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: Enjoy a competitive salary and flexible working hours, including one day from home.
- Other info: Dynamic team environment with opportunities for professional growth.
- Why this job: Be part of a legendary brand and contribute to its innovative financial processes.
- Qualifications: Experience in accounts, strong numerical skills, and proficiency in Microsoft Excel.
The predicted salary is between 30000 - 40000 £ per year.
Ben Sherman is a legendary name in menswear, creating iconic wardrobe staples since 1963. Each Ben Sherman collection is inspired by decades of heritage, with an unmistakeably British identity that's influenced by the past but always looking forward. As a truly global brand with a commitment to producing fresh, innovative collections every season, 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.
Key Skills & Experience
- Previous experience of working within an Accounts department.
- Able to demonstrate relevant professional experience/professional or academic qualifications.
- Strong numerical skills.
- Good Microsoft Excel and IT skills.
- High degree of accuracy and attention to detail.
- Strong levels of communication and interpersonal skills.
- Excellent organisational skills.
- Proactive and flexible approach.
- Capable of working to tight deadlines.
- Ability to prioritise and work well under pressure.
- Dedicated and responsible approach to job role.
- Ability to work both independently and within a small team.
- Flexible in working hours (particularly at month-end).
Compensation: Competitive salary
Accounts Receivable Coordinator in London employer: Crew Clothing Head Office - Finance
At Ben Sherman, we pride ourselves on being an exceptional employer, offering a vibrant work culture that celebrates creativity and innovation in menswear. Located in Kingston-on-Thames, our team enjoys a flexible working environment with the opportunity for remote work, alongside competitive salaries and a commitment to employee growth through continuous improvement and collaboration. Join us to be part of a legendary brand that values your contributions and fosters a supportive atmosphere for professional development.
Contact Details:
Crew Clothing Head Office - Finance Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Accounts Receivable Coordinator in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with potential colleagues on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with your own. This will help you tailor your responses and show that you're genuinely interested in being part of the Ben Sherman team.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or family to get comfortable with common questions. Focus on showcasing your skills in accounts receivable and your ability to manage cash flow effectively.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're keen on joining the Ben Sherman family right from the start.
We think you need these skills to ace Accounts Receivable Coordinator in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your previous accounts experience and any relevant qualifications to show us you’re the right fit for the Accounts Receivable Coordinator role.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you're passionate about working with Ben Sherman and how your skills align with our needs. Keep it concise but engaging, and don’t forget to mention your enthusiasm for the brand!
Show Off Your Attention to Detail:As an Accounts Receivable Coordinator, accuracy is key. Make sure your application is free from typos and errors. A well-presented application shows us that you take pride in your work and understand the importance of detail.
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’re considered for the role. Plus, you’ll get to see more about our company culture and values!
How to prepare for a job interview at Crew Clothing Head Office - Finance
✨Know Your Numbers
As an Accounts Receivable Coordinator, you'll need to showcase your strong numerical skills. Brush up on key financial concepts and be ready to discuss how you've managed sales ledgers or reconciled bank accounts in the past. Prepare specific examples that highlight your attention to detail and accuracy.
✨Familiarise Yourself with Ben Sherman
Do your homework on Ben Sherman and its heritage. Understand their brand identity and how it influences their operations. This will not only show your enthusiasm for the role but also help you connect your experience with their values during the interview.
✨Prepare for Scenario Questions
Expect questions about how you'd handle specific situations, like managing slow payers or resolving discrepancies in bank reconciliations. Think of real-life scenarios where you've successfully navigated similar challenges and be ready to share those stories.
✨Show Your Team Spirit
This role requires collaboration with various departments, so be prepared to discuss your experience working in teams. Highlight instances where you've liaised with other teams, like wholesale or accounts payable, to ensure smooth operations and cash collections.
