At a Glance
- Tasks: Manage sales ledger, ensure timely debt collection, and reconcile bank accounts.
- Company: Join the iconic Ben Sherman brand, a leader in menswear since 1963.
- Benefits: Flexible working hours, competitive salary, and opportunities for career growth.
- Other info: Dynamic team environment with a focus on innovation and improvement.
- Why this job: Be part of a legendary brand and contribute to its financial success.
- Qualifications: Strong attention to detail and experience in accounts receivable or finance.
The predicted salary is between 30000 - 40000 € per year.
Ben Sherman is a legendary name in menswear, creating iconic wardrobe staples since 1963. As a truly global brand with a commitment to producing fresh, innovative collections every season and further advancing our digital presence, we’re always on the lookout for enthusiastic, talented and passionate individuals to join our team.
Purpose of the Role
Manage the Sales Ledger ensuring accurate recording of all sales ledger transactions. Manage credit and cash control; ensuring debts are collected on a timely basis and cash accounts are reconciled weekly.
Responsibilities
- Management of Sales Ledger
- Manage the sales ledger ensuring receipts are posted and allocated, and the ledger is kept up to date.
- Issue monthly statements to customers and ensure the books align with them.
- Ensure the timely collection of balances due to minimise the company’s risk of bad debts and proactively manage slow and late payers.
- Make management aware of problematic customers ahead of time.
- Liaise with the wholesale department to review the sales ledger weekly, ensuring any issues are highlighted.
- Produce and send out weekly credit held list.
- Calculate and post 3rd party concession commission and allocate remittances.
- Calculate and produce commission statements for all agents.
- Respond to both internal and external enquiries concerning sales ledger transactions.
- Management of Bank Accounts
- Post and reconcile daily bank receipts and allocate to the correct customer accounts in a timely manner.
- Complete bank reconciliations, investigating and resolving discrepancies promptly.
- Monitor and manage the unallocated cash/receipts account; clear items on a timely basis.
- Maintain bank account master data (where appropriate) and support the setup of new bank accounts/mandates in line with controls.
- Support month‑end close by ensuring all receipts are posted, bank reconciliations are complete, and any accruals/prepayments relating to banking are identified.
- Liaise with banks/payment providers and internal teams to resolve payment queries and improve cash allocation.
- Ensure compliance with internal controls, anti‑fraud procedures, and segregation of duties.
- Open to continuous improvement for all processes.
- Other Duties
- Provide additional cover/support to the Accounts Payable team.
- Liaise with stores weekly to ensure smooth cash collections and deliveries with G4S and banks.
- Carry out any additional duties as required, assisting in maximising the potential and efficiency of the Accounts department.
Essential Key Skills
Accounts Receivable Coordinator employer: Crew Clothing Company
At Ben Sherman, we pride ourselves on being an exceptional employer, offering a vibrant work culture that celebrates creativity and innovation in the heart of Kingston-on-Thames. Our commitment to employee growth is evident through continuous training opportunities and a supportive environment that encourages collaboration and personal development. With the flexibility of one day from home each week, we ensure a healthy work-life balance while being part of a globally recognised brand steeped in rich heritage.
StudySmarter Expert Advice🤫
We think this is how you could land Accounts Receivable Coordinator
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with current employees at Ben Sherman. A friendly chat can sometimes lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by researching the company’s history and values. Knowing about Ben Sherman’s iconic style and heritage will show your passion and help you stand out as a candidate who truly gets the brand.
✨Tip Number 3
Practice common interview questions related to accounts receivable. Be ready to discuss how you manage sales ledgers and handle cash control. We want to hear about your strategies for minimising bad debts!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the Ben Sherman team.
We think you need these skills to ace Accounts Receivable Coordinator
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Accounts Receivable Coordinator role. Highlight any relevant experience in managing sales ledgers, cash control, and customer relations to show us you’re the right fit.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you're passionate about the role and how your background aligns with our values at Ben Sherman. Don’t forget to mention your enthusiasm for menswear and our brand!
Showcase Your Attention to Detail:In this role, accuracy is key. When filling out your application, double-check for any typos or errors. We want to see that you can manage financial records meticulously, so let that attention to detail shine through!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Plus, it shows us you’re keen to join our team!
How to prepare for a job interview at Crew Clothing Company
✨Know Your Numbers
As an Accounts Receivable Coordinator, you'll be dealing with numbers all day. Brush up on your financial terminology and be ready to discuss your experience with sales ledgers, bank reconciliations, and cash control. Show them you can handle the figures with confidence!
✨Research the Brand
Ben Sherman has a rich history and a unique identity. Familiarise yourself with their collections and brand ethos. This will not only help you answer questions but also show your enthusiasm for the role and the company. A little passion goes a long way!
✨Prepare for Scenario Questions
Expect questions about how you would handle specific situations, like managing slow payers or resolving discrepancies in bank reconciliations. Think of examples from your past experiences that demonstrate your problem-solving skills and ability to stay organised under pressure.
✨Ask Insightful Questions
At the end of the interview, have a few questions ready to ask. Inquire about the team dynamics, the tools they use for managing accounts, or how they measure success in this role. This shows you're genuinely interested and helps you assess if it's the right fit for you too!