Finance Officer - Accounts Receivable

Finance Officer - Accounts Receivable

Full-Time 30000 - 40000 £ / year (est.) On-site
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At a Glance

  • Tasks: Manage accounts receivable, chase debts, and process transactions efficiently.
  • Company: Join Merton College's dynamic finance team with a collaborative spirit.
  • Benefits: Gain valuable experience in finance while working in a supportive environment.
  • Other info: Fast-paced role with opportunities for personal and professional growth.
  • Why this job: Make a real difference by helping students and customers with their financial queries.
  • Qualifications: Experience in credit control and strong customer service skills required.

The predicted salary is between 30000 - 40000 £ per year.

Merton College is looking for a Finance Officer to join a busy Accounts Receivable and Credit Control team, with responsibility for:

  • Chasing outstanding debt
  • Processing transactions
  • Maintaining the Sales Ledger database in line with the Groups financial procedures and regulations

You will liaise with budget holders and internal teams to resolve queries raised by customers and students and will generate sales invoices from invoice requisitions, ensuring the sales ledger is updated with all cash receipts. You will be responsible for receipting cash, credit card and cheque payments for banking, in accordance with Finance operating procedures, and you will operate the petty cash till for payment claims when required.

We are seeking a candidate with proven experience in credit control processes and a strong background in dealing directly with customers, including handling a wide range of customer queries. Our ideal applicant will be an excellent team player who is able to manage deadlines effectively while juggling multiple tasks at once. Strong attention to detail is essential, along with excellent organisational skills and the ability to work accurately, calmly and efficiently in a fast-paced environment. The role also requires strong IT proficiency, including confidence using Adobe, Excel, Outlook, Word and accounting software. In addition, outstanding communication skills both written and verbal are necessary.

Finance Officer - Accounts Receivable employer: Merton College

Merton College is an exceptional employer that prioritises inclusivity and professional growth, making it a rewarding place for educators passionate about empowering learners with disabilities. With a supportive work culture, generous benefits such as 40 days of annual leave and a robust pension scheme, employees are encouraged to thrive both personally and professionally in a collaborative environment. The college's commitment to tailored learning strategies ensures that staff can make a meaningful impact on students' employability skills while enjoying a fulfilling career.

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Contact Details:

Merton College Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Finance Officer - Accounts Receivable

✨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 Merton College. 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 Finance Officer - Accounts Receivable

Credit Control Processes
Sales Ledger Management
Transaction Processing
Customer Query Resolution
Cash Receipting
Petty Cash Management
Attention to Detail

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 Merton College.

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 Merton College'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 Merton College

✨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 Merton College.

✨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 Merton College 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 Merton College 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.