At a Glance
- Tasks: Manage accounts receivable, process payments, and resolve discrepancies in a dynamic finance team.
- Company: Join a leading higher education institution with a vibrant finance department.
- Benefits: Competitive salary, hybrid working, and opportunities for professional growth.
- Other info: 6-month contract with potential for career advancement in a supportive environment.
- Why this job: Make a difference in the education sector while honing your financial skills.
- Qualifications: Experience in accounts receivable, strong Excel skills, and a collaborative mindset.
The predicted salary is between 38000 - 41000 £ per year.
We are seeking an experienced Accounts Receivable & Reconciliation Officer to join a busy finance team on a 6-month fixed term contract. This role is perfect for someone with a strong background in accounts receivable within higher education or a large or complex organisation, who can work accurately at pace and manage a varied workload.
The Role
You will be responsible for the receipting and reconciliation of accounts, processing all incoming payments, investigating discrepancies, and ensuring accurate allocation within agreed timescales. This will involve working with multiple internal teams and external stakeholders, maintaining robust internal controls, and producing regular reports.
Key duties will include:
- Processing and reconciling sales receipts across multiple payment channels
- Reviewing bank statements, identifying payments, and allocating them correctly
- Investigating and resolving discrepancies in a timely manner
- Setting up new customer accounts, ensuring due diligence checks are completed
- Processing ad-hoc invoices, credit notes, and adjustments
- Managing cheque and card payments, including refunds when required
- Monitoring unapplied receipts and working with payees/banks to resolve them
- Supporting telephone and in-person payment services when needed
- Assisting with peak periods, including student arrivals
Essential Skills:
- Strong experience in accounts receivable and reconciliation ideally in a higher education institution or large complex organisation
- Advanced Excel skills and confidence using finance systems
- Excellent numerical accuracy and attention to detail
- A collaborative approach and excellent communication skills
Senior Accounts Receivable Assistant in London employer: Cedar
Join a dynamic London-based organisation that values innovation and collaboration, offering a hybrid working model that promotes work-life balance. With a strong focus on employee development, you will have access to continuous training and growth opportunities while working on prestigious M&E projects. The supportive work culture encourages teamwork and creativity, making it an excellent place for professionals seeking meaningful and rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Accounts Receivable Assistant in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Cedar. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Accounts Receivable Assistant in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Cedar.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Cedar's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Cedar
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Cedar.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Cedar will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Cedar employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
