At a Glance
- Tasks: Manage customer accounts, process invoices, and ensure timely cash collection.
- Company: Join a dynamic finance team in a growing business environment.
- Benefits: Competitive salary, flexible working hours, and opportunities for professional growth.
- Other info: Opportunity to improve processes and develop your career in finance.
- Why this job: Be a key player in financial operations and make a real impact on business success.
- Qualifications: Experience in finance roles, strong attention to detail, and excellent communication skills.
The predicted salary is between 24750 - 30250 £ per year.
Job Title
- Accounts Receivable & Finance Operations Coordinator
- Role Purpose
We are looking for an organised and proactive finance professional to take ownership of the end-to-end financial administration for one of our key customer accounts.
This is a newly created role supporting a significant new business opportunity, responsible for ensuring customer transactions are processed accurately, invoices are managed efficiently, cash is collected promptly and commission invoices are raised correctly.
Working closely with Finance, Sales and Operations, you will play a key role in maintaining excellent financial controls while identifying opportunities to improve processes as the account continues to grow.
Key Responsibilities
- Process customer sales invoices generated from the inventory management system into Xero.
- Ensure invoices are accurate, complete and processed within agreed timescales.
- Liaise with Customer Service Team to investigate and resolve invoice discrepancies before processing.
- Process credit notes and adjustments where required.
- Maintain accurate customer records within the finance system.
- Accounts Receivable & Credit Control
- Take ownership of the customer sales ledger.
- Monitor outstanding invoices and proactively manage overdue debt.
- Liaise with NHS and private hospital finance departments regarding outstanding invoices.
- Work with internal sales representatives to resolve payment queries and support debt recovery.
- Maintain accurate records of customer communications and outstanding actions.
- Produce customer statements as required.
- Cash Allocation & Reconciliations
- Allocate customer receipts accurately within Xero.
- Reconcile customer accounts and investigate discrepancies.
- Complete reconciliations to support commission calculations.
- Commission Processing
- Prepare and reconcile data required for commission calculations.
- Raise commission invoices accurately and within agreed deadlines.
- Investigate and resolve commission-related queries.
- Process Improvement
- Identify opportunities to improve efficiency and accuracy of financial processes.
- Support development of scalable procedures as transaction volumes increase.
- Assist with improvements between the inventory management system and Xero.
- Maintain process documentation.
- General Finance Support
- Support the wider finance team during busy periods.
- Assist with audit requests relating to customer transactions.
- Comply with company financial controls and procedures.
- Undertake other duties appropriate to the role.
Skills & Experience
- Previous experience in an Accounts Receivable, Sales Ledger or Finance Assistant role.
- Strong reconciliation skills and attention to detail.
- Experience of credit control and cash allocation.
- Experience using accounting software, Xero knowledge is desirable
- Excellent organisational and communication skills.
- #J-18808-Ljbffr
Accounts Receivable Specialist in Newbury employer: Osteotec
Osteotec is an exceptional employer, offering a dynamic work environment where innovation meets collaboration. With a strong focus on employee development and growth opportunities, particularly in the orthopaedic field, our team enjoys a supportive culture that values contributions and fosters professional advancement. Located in the vibrant South of England, we provide unique access to leading NHS and private hospitals, allowing our employees to make a meaningful impact in the healthcare sector.
StudySmarter Expert Advice🤫
We think this is how you could land Accounts Receivable Specialist in Newbury
✨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 Osteotec. 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 Accounts Receivable Specialist in Newbury
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 Osteotec.
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 Osteotec'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 Osteotec
✨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 Osteotec.
✨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 Osteotec 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 Osteotec 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.
