At a Glance
- Tasks: Manage accounts receivable, reconcile transactions, and support financial reporting.
- Company: Renowned organisation in Paddock Wood with a strong reputation.
- Benefits: Competitive salary, great company culture, and career growth opportunities.
- Other info: Collaborative environment with opportunities for process improvements.
- Why this job: Join a dynamic team and make a real impact in finance.
- Qualifications: Proficiency in accounting software and relevant educational qualifications.
The predicted salary is between 31500 - 38500 £ per year.
A Receivables Accountant is sought for a pivotal role within the Accounting & Finance Department of an organisation based in Paddock Wood. Our client is a well-renowned organisation in their field.
Key Responsibilities:
- Managing and maintaining all aspects of the accounts receivable process.
- Recording and reconciling financial transactions effectively.
- Assisting in the preparation of monthly financial statements and reports.
- Collaborating with colleagues to streamline financial processes and procedures.
- Providing support during internal and external audits.
- Resolving financial discrepancies by analysing account information.
- Contributing to the overall efficiency and success of the Accounting & Finance Department.
- Managing the end-to-end accounts receivable process, including posting customer receipts, handling daily cashbook entries, issuing customer statements, and processing credit notes.
- Acting as a key point of contact for customer finance queries.
- Conducting regular credit checks for customers, managing and updating credit limits accordingly.
- Negotiating and agreeing on customer payment plans, balancing customer relationships with business needs.
- Handling documentation related to customers entering administration or liquidation.
- Maintaining accurate customer financial information.
- Utilising our CRM system (Salesforce) to log customer contact, call notes, and key correspondence.
- Keeping detailed records of accounts on hold and agreed payment plans.
- Supporting the Financial Accountant with monitoring non-bank payment platforms.
- Participating in inter-departmental meetings, providing updates on pro-forma sales, customer stops, payment plans, and implementing corrective actions.
- Proactively identifying and implementing process improvements within the accounts receivable function.
- Maintaining and updating templates for sales invoices, credit notes, statements, and credit limit forms, coordinating with IT as needed.
- Collaborating with the Financial Accountant to develop and monitor KPIs related to sales, invoicing, customers, and debtors, including monthly reporting on Invoicing Accuracy.
- Preparing monthly debtors reports for management accounts, providing commentary on significant balances and risks.
- Assisting the Financial Accountant with the preparation and updating of the Quarterly Bad Debt Provision.
- Providing ad-hoc cover for the Accounts Payable function, including entering supplier payments and verifying supplier bank details.
A successful Receivables Accountant should have:
- Proficiency in accounting software and Microsoft Office Suite.
- A strong understanding of accounts receivable processes.
- Relevant educational qualifications in accounting or finance.
A competitive salary, a great company culture, and career opportunities are also offered.
Bank Accountant employer: Michael Page Finance
This thriving technology company in Yorkshire is an excellent employer, offering a supportive and inclusive culture that prioritises employee development and innovation. With opportunities for professional growth and the potential for the Interim Financial Accountant role to transition into a permanent position, employees can thrive in a dynamic environment while enjoying the benefits of remote working.
StudySmarter Expert Advice🤫
We think this is how you could land Bank Accountant
✨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 Michael Page Finance. 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 Bank Accountant
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 Michael Page Finance.
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 Michael Page Finance'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 Michael Page Finance
✨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 Michael Page Finance.
✨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 Michael Page Finance 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 Michael Page Finance 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.
