At a Glance
- Tasks: Lead the Accounts Receivable team and manage cash flow processes.
- Company: Join a large global business with a dynamic work culture.
- Benefits: Competitive salary, hybrid working, and professional development opportunities.
- Why this job: Make an impact by improving financial processes and leading a dedicated team.
- Qualifications: Experience in Accounts Receivable and strong communication skills required.
- Other info: Great opportunity for career growth in a supportive environment.
The predicted salary is between 45000 - 55000 £ per year.
Location: Berkshire
Type: Permanent
Salary: £45,000 - £55,000 Per Annum (Plus benefits)
Orka Financial is working with a large global business to recruit an Accounts Receivable Manager based in Maidenhead. The role will have 3 direct reports managing the order to cash process.
Responsibilities
- Oversee and manage the accurate and timely allocation of cash receipts, ensuring the Accounts Receivable ledger is complete, accurate, and up to date.
- Manage the end-to-end process for customer promotional invoices, including review, distribution to the Sales team, and ensuring correct coding against relevant accruals.
- Lead and drive debt collection activities, maintaining regular communication with customers to ensure payments are received in line with agreed credit terms.
- Review and approve the preparation and distribution of customer statements on a monthly basis, as well as the timely issuance of daily invoices.
- Take ownership of complex query resolution, ensuring root causes are identified, issues are resolved efficiently, and escalations are managed appropriately to minimise delays in cash collection.
- Analyse accounts receivable data and trends to identify risks, disputes, and opportunities for process improvement.
- Prepare and manage monthly cash flow forecasts, including setting collection targets, monitoring actual performance, and providing clear explanations of variances against forecast.
- Ensure full compliance with internal control frameworks, company policies, and audit requirements across all accounts receivable processes.
- Establish, monitor, and continuously improve AR processes to ensure work is delivered in a timely, consistent, and high-quality manner.
- Provide guidance, support, and oversight to accounts receivable staff, promoting best practices and effective performance management.
Key Skills/Experience
- Proven experience in Accounts Receivable and/or Credit Control, including demonstrable people management or team leadership responsibility.
- Strong written and verbal communication skills, with the ability to communicate confidently and professionally with internal stakeholders and external customers at all levels.
- Confident and effective telephone manner, particularly when managing sensitive or escalated credit and collection discussions.
- Highly motivated self-starter with the ability to take ownership of outcomes and drive continuous improvement within the AR function.
- Commitment to professional development, with the ability and willingness to pursue relevant Credit Management or Finance qualifications.
- Strong working knowledge of Microsoft Excel, including the ability to analyse data, manage reports, and support forecasting and performance tracking.
- Experience using ERP systems, with SAP knowledge preferred but not essential.
- Assertive yet empathetic communicator, able to balance commercial objectives with positive customer relationships.
Salary: £45,000-£55,000 DOE Hybrid working + further benefits.
Accounts Receivable Manager employer: Orka Financial
Contact Detail:
Orka Financial Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Accounts Receivable Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who might know about opportunities in accounts receivable. A friendly chat can sometimes lead to job openings that aren't even advertised.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of cash flow management and debt collection strategies. We want you to showcase your expertise and confidence when discussing how you can improve AR processes.
✨Tip Number 3
Don’t forget to follow up after interviews! A quick thank-you email can keep you fresh in the interviewer's mind and show your enthusiasm for the role. Plus, it’s a great chance to reiterate why you’re the perfect fit.
✨Tip Number 4
Apply through our website for the best chance at landing that Accounts Receivable Manager role. We’re all about making the process smooth and ensuring your application gets the attention it deserves!
We think you need these skills to ace Accounts Receivable Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Accounts Receivable Manager role. Highlight your experience in managing cash receipts and leading teams, as well as any relevant qualifications. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention your strong communication skills and your ability to handle complex queries, as these are key for us at StudySmarter.
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Whether it's improving cash flow forecasts or enhancing AR processes, we love to see how you've made a difference in your previous roles.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Orka Financial
✨Know Your Numbers
As an Accounts Receivable Manager, you'll need to be comfortable with financial data. Brush up on your knowledge of cash flow forecasts and accounts receivable metrics. Be ready to discuss how you've used data analysis in previous roles to drive improvements.
✨Showcase Your Leadership Skills
This role involves managing a team, so be prepared to talk about your experience in people management. Share specific examples of how you've guided your team through challenges or improved their performance. Highlight your ability to promote best practices.
✨Communicate Effectively
Strong communication skills are key for this position. Practice articulating complex financial concepts in a clear and concise manner. Think about how you would handle sensitive discussions with customers and be ready to demonstrate your assertive yet empathetic approach.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities, especially around complex query resolution and debt collection. Prepare scenarios from your past experiences where you successfully navigated challenges, ensuring you highlight the outcomes and lessons learned.