At a Glance
- Tasks: Manage customer accounts, negotiate payment plans, and ensure timely collections.
- Company: Dynamic company in Peterborough with a focus on financial excellence.
- Benefits: Competitive hourly rate, flexible working environment, and professional growth opportunities.
- Other info: Opportunity for career advancement in a supportive and innovative workplace.
- Why this job: Join a fast-paced team and make a real impact on financial processes.
- Qualifications: Experience in accounting, strong Excel skills, and attention to detail.
The predicted salary is between 20 - 20.87 £ per hour.
- 6 Months
- £20-20.87/ Hourly/Umbrella Inside IR35
What You Will Do
- Adhere to dunning process to ensure customers pay to agreed terms, mitigating risk to the organization.
- Negotiate payment plans, recovering interest and ensuring collection deadlines are met.
- Provide weekly Customer account updates to the Credit Manager and debt recovery progress.
- Lead customer and sales team aged debt reviews.
- Evaluate customers regularly for risk of bad debt.
- Support month-end closing activities, ensuring timely completion of reporting and reconciliation tasks.
- Effectively execute internal practices in accordance with our policy and corporate guidelines.
- Support the external audit process and internal SOX compliance reviews.
- Contribute towards process improvements, utilising data analytics to deliver new initiatives.
- Ability to cultivate strong relationships with internal and external customers at various levels.
- Good knowledge of accounting and financial accounting.
- Fluent in Microsoft Excel.
Top Candidates will also have
- Knowledge of process improvement techniques and tools (ie. Six Sigma, Lean).
- Experience of Sarbanes-Oxley and/or other financial reporting governance controls.
- Prior job-related experience having worked within a fast-paced manufacturing/industrial environment, or within debt collection / recovery within
- credit finance insurance.
- Membership of the Institute of Credit Management (Io CM) or Institute of Export (MIEx).
Accuracy and Attention to Detail
Understanding the necessity and value of accuracy; ability to complete tasks with high levels of precision.
Level Working Knowledge
- Accurately gauges the impact and cost of errors, omissions, and oversights.
- Utilizes specific approaches and tools for checking and cross-checking outputs.
- Processes limited amounts of detailed information with good accuracy.
- Learns from mistakes and applies lessons learned.
- Develops and uses checklists to ensure that information goes out error-free.
Flexibility and Adaptability
Knowledge of successful approaches and techniques for dealing with change; ability to adapt to a changing environment and be comfortable with change.
Level Working Knowledge
- Adjusts to new or changing assignments, processes, and people.
- Demonstrates willingness to listen to other opinions.
- Provides examples of shifting from task to task.
- Identifies and considers alternative approaches to situations or problems.
- Accepts new or radical ideas with an open mind; avoids snap reactions.
Followership
Knowledge of and the ability to carry out strategies and tasks that support the mission and goals of the leader and the organization.
Level Basic Understanding
- Explains key concepts of exemplary followership.
- Accepts and provides honest and respectful feedback.
- Identifies styles of followership and associated behaviors or characteristics.
- Describes examples of ineffective followership and associated consequences.
Accounts Receivable (A-R)
Knowledge of an organization's billing requirements; ability to utilize the proper tools and follow accounts receivable practices and procedures.
Level Working Knowledge
- Performs major types of accounts receivable transactions.
- Prepares miscellaneous or special invoices.
- Maintains accounts receivable records as a regular part of daily work.
- Implements current accounting practices and closing cycle procedures and requirements.
- Processes payments, credits, debits and adjustments.
Financial and Accounting Systems : Knowledge of functions, features and capabilities of financial and accounting systems; ability to use financial and accounting applications specific to the organization.
Level Basic Understanding
- Locates relevant documentation and information.
- Names core financial and accounting applications.
- Identifies key functions of major financial systems.
- Describes planned changes to major applications.
General Ledger (G-L)
Knowledge of tools, practices and considerations for general ledger; ability to update and validate general ledger data.
Level Working Knowledge
- Monitors and ensures the accuracy of one or more general ledger categories as a regular part of daily work.
- Analyzes the purpose, content, and distribution of standard G-L reports.
- Performs daily input into the general ledger as a regular part of the work.
- Works with chart of accounts and classifies transactions.
- Implements closing cycle process and associated feeds, requirements and procedures.
Account Assistant in Peterborough employer: Innova Solutions
Innova Solutions is an exceptional employer located in the vibrant city of Cambridge, offering a dynamic work culture that fosters innovation and collaboration. Employees benefit from comprehensive growth opportunities, including professional development and training in cutting-edge business systems and data platforms. With a focus on meaningful projects and strong stakeholder relationships, this role provides a rewarding experience for those looking to make a significant impact in Global R&D.
StudySmarter Expert Advice🤫
We think this is how you could land Account Assistant in Peterborough
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Innova Solutions.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like Innova Solutions might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Account Assistant in Peterborough
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Innova Solutions will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Innova Solutions. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Innova Solutions confidence in your short-term commitment to the role.
How to prepare for a job interview at Innova Solutions
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Innova Solutions.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Innova Solutions that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
