At a Glance
- Tasks: Manage cash receipts, reconcile accounts, and support inter-office financial processes.
- Company: Join KPMG, a leading consultancy with a strong community focus.
- Benefits: Competitive salary, flexible working, and opportunities for professional growth.
- Other info: Dynamic work environment with a focus on collaboration and career development.
- Why this job: Be part of a team that drives performance and supports critical business functions.
- Qualifications: Experience in Accounts Receivable and strong Excel skills required.
The predicted salary is between 36000 - 60000 £ per year.
The KPMG Business Services function is a cornerstone of our UK business. Operating from 20 UK locations and sitting with KPMG Central Services, we do work that matters. Within Central Services, we are part of a community of experts across a wide range of critical activities who help grow, run, and protect KPMG in the UK. Our approach is focused on driving the improved performance of the firm, which we support with diligence and expertise.
KPMG is one of the world's largest and most respected consultancy businesses, having supported the UK through times of war and peace, prosperity and recession, political and regulatory upheaval.
Responsibilities- Prepare and post cash receipts for both LLP and Audit Fees bank accounts, ensuring accurate allocation and minimal unallocated cash entries.
- Control and reconcile the various USD, Euro and Swiss Franc bank accounts ensuring accurate allocation and minimal unallocated cash entries.
- Enter cash payments/refunds, returned cheques, foreign cheques, cash adjustments, small write-offs, and other adhoc cash receipts.
- Investigate all unallocated cash entries on the day of receipt, clearing all items within the service level agreements set.
- Use all methods available to correctly allocate or refund the credit entry, including daily contact with clients' accounts payable departments and correspondence with internal clients at all levels.
- Prepare memos for authorisation for the refund of duplicate payments or overpayments.
- Update the unallocated spreadsheet with information pertaining to each credit value outstanding on the SAP system.
- Ensure all comments are accessible and backed up with supporting documentation showing a clear audit trail of the cash receipt.
- Send out the Daily Fees email to all finance contacts and ensure that any responses are dealt with promptly.
- Respond to queries relating to cash received and allocation details, ensuring all requests are answered within 24 hours.
- Keep the Accounts Receivable Assistant Manager informed at all stages on issues and progress and work to deadlines given as delegated.
- Support the Accounts Receivable Assistant Manager in administrative duties such as Sub-ledger reconciliation.
- Ensure that there is a clear audit trail within the system, attaching all supporting documentation for all transactions processed individually and by the team.
- Gain a full understanding of the Firm's inter-company policy and procedures.
- Apply the procedures and provide professional advice to other members of the Firm on the correct course of action for debt recovery within the restrictions of the policy on a case-by-case basis.
- Review and assist with all aspects of settlement country accounts, ensuring payments are made within the strict timescales set.
- Liaise with offshore colleagues to ensure correct management of settlement and offset accounts.
- Review all Inter Office accounts for quality and liaise with offshore colleagues to assist with queries that may arise.
- Answer overseas office and internal queries regarding payments made and collection status with diplomacy and accuracy.
- Experience required in Account Receivables in an operational or professional services environment.
- A flexible working approach and willingness to cross-train in all aspects of AR/IO and credit management.
- Strong Excel and PowerPoint skills and a good working knowledge of the firm's financial system - SAP.
- Excellent communication skills, both written and verbal, are vital as communication with internal and external clients is required at all levels.
- Proven administration experience of supporting a busy team.
Accounts Receivable and Inter-Office Administrator in Birmingham employer: KPMG International Cooperative
KPMG is an exceptional employer, offering a dynamic work culture that fosters collaboration and professional growth within its Central Services team. Employees benefit from a supportive environment that values expertise across various functions, alongside opportunities for skill development and career advancement in one of the world's leading consultancy firms. Located in the UK, KPMG provides a meaningful and rewarding workplace where individuals can contribute to impactful projects that shape the future of business.
Contact Details:
KPMG International Cooperative Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Accounts Receivable and Inter-Office Administrator in Birmingham
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We think you need these skills to ace Accounts Receivable and Inter-Office Administrator in Birmingham
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