Accounts Receivable Specialist

Accounts Receivable Specialist

Full-Time 24000 - 42000 Β£ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage invoicing, billing queries, and cash collections to ensure smooth financial operations.
  • Company: Join Elysium Healthcare, a leading provider in mental health and care services across England and Wales.
  • Benefits: Enjoy 33 days annual leave, wellbeing support, career development, and retail discounts.
  • Why this job: Be part of a dynamic team that values your growth and offers a supportive work culture.
  • Qualifications: Experience in accounts receivable, strong communication skills, and familiarity with financial systems required.
  • Other info: Work for a Disability Confident employer committed to inclusive recruitment.

The predicted salary is between 24000 - 42000 Β£ per year.

Introduction

Do you have experience in the full end to end process, Sales to Cash with a strong understanding of financial systems and accounting principles? If so, join Elysium Healthcare as the Accounts Receivable Specialist.

As the Accounts Receivable Specialist, you will be responsible for managing the end-to-end receivables process, including raising invoices, resolving billing queries, and cash collections. You will be pivotal in maintaining healthy cash flow and ensuring accurate financial reporting. You will work closely with rate validation team and external customers to ensure timely and accurate billing and collections.

What you will be doing:

Invoicing & Billing

  • Generate and issue invoices in accordance with contractual terms.
  • Ensuring invoices have been received by the customer via email, portal uploads etc.
  • Liaise with rate validation team to validate billing data and ensure completeness.
  • Maintain accurate records of all billing activities and adjustments.
  • Maintain customer and service user references

Query Management

  • Act as the first point of contact for invoice-related queries from internal departments and external customers.
  • Investigate discrepancies and provide timely resolutions to ensure customer satisfaction.
  • Escalate unresolved issues to the Head of Transactional Services or relevant stakeholders.

CreditControl

  • Monitor aged debt reports and proactively follow up on outstanding balances.
  • Engage with customers to secure payment and negotiate repayment plans where necessary.
  • Maintain detailed records of communications and payment commitments.

Reporting & Reconciliation

  • Reconcile customer accounts and ensure accurate allocation of payments.
  • Support month-end and year-end close processes by preparing debtor reports and reconciliations.
  • Provide regular updates to the Head of Transactional Services on debtor status and risk exposure.
  • Compliance & Process Improvement
  • Ensure compliance with internal financial controls and external regulatory requirements.
  • Contribute to the development and refinement of AR processes and policies.
  • Support internal and external audits by providing documentation and explanations as required.

To be successful in this role, you will have:

  • Experience in healthcare or service-based industries.
  • Excellent communication skills
  • Familiarity with NHS and private sector billing and cash collection processes.
  • Working knowledge of Unit4 ERP or similar financial systems.
  • AAT qualification or equivalent experience.
  • Proven experience in the full end to end process – Sales to Cash (accounts receivable, billing, and credit control).
  • Strong understanding of financial systems and accounting principles.
  • Proficient in Excel, with experience reconciling large and complex data sets
  • Excellent communication and interpersonal skills.
  • High level of accuracy and attention to detail.
  • Ability to manage multiple priorities and meet deadlines.

What you will get:

  • Annual salary of Β£33,000
  • The equivalent of 33 days annual leave Pro Rata (inc Bank Holidays) – plus your birthday off!
  • Wellbeing support and activities to help you maintain a great work-life balance.
  • 24 hour GP Service to ensure you are the best you can be
  • Career development and trainingto help youachieve your career goals.
  • Pension contribution to secure your future.
  • Life Assurance for added peace of mind.
  • Enhanced Maternity Packageso you can truly enjoy this special time.

There is also a range of other benefits including retail discounts, special offers and much more.

About your next employer:

You will be working for an established, stable and agile company with over 8,000 employees and a unique approach to delivery of care. With a network of over 90 services across England and Wales covering Mental Health, Neurological, Learning Disabilities & Autism, Children & Education, there is opportunity for you to grow and move.

Elysium Healthcare is part of Ramsay Health Care with a global network that extends across 10 countries and employs over 86,000 people globally.

Elysium Healthcare follows safer recruitment of staff for all appointments and is a Disability Confident employer, committed to inclusive and accessible recruitment. It is a requirement that all staff understand it is each person’s individual responsibility to promote and safeguard the welfare of service users. All candidates will be subject to a DBS disclosure.

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Accounts Receivable Specialist employer: Elysium Healthcare Limited

Elysium Healthcare is an exceptional employer, offering a supportive work culture that prioritises employee wellbeing and professional growth. With a competitive salary, generous annual leave, and comprehensive benefits including career development opportunities and a 24-hour GP service, employees are empowered to thrive both personally and professionally. Located within a dynamic network of over 90 services across England and Wales, Elysium provides a unique environment for meaningful contributions in the healthcare sector.
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Contact Detail:

Elysium Healthcare Limited Recruiting Team

StudySmarter Expert Advice 🀫

We think this is how you could land Accounts Receivable Specialist

✨Tip Number 1

Familiarise yourself with the specific financial systems mentioned in the job description, such as Unit4 ERP. Having a solid understanding of these systems will not only boost your confidence but also demonstrate your readiness to hit the ground running.

✨Tip Number 2

Brush up on your knowledge of NHS and private sector billing processes. Being well-versed in these areas will help you stand out as a candidate who understands the unique challenges and requirements of the healthcare industry.

✨Tip Number 3

Prepare to discuss your experience with managing aged debt reports and negotiating repayment plans. Be ready to share specific examples of how you've successfully resolved billing queries or improved cash flow in previous roles.

✨Tip Number 4

Showcase your attention to detail by preparing for potential questions about compliance and process improvement. Think of ways you've contributed to refining processes in past positions, as this aligns perfectly with the role's responsibilities.

We think you need these skills to ace Accounts Receivable Specialist

Accounts Receivable Management
Invoicing and Billing
Credit Control
Query Resolution
Financial Reporting
Data Reconciliation
Customer Relationship Management
Attention to Detail
Communication Skills
Problem-Solving Skills
Familiarity with NHS Billing Processes
Unit4 ERP or Similar Financial Systems
AAT Qualification or Equivalent Experience
Proficient in Excel
Time Management

Some tips for your application 🫑

Tailor Your CV: Make sure your CV highlights relevant experience in accounts receivable, billing, and credit control. Use specific examples that demonstrate your understanding of the Sales to Cash process and financial systems.

Craft a Strong Cover Letter: Write a cover letter that addresses the key responsibilities mentioned in the job description. Emphasise your experience with invoicing, query management, and compliance, and explain how you can contribute to Elysium Healthcare's goals.

Showcase Relevant Skills: In your application, clearly outline your proficiency in Excel and any experience with financial systems like Unit4 ERP. Mention your AAT qualification or equivalent experience to strengthen your application.

Highlight Communication Abilities: Since excellent communication skills are crucial for this role, provide examples of how you've effectively managed customer queries and resolved discrepancies in previous positions. This will demonstrate your suitability for the Accounts Receivable Specialist role.

How to prepare for a job interview at Elysium Healthcare Limited

✨Know Your Numbers

Brush up on your knowledge of financial systems and accounting principles. Be prepared to discuss your experience with invoicing, billing, and cash collections, as these are crucial for the Accounts Receivable Specialist role.

✨Demonstrate Communication Skills

Since you'll be the first point of contact for invoice-related queries, showcase your excellent communication skills during the interview. Prepare examples of how you've resolved discrepancies or handled customer queries in the past.

✨Familiarise Yourself with Relevant Systems

If you have experience with Unit4 ERP or similar financial systems, make sure to mention it. If not, do some research on these systems to show your willingness to learn and adapt.

✨Highlight Attention to Detail

Given the importance of accuracy in this role, be ready to provide examples of how you've maintained high levels of accuracy in your previous work. Discuss any processes you've implemented to ensure compliance and reduce errors.

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