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Date Added: Tue 17/09/2024

Accounts Receivable Specialist

London, UK
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Company: ROBERT WALTERS

Job Type: Permanent, FullTime

Salary: £55,000 - £60,000 per annum

Our client is seeking an Accounts Receivable Specialist to join their expanding finance team. As a key contributor to our cash collection team, you will play a vital role in managing customer accounts, identifying and resolving payment issues, and collaborating with various internal teams to ensure a seamless collections process.

Key Responsibilities:

  • Cash Collections: Actively manage assigned accounts receivable balances to ensure timely collection of outstanding payments, while minimizing bad debt exposure.
  • Issue Resolution: Identify and resolve payment issues that cause delays, such as short payments, tax-related discrepancies, and unmet customer payment requirements.
  • Customer Communication: Regularly communicate with customers via email and phone to address open invoices, follow up on overdue payments, and ensure alignment with payment terms.
  • Internal Collaboration: Work closely with internal teams, including Account Managers, the Billing Team, and other stakeholders, to resolve billing issues and ensure smooth customer interactions.
  • Payment Reconciliation: Reconcile customer payments against open balances, resolve any discrepancies, and process refunds as needed.
  • System Updates & Reporting: Maintain accurate records in all relevant systems, ensuring that data is up-to-date for management to review and assist with cash flow forecasting.
  • Process Improvement: Continuously identify opportunities to improve collections processes, enhance efficiency, and support automation initiatives.
  • Tax & Compliance: Collaborate with customers and tax authorities to address any payment-related tax issues and ensure compliance with local and international regulations.
  • Accounting Support: Assist with month-end and quarter-end accounting close processes to ensure accurate financial reporting.

Key Capabilities:

  • Excel proficiency
  • Sound written and verbal communication
  • Ability to work both autonomously and within a wider global team
  • Full UK working rights

Robert Walters Operations Limited is an employment business and employment agency and welcomes applications from all candidates

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