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 flexible working, competitive salary, and opportunities for growth.
- Other info: Dynamic team environment with a focus on continuous improvement.
- Why this job: Be part of a legendary brand and contribute to its financial success.
- Qualifications: Experience in accounts receivable and strong attention to detail.
The predicted salary is between 30000 - 40000 € per year.
Ben Sherman is a legendary name in menswear, creating iconic wardrobe staples since 1963. Adopted by the Mod movement of the 60s and beyond, subcultural style runs through every stitch. 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, fantastic new retail spaces 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.
Key Skills
Accounts Receivable Coordinator employer: Crew Clothing Head Office
At Ben Sherman, we pride ourselves on being an exceptional employer, offering a vibrant work culture that celebrates creativity and innovation. Located in Kingston-on-Thames, our team enjoys a flexible working environment with the opportunity for personal and professional growth, alongside competitive benefits that reflect our commitment to employee well-being. Join us and be part of a legendary brand that values your contributions and fosters a collaborative spirit.
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 or even a referral!
✨Tip Number 2
Prepare for the interview by researching the company’s history and values. Show us you’re not just another candidate; demonstrate your passion for the brand and how you can contribute to its legacy.
✨Tip Number 3
Practice common interview questions related to accounts receivable. We want to see that you know your stuff! Be ready to discuss your experience with managing sales ledgers and cash control.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can keep you fresh in our minds and shows your enthusiasm for the role. Plus, it’s a great chance to reiterate why you’re the perfect fit!
We think you need these skills to ace Accounts Receivable Coordinator
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Accounts Receivable Coordinator role. Highlight relevant experience and skills that match the job description, like managing sales ledgers and cash control. We want to see how you can bring your unique flair to our team!
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 Ben Sherman’s values. Don’t forget to mention any experience with credit control or bank reconciliations – we love those details!
Show Off Your Attention to Detail:In accounts receivable, attention to detail is key. When filling out your application, make sure everything is accurate and well-organised. A neat application reflects your ability to manage financial records effectively, which is exactly what we’re looking for!
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy and ensures your application goes directly to us. Plus, you’ll get to explore more about our brand and what we stand for while you’re at it!
How to prepare for a job interview at Crew Clothing Head Office
✨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 how you've managed sales ledgers or reconciled bank accounts in the past. Specific examples will show you know your stuff!
✨Show Your Problem-Solving Skills
Be prepared to talk about how you've handled problematic customers or resolved discrepancies in the past. Companies like Ben Sherman value proactive problem solvers, so share a story that highlights your ability to manage slow payers or improve cash allocation.
✨Familiarise Yourself with the Brand
Do your homework on Ben Sherman! Understand their heritage and current collections. This will not only impress them but also help you relate your skills to their specific needs, showing you're genuinely interested in the role and the company.
✨Ask Insightful Questions
Prepare some thoughtful questions about the role and the team dynamics. Inquire about their processes for managing cash flow or how they handle internal controls. This shows you're engaged and thinking critically about how you can contribute to their success.
