution to secure your future.
24. Life Assurance for added peace of mind.
25. Enhanced Maternity Package so you can truly enjoy this special time.
There is also a range of other benefits including retail discounts, special offers and much more.