Accounts Receivable Administrator
Posted 2 days ago
- Hill Head, Hampshire
- Any
- External
- Expires In 3 months
Job Title: Accounts Receivable Administrator
Location: Fareham, Hampshire, UK
Salary: £26,000 - £32,000 (depending on experience)
Employment Type: Full-time, Permanent
Working Arrangement: Hybrid (3 days in office, 2 days working from home after training)
Start Date: Immediate
Job Overview:
An exciting opportunity has arisen for an Accounts Receivable Administrator / Credit Controller to join a dynamic Finance Shared Service Centre based in Fareham, Hampshire. Reporting to the Accounts Receivable Supervisor, you will be part of a close-knit team responsible for managing accounts receivable for multiple entities across the region. The ideal candidate will have a proactive approach, thrive in a fast-paced environment, and possess a high level of professionalism.
Key Responsibilities:
* Account Monitoring: Monitor customer accounts for overdue or slow payments, ensuring compliance with agreed payment terms. Follow up with customers via phone, email, or letter.
* Payment Processing: Post payments received into the ERP system (Navision), allocate payments against relevant invoices or credit notes, and ensure accuracy in account balances.
* Customer Queries: Handle both internal and external queries related to account balances, overdue debt, and invoice copies, providing prompt and accurate resolutions.
* Statements & Dunning Letters: Generate and distribute customer statements and appropriate dunning letters in respect of overdue debt.
* Period End Close: Assist in completing period-end close activities, including providing information for calculating provisions for bad debts and completing balance sheet reconciliations.
* Compliance: Ensure adherence to company policies, procedures, and compliance standards, including Sarbanes-Oxley (SOX) and accounting policies.
* Process Improvement: Contribute to the continuous improvement of accounts receivable processes, including assisting with the implementation of automation and other enabling technologies.
* Audit Support: Assist with internal and external audit requirements, supporting compliance with accounting standards and regulations.
Skills and Qualifications:
* Financial Knowledge: Strong understanding of accounting principles, financial statements, invoice processing, and reconciliation.
* Accounts Receivable Expertise: Knowledge of the entire order-to-cash cycle, including invoicing, credit and collections, payment applications, and customer account management.
* ERP Systems: Experience with ERP systems (preferably Microsoft Navision or MS D365 F&O) and MS Office, particularly Excel.
* Communication Skills: Strong verbal and written communication skills, with fluency in English essential.
* Problem Solving: Good analytic and problem-solving skills, with the ability to work in a multi-cultural environment.
* Work Environment Flexibility: Ability to adapt to work hours around key delivery points throughout the year, working in a multicultural and regional setup.
Experience:
* Ideally, 3+ years’ experience in an administrative role within a dynamic financial or accounts environment, preferably in a multinational company or shared service setting.
* Experience with Credit Card (including PCI Compliance) and Direct Debit payments is desirable but not essential.
* Knowledge of Sarbanes-Oxley (SOX) is beneficial but not essential.
Education:
* Minimum of 5 GCSEs or equivalent, including Math and English to A-Level or equivalent standard.
* AAT finalist/qualified or studying towards a professional accounting qualification (ACCA/CIMA) is desirable but not essential.
* Knowledge of a second language (French, German, Italian, or Spanish) at a business level is advantageous but not essential.
Working Arrangement and Benefits:
* Hybrid Work Arrangement: 3 days in the office (Fareham, Hampshire) and 2 days working from home after training.
* Immediate Start Available.
* Salary Range: £26,000 - £32,000 depending on experience
Location: Fareham, Hampshire, UK
Salary: £26,000 - £32,000 (depending on experience)
Employment Type: Full-time, Permanent
Working Arrangement: Hybrid (3 days in office, 2 days working from home after training)
Start Date: Immediate
Job Overview:
An exciting opportunity has arisen for an Accounts Receivable Administrator / Credit Controller to join a dynamic Finance Shared Service Centre based in Fareham, Hampshire. Reporting to the Accounts Receivable Supervisor, you will be part of a close-knit team responsible for managing accounts receivable for multiple entities across the region. The ideal candidate will have a proactive approach, thrive in a fast-paced environment, and possess a high level of professionalism.
Key Responsibilities:
* Account Monitoring: Monitor customer accounts for overdue or slow payments, ensuring compliance with agreed payment terms. Follow up with customers via phone, email, or letter.
* Payment Processing: Post payments received into the ERP system (Navision), allocate payments against relevant invoices or credit notes, and ensure accuracy in account balances.
* Customer Queries: Handle both internal and external queries related to account balances, overdue debt, and invoice copies, providing prompt and accurate resolutions.
* Statements & Dunning Letters: Generate and distribute customer statements and appropriate dunning letters in respect of overdue debt.
* Period End Close: Assist in completing period-end close activities, including providing information for calculating provisions for bad debts and completing balance sheet reconciliations.
* Compliance: Ensure adherence to company policies, procedures, and compliance standards, including Sarbanes-Oxley (SOX) and accounting policies.
* Process Improvement: Contribute to the continuous improvement of accounts receivable processes, including assisting with the implementation of automation and other enabling technologies.
* Audit Support: Assist with internal and external audit requirements, supporting compliance with accounting standards and regulations.
Skills and Qualifications:
* Financial Knowledge: Strong understanding of accounting principles, financial statements, invoice processing, and reconciliation.
* Accounts Receivable Expertise: Knowledge of the entire order-to-cash cycle, including invoicing, credit and collections, payment applications, and customer account management.
* ERP Systems: Experience with ERP systems (preferably Microsoft Navision or MS D365 F&O) and MS Office, particularly Excel.
* Communication Skills: Strong verbal and written communication skills, with fluency in English essential.
* Problem Solving: Good analytic and problem-solving skills, with the ability to work in a multi-cultural environment.
* Work Environment Flexibility: Ability to adapt to work hours around key delivery points throughout the year, working in a multicultural and regional setup.
Experience:
* Ideally, 3+ years’ experience in an administrative role within a dynamic financial or accounts environment, preferably in a multinational company or shared service setting.
* Experience with Credit Card (including PCI Compliance) and Direct Debit payments is desirable but not essential.
* Knowledge of Sarbanes-Oxley (SOX) is beneficial but not essential.
Education:
* Minimum of 5 GCSEs or equivalent, including Math and English to A-Level or equivalent standard.
* AAT finalist/qualified or studying towards a professional accounting qualification (ACCA/CIMA) is desirable but not essential.
* Knowledge of a second language (French, German, Italian, or Spanish) at a business level is advantageous but not essential.
Working Arrangement and Benefits:
* Hybrid Work Arrangement: 3 days in the office (Fareham, Hampshire) and 2 days working from home after training.
* Immediate Start Available.
* Salary Range: £26,000 - £32,000 depending on experience