Cash Allocation Administrator Location: Borehamwood (Hybrid, 3 days in the office / 2 days from home) Salary: £25,000 per annum Benefits We're representing a leading organisation in the healthcare sector that is seeking a Cash Allocation Administrator to join their growing finance team based in Borehamwood. This is a fantastic opportunity for someone with a background in accounts receivable or cash allocation to join a dynamic business and play a key role in maintaining accurate ledgers and supporting cash flow management. The Role Accurately allocate incoming payments (BACS, CHAPS, cheques, direct debits, etc.) to customer accounts Investigate and resolve unallocated or misapplied payments promptly Work closely with accounts receivable specialists to resolve payment discrepancies Perform account reconciliations and process refunds or adjustments when necessary Support month-end and year-end close activities related to cash allocation Provide documentation for audits and assist with related queries Contribute to process improvements to enhance efficiency and accuracy in cash allocation About You Previous experience in an Finance Administrator, Accounts Receivable or Cash Allocation role Strong understanding of cash allocation and reconciliation processes Experience working with financial systems such as Unit4, SAP, Oracle, Sage, or similar Basic knowledge of accounting principles and the order-to-cash process High attention to detail and accuracy with excellent organisational skills Confident communicator with strong problem-solving abilities Proficient in Microsoft Excel What's On Offer Competitive salary and benefits package Opportunity to join a reputable and growing organisation Office-based role in Borehamwood with a supportive finance team If you're looking for your next step in finance and want to join a business where you can make an impact, apply today or contact us for a confidential discussion.