At a Glance
- Tasks: Manage customer collections and support ERP transitions across multiple countries.
- Company: Join a leading industrial machinery manufacturer with a global presence.
- Benefits: Full-time role with competitive salary and opportunities for growth.
- Other info: Entry-level position with potential for career advancement.
- Why this job: Be part of a dynamic team driving financial success in an innovative industry.
- Qualifications: Strong communication skills and intermediate Excel proficiency required.
The predicted salary is between 36000 - 60000 £ per year.
Manage the customer collections process for Instron UK, France, Germany, and Spain.
Achieve the corporate metrics for > 60 days AR aging and DSO on a quarterly basis.
Support the ERP system transitions for France and Germany to enable aligned AR processes.
Support the EMEA Sales & Service teams with credit checking and credit terms approvals.
Ad hoc reporting, analysis, and support.
Key Tasks
- Ensure customer account data accuracy in the ERP system (IFS).
- Support implementation of AR improvement projects including monthly statement issuance.
- Chase payment of customer invoices and ensure corrective action is taken to resolve payment queries.
- Credit vetting customers – supporting Sales & Service teams with credit worthiness assessments and approvals.
- Organise and manage the biweekly reviews for each country, driving improvements with local teams and managing actions arising from meetings.
- Manage credit note reporting and approvals.
- Complete quarterly balance sheet reconciliations for AR accounts.
- Manage bank guarantee submissions and approvals.
- Report monthly aged debt and manage to corporate (ITW) targets.
- Ensure compliance with EMEA receivables and cash financial policies.
Experience And Competencies
- Strong communication skills, internally and externally, with the ability to communicate financial information to non-financial departments.
- A high standard of computer literacy.
- Intermediate Excel skills essential.
- Good knowledge of Purchase Orders and Terms to ensure accuracy within the system.
- Good understanding of AR dunning processes.
- Previous IFS knowledge desirable but not essential.
- French language desirable but not essential.
Accounts Receivable Coordinator in High Wycombe employer: Instron
As an Order Administrator in our High Wycombe office, you will thrive in a dynamic work culture that values accuracy and efficiency. The company offers excellent employee growth opportunities through continuous training and support, ensuring you develop your skills while contributing to a collaborative team environment. With a focus on work-life balance and a commitment to employee well-being, this role provides a meaningful and rewarding career path in a supportive setting.
StudySmarter Expert Advice🤫
We think this is how you could land Accounts Receivable Coordinator in High Wycombe
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Instron. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Accounts Receivable Coordinator in High Wycombe
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Instron.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Instron's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Instron
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Instron.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Instron will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Instron employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.