Cash Allocation Specialist | Didcot (Hybrid) | Permanent | Up to £30,000
The Opportunity
IN2 Consult is partnering with a market leading business based near Didcot, to recruit a Cash Allocation Specialist into its Accounts Receivable team. This is a busy, high-volume role at the centre of the order-to-cash process. You will make sure customer receipts are matched, posted and reconciled accurately and on time, so the sales ledger always shows a true picture of what the business is owed.
Key Responsibilities
- Allocate daily customer receipts from BACS, CHAPS, card and cheque payments against open invoices on the sales ledger
- Match remittance advices to payments, investigating and resolving unallocated or unidentified cash
- Reconcile customer accounts and clear historic unallocated balances and suspense items
- Post receipts accurately within agreed daily deadlines
- Work with Credit Control to resolve queries, short payments, overpayments and deductions
- Raise and process customer refunds and credit notes in line with approval controls
- Support the daily bank reconciliation and month-end close, including aged debt reporting
- Contact customers and internal teams to get missing remittance information
- Identify process improvements that cut unallocated cash and speed up allocation
About You
- Previous experience in cash allocation, cash posting, sales ledger or accounts receivable
- Comfortable working through high transaction volumes quickly without losing accuracy
- Good working knowledge of Excel (VLOOKUPs, pivot tables, filters)
- Experience with various ERP systems
- Strong attention to detail with a methodical, problem-solving approach
- Confident communicator, by phone and email, with customers and colleagues
- Able to prioritise a daily workload against firm deadlines
Desirable: AAT studier or interest in studying, shared service centre experience, multi-currency or multi-entity allocation.
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Accounts Receivable Assistant - Cash Allocation employer: IN2 Consult
Join a dynamic and evolving finance team in Beckenham, Kent, where your expertise as a Senior Management Accountant will be pivotal in driving transformation and enhancing financial processes. With a strong focus on employee growth, the company offers a collaborative work culture, competitive salary, and benefits such as a pension scheme and tax-efficient perks, all while providing direct exposure to senior leadership and opportunities for long-term career development within a growing international group.
