At a Glance
- Tasks: Lead daily accounts receivable operations and improve financial processes.
- Company: Join a dynamic company focused on innovation and teamwork.
- Benefits: Competitive salary, flexible hours, and opportunities for professional growth.
- Other info: Great chance to lead a team and drive process improvements.
- Why this job: Make a real impact by optimising cash flow and enhancing customer relationships.
- Qualifications: 5+ years in accounts receivable and strong analytical skills required.
The predicted salary is between 40000 - 50000 £ per year.
Job Description
Description
The Accounts Receivable Lead is responsible for overseeing daily accounts receivable activities, including invoicing, collections, cash application, customer account maintenance, and dispute resolution.
This role partners with internal and external customers, the sales team, and finance leadership while supporting accurate financial reporting.
Responsibilities/skills
- Manage daily accounts receivable operations including invoicing, cash application, account reconciliations, and customer account maintenance.
- Lead collection efforts, resolve billing discrepancies, and partner with Sales and Customer Service to address customer issues.
- Prepare AR reports, aging analysis, commission reports, and support month-end/year-end close activities.
- Provide leadership to the AR team while improving processes, reporting, automation, and internal controls.
- Monitor customer account balances, payment trends, and aging reports to improve cash flow and reduce past-due receivables.
- Process customer invoices, credit memos, and debit memos accurately and ensure timely transaction processing.
- Investigate and resolve unapplied cash, short payments, deductions, and account discrepancies.
- Support ERP enhancements, develop standard operating procedures, and identify opportunities for process improvements.
Qualifications
- 5+ years of progressive Accounts Receivable experience, preferably within a manufacturing environment.
- Strong knowledge of collections, cash application, credit practices, reconciliations, and month-end close processes.
- Experience with ERP systems, payment platforms, customer portals, and advanced Microsoft Excel.
- Strong analytical, organizational, and communication skills with the ability to manage multiple priorities.
- Experience leading or mentoring AR team members and driving process improvements.
- Ability to analyze financial data, aging reports, and collection metrics to identify trends and opportunities.
- Strong attention to detail with the ability to maintain accurate records and meet deadlines.
- Associate's degree in Accounting, Finance, Business Administration, or related field preferred; Bachelor's degree a plus.
Accounts Receivable Lead in Hastings employer: Otter Base
As an Accounts Receivable Lead at our company, you will thrive in a dynamic work culture that values collaboration and innovation. We offer competitive benefits, including professional development opportunities to enhance your skills and advance your career, all while working in a supportive environment that prioritises employee well-being. Located in a vibrant area, our company provides unique advantages such as easy access to local amenities and a strong community focus, making it an excellent place for meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Accounts Receivable Lead in Hastings
✨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 Otter Base. 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 Lead in Hastings
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 Otter Base.
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 Otter Base'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 Otter Base
✨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 Otter Base.
✨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 Otter Base 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 Otter Base 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.
