At a Glance
- Tasks: Manage customer accounts, oversee payments, and resolve disputes in a fast-paced environment.
- Company: Join a successful business representing global brands in Watford.
- Benefits: Earn up to £40,000, enjoy 25 days leave, and get discounts on products.
- Other info: Enjoy a supportive workplace with opportunities for growth and development.
- Why this job: Be part of a dynamic team and make a real impact on financial processes.
- Qualifications: 3+ years in Accounts Receivable, AAT qualified or studying ACCA/CIMA.
The predicted salary is between 40000 - 40000 £ per year.
- Accounts Receivable Executive
- Up To £40,000 | Watford | Mon - Fri | 9am to 5:30pm | Office Based
We are recruiting an experienced Accounts Receivable Executive to join a successful business representing reputable global brands.
This is a fantastic opportunity for an established Accounts Receivable Executive with strong experience managing customer accounts within a fast-paced commercial environment.
Key Responsibilities
- To be considered for this role, applicants must have
- A minimum of 3 years’ UK-based Accounts Receivable / Credit Control experience
- Strong experience of sales ledger, credit control, cash allocation and customer account reconciliations
- Experience managing major retail customers and/or independent wholesale accounts
- AAT qualification, or be studying towards ACCA/CIMA
- Good knowledge of UK VAT
- Experience using an accounting/ERP system such as Sage 200, Microsoft Dynamics, SAP, Net Suite or Xero
- Strong Microsoft Excel skills
- Excellent communication skills with the confidence to manage payment queries, disputes and overdue accounts
- Highly desirable
- Experience within wholesale, fashion, footwear, apparel or FMCG
- Knowledge of European trading procedures
- Experience handling GBP and EUR / multi-currency transactions
- A European language, particularly German or French
- Accounts Receivable
- Maintain the sales ledger and ensure customer accounts are up to date
- Allocate incoming customer payments accurately
- Monitor outstanding balances and follow up on overdue invoices including debit notes
- Reconcile customer accounts and resolve discrepancies promptly
- Prepare and send customer statements and aged debtor reports
- Raise manual nonstock Invoice & credit note and process accurately and on time
- Credit Control
- Assess new customer credit applications and assist with setting credit limits
- Monitor customer credit exposure and recommend actions where necessary
- Maintain effective communication with customers regarding payment terms
- Escalate overdue accounts in line with company credit control procedures
- Potentially escalation unresolved issues to senior credit control staff
- Customer Service & Sales Support
- Liaise with the sales & operation team to resolve invoice disputes, pricing queries and debit notes
- Work with customers to investigate shortages, returns, credit notes, and deductions
- Process approved credit notes accurately
- Build positive relationships with wholesale customers while ensuring timely collections
- European & UK Trade Support
- Understand customer payment terms across UK and European markets
- Assist with multi-currency transactions where applicable (GBP and EUR)
- Ensure compliance with VAT requirements and financial procedures relating to UK and European trade
- Reporting
- Produce weekly and monthly aged debt reports
- Monitor debtor days (DSO) and collection performance
- Assist with month-end closing activities relating to accounts receivable
- Support cash flow forecasting by providing expected collection schedules
- General Finance Duties
- Assist with audit requests relating to customer accounts.
- Maintain accurate financial records and filing.
- Support continuous improvement of finance processes and controls.
- Provide cover for other finance functions when required.
- Key Performance Indicators (KPIs)
- Debtor Days (DSO) within target
- Percentage of overdue debt reduced
- Timely allocation of customer receipts
- Accuracy of customer accounts
- Collection targets achieved
- Invoice query resolution within agreed service levels
- Month-end reporting completed accurately and on time
What's in It for You?
- Up To £40,000 per annum (depending on qualifications & experience)
- 25 days of annual leave + bank holidays
- Additional days holiday between Christmas and New Year if the Directors decide to close the business
- Standard working hours 9 to 5:30 - 30 min lunch = 40 hours a week
- 1-day WFH after probation and training at the company's sole discretion (non-contractual)
- Workplace Pension Scheme
- 60% Discount on our products that we have on Ecommerce
- Sample sales 2+ times a year
- Short Leave - with pre-approval from Line Manager to take up to 2 hours off without deduction from holiday allowance
- Statutory sick pay
- Annual pay review and/or bonus at the Directors discretion
- #J-18808-Ljbffr
Accounts Receivable Executive in Southend-on-Sea employer: One to One personnel Limited
Join a dedicated team in Chelmsford where your passion for supporting individuals with SEND can truly shine. We offer a collaborative work culture that prioritises inclusion and personal growth, alongside competitive pay and the potential for permanent employment. With opportunities for professional development and a supportive environment, you will make a meaningful impact while enjoying the benefits of a flexible work schedule and onsite parking.
Contact Details:
One to One personnel Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Accounts Receivable Executive in Southend-on-Sea
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We think you need these skills to ace Accounts Receivable Executive in Southend-on-Sea
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