Cedar Borehamwood, England, United Kingdom
Cash Allocation Administrator
Cedar Borehamwood, England, United Kingdom
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Finance Transformation @ Cedar Recruitment
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.
Seniority level
* Seniority level
Mid-Senior level
Employment type
* Employment type
Full-time
Job function
* Job function
Accounting/Auditing
* Industries
Credit Intermediation
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