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For Companies At a Glance
- Tasks: Manage income transactions, banking processes, and resolve queries efficiently.
- Company: Join a dynamic team focused on professional income management services.
- Benefits: Enjoy a fast-paced work environment with opportunities for growth and development.
- Why this job: Perfect for finance enthusiasts who love problem-solving and making an impact.
- Qualifications: Experience in finance, strong numeracy skills, and AAT qualification preferred.
- Other info: Apply now and be part of a team that values accuracy and compliance!
The predicted salary is between 28800 - 43200 £ per year.
We are seeking a detail-oriented Income Officer to deliver a professional and efficient Income Management service. You will play a crucial role in ensuring accurate cash receipting, allocations, banking processes, and financial controls, while maintaining compliance with regulations and policies.
This is an excellent opportunity for a finance professional with experience in income processing, financial reconciliation, and customer service, who thrives in a fast-paced environment.
Key Responsibilities
- Process and allocate income transactions, including recalls, refunds, and web payments.
- Monitor unallocated cash, investigate discrepancies, and ensure prompt clearance.
- Manage banking systems, including Bankline, direct debits, and bounced payments.
- Act as the first point of contact for income-related queries, ensuring timely resolutions.
- Provide guidance to internal teams and external stakeholders on income processes and best practices.
- Collaborate with Accounts Payable, Accounts Receivable, and Finance teams to ensure accurate financial reporting.
- Ensure all income management activities comply with financial regulations, policies, and VAT requirements.
- Maintain access control and security profiles for the Income Management system.
- Support audit processes, ensuring a clear financial trail of transactions.
About You
- Experience in income processing, banking transactions, or financial administration.
- Strong understanding of local government financial policies, accounting principles, and VAT regulations.
- Proficiency in using financial systems, Microsoft Office, and data management tools.
- High level of numeracy and attention to detail, with experience handling large volumes of financial data.
- Strong problem-solving and analytical skills to investigate and resolve discrepancies.
- Excellent communication and organisational skills, with the ability to work collaboratively.
- AAT qualification (or equivalent experience in financial management).
How to Apply
If you are interested in this role and meet the criteria above, please send us your application today. If you have any questions about the vacancy, please click APPLY NOW .
If you do not hear from us within 48 hours of applying, your application has been unsuccessful.
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Income Officer employer: Carrington West
Contact Detail:
Carrington West Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Income Officer
✨Tip Number 1
Familiarize yourself with local government financial policies and VAT regulations. This knowledge will not only help you understand the role better but also demonstrate your commitment to compliance during the interview.
✨Tip Number 2
Brush up on your skills with financial systems and Microsoft Office, especially Excel. Being proficient in these tools is crucial for managing large volumes of financial data effectively.
✨Tip Number 3
Prepare examples from your past experience that showcase your problem-solving and analytical skills. Be ready to discuss how you've resolved discrepancies or improved processes in previous roles.
✨Tip Number 4
Practice your communication skills, as you'll need to act as a point of contact for income-related queries. Being able to explain complex financial concepts clearly will set you apart during the interview.
We think you need these skills to ace Income Officer
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of an Income Officer. Familiarize yourself with income processing, financial reconciliation, and compliance with regulations.
Tailor Your CV: Highlight your relevant experience in income processing and financial administration. Emphasize your proficiency with financial systems and any AAT qualifications or equivalent experience.
Craft a Strong Cover Letter: In your cover letter, explain why you are a great fit for the role. Mention specific experiences that demonstrate your attention to detail, problem-solving skills, and ability to work collaboratively.
Proofread Your Application: Ensure that your application is free from errors. Double-check your CV and cover letter for clarity, grammar, and spelling mistakes to present a professional image.
How to prepare for a job interview at Carrington West
✨Showcase Your Attention to Detail
As an Income Officer, attention to detail is crucial. Be prepared to discuss specific examples from your past experience where your meticulous nature helped prevent errors in financial transactions or improved processes.
✨Demonstrate Your Financial Knowledge
Make sure to brush up on local government financial policies, accounting principles, and VAT regulations. You might be asked to explain how these apply to the role, so having a solid understanding will help you stand out.
✨Prepare for Problem-Solving Scenarios
Expect questions that assess your problem-solving skills. Think of instances where you successfully resolved discrepancies or handled complex income processing issues, and be ready to walk the interviewer through your thought process.
✨Highlight Your Communication Skills
Since you'll be the first point of contact for income-related queries, it's important to demonstrate your communication abilities. Prepare to discuss how you've effectively collaborated with teams or provided guidance to stakeholders in previous roles.
