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- Tasks: Manage cash allocation and ensure accurate posting of incoming payments.
- Company: Leading player in the Healthcare logistics sector with a team of industry experts.
- Benefits: Permanent role with hybrid working model and opportunities for professional growth.
- Why this job: Join a dynamic team and make a real impact in financial accuracy.
- Qualifications: 2 years of Accounting and Finance experience with strong communication skills.
- Other info: Fast-paced environment with a focus on teamwork and customer service.
The predicted salary is between 36000 - 60000 £ per year.
My client is a market leader in the Healthcare logistics sector. The team consists of highly experienced professionals who are industry experts. The role is permanent and offers a hybrid working model.
The main responsibilities will be, not limited to:
- Take full responsibility for cash allocation of all incoming payments, both internal and external, ensuring accurate and timely posting in line with agreed expectations.
- Monitor and reconcile incoming cash daily, ensuring all receipts are correctly allocated and discrepancies are investigated promptly.
- Build and maintain effective working relationships with key internal stakeholders to support the prompt resolution and allocation of outstanding cash items.
- Contact customers as required to obtain remittance information for unallocated or partially allocated payments, maintaining a professional and appropriate approach.
- Manage and respond to intercompany cash allocation requests and queries.
- Liaise with other departments where necessary to resolve allocation issues and ensure financial accuracy.
- Support ad hoc projects as required by senior finance leadership, including account closure activities.
- Ensure all cheque payments are delivered to the bank in line with agreed schedules and allocated accurately upon receipt.
- Escalate unresolved cash allocation issues promptly to avoid month-end backlogs.
- Maintain responsibility for a small credit control ledger, ensuring balances remain accurate and up to date.
Additional Skills:
- Circa 2 years Accounting and Finance experience.
- Excellent communication & time management skills.
- Ability to manage a steady but high inflow of work and strict deadlines.
- Willingness to work in a primarily team-based environment.
- Excellent attention to detail and ability to prioritise work.
- Strong customer service and communication skills.
Cash Allocation Specialist employer: Kennedy Pearce Consulting
Contact Detail:
Kennedy Pearce Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cash Allocation Specialist
✨Tip Number 1
Network like a pro! Reach out to professionals in the healthcare logistics sector on LinkedIn or at industry events. We can’t stress enough how important it is to build relationships; you never know who might have the inside scoop on job openings.
✨Tip Number 2
Prepare for interviews by practising common questions related to cash allocation and finance. We recommend role-playing with a friend or using online resources to get comfortable. The more prepared you are, the more confident you'll feel!
✨Tip Number 3
Showcase your skills! When you get the chance to meet potential employers, highlight your attention to detail and communication skills. We want you to demonstrate how you can manage cash allocation effectively and resolve discrepancies like a champ.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Cash Allocation Specialist
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Cash Allocation Specialist role. Highlight your relevant experience in accounting and finance, and don’t forget to showcase your communication skills and attention to detail!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the role. Mention specific experiences that relate to cash allocation and how you can contribute to our team.
Showcase Your Team Spirit: Since we value teamwork, make sure to mention any experiences where you’ve successfully collaborated with others. This will show us that you can thrive in our team-based environment!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Kennedy Pearce Consulting
✨Know Your Numbers
As a Cash Allocation Specialist, you'll be dealing with a lot of figures. Brush up on your accounting principles and be ready to discuss how you've handled cash allocation in the past. Be prepared to share specific examples of how you’ve reconciled discrepancies or managed high volumes of transactions.
✨Communication is Key
Since this role involves liaising with various stakeholders, practice articulating your thoughts clearly. Think about how you can demonstrate your excellent communication skills during the interview. Maybe prepare a scenario where you successfully resolved a cash allocation issue through effective communication.
✨Show Your Attention to Detail
This position requires a keen eye for detail. During the interview, highlight instances where your attention to detail made a significant impact. You could mention how you caught an error that saved the company money or improved efficiency in cash allocation processes.
✨Be Ready for Teamwork Questions
Since the role is primarily team-based, expect questions about collaboration. Prepare examples of how you've worked effectively within a team, especially in high-pressure situations. This will show that you can thrive in their dynamic environment and contribute positively to the team.
