At a Glance
- Tasks: Manage accounts receivable, ensuring accurate invoicing and timely payment processing.
- Company: Join Pay.UK, a leader in UK retail payment systems.
- Benefits: Enjoy 30 days annual leave, fitness subsidies, and flexible working options.
- Other info: Be part of a diverse team committed to inclusivity and continuous improvement.
- Why this job: Make a real impact on the UK's financial landscape while developing your skills.
- Qualifications: Experience in accounts receivable and strong analytical skills required.
The predicted salary is between 31500 - 38500 £ per year.
- Financial Accounting – Accounts Receivable Specialist
- London
- Financial Accounting – Accounts Receivable Specialist, 6 Months FTC, London
We’re looking for a Financial Accounting, Accounts Receivable Specialist to help us keep our receivables processes accurate, timely and well controlled.
This is a focused specialist role for someone who enjoys clear ownership, accurate reconciliation and working with finance data that supports essential UK payment services.
At Pay.
UK, your work sits within an organisation that processes 10 billion payment transactions worth over £11 trillion annually, giving real scale and context to the finance environment you’ll work in.
You’ll join a team that values clarity, trust and continuous improvement.
If you’re motivated by maintaining accurate financial records, resolving queries and making sure incoming payments are accounted for correctly, this role offers the chance to do that in a collaborative and purpose-led setting.
- Accountabilities
- Process accounts receivable transactions accurately and post incoming receipts to the correct customer accounts and ledger codes.
- Reconcile customer accounts and investigate outstanding balances, unapplied cash and payment differences.
- Prepare and issue invoices, credit notes and supporting documentation in line with agreed processes and timelines.
- Monitor aged debt reports and follow up on overdue balances with internal teams and external customers where required.
- Resolve billing and payment queries by reviewing records, checking supporting information and updating finance systems.
- Support month end activities by preparing reconciliations, journals and reports related to accounts receivable balances.
- Maintain accurate financial records and make sure documentation is complete, current and ready for audit review.
- Work with colleagues across finance and the wider business to improve accounts receivable processes and tighten controls.
Qualifications, Skills and Experience
- Experience managing invoicing, cash allocation and reconciliations in an accounts receivable environment.
- Knowledge of accounts receivable controls, month-end activities and balance sheet reconciliations.
- Experience investigating payment and billing discrepancies using financial records and system data to resolve issues.
- Experience using finance systems and spreadsheets to maintain accounts receivable records and prepare receivables reports; experience with Workday is desirable.
- Inclusivity
At Pay.
UK, we value diversity and inclusivity.
Research has shown that candidates from underrepresented groups may hesitate to apply unless they meet all the requirements listed.
We encourage all qualified candidates to apply, regardless of how closely their skills and experience match the requirements.
We are committed to supporting accessibility needs and creating a welcoming environment for all employees.
Become part of our team and contribute to the creation of an inclusive work environment that values everyone's unique input.
Who we are
Pay. UK maintains and develops the UK retail payment systems and standards that are core to the economy being able to function on a day-to-day basis.
From Bacs to Faster Payments and cheques – we act as the single operator for all UK retail payments.
We put the needs of consumers and businesses at the heart of everything we do, working in the public interest to ensure that the systems the country relies on for its banking transactions are safe, open, innovative and resilient.
Our payment systems underpin the services that enable funds to be transferred between people and institutions.
In 2024, the UK's retail payment systems processed 11 billion transactions worth over £10 trillion through Bacs Direct Credit, Direct Debit, Faster Payments, and cheques, and our Current Account Switch Service has facilitated over 9 million switches since it’s launch in 2013.
Every day, individuals and businesses use the services we provide to get their salaries, pay their bills and make online and mobile banking payments.
Our vision for the future is to enable a vibrant economy, with Pay.
UK delivering robust payment infrastructure and standards for the benefit of consumers and businesses nationwide.
- 30 days annual leave (excluding bank holidays)
- Employee assistance programme
- Cycle to Work Scheme
- Season ticket loan
- Annual fitness subsidy of up to £500 per annum
- Working from home policy - minimum 40% in the office (eg. 2 days in the office over a 5 day working week)
Please note
- Some of our benefits are only available to colleagues after meeting the requirements of the probationary period.
Pay. UK employee benefits are not available to contractors and are only available to permanent and fixed-term employees.
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Financial Accounting – Accounts Receivable Specialist New London employer: Pay.UK Limited
At Pay.UK, we pride ourselves on being an exceptional employer that values diversity, inclusivity, and employee growth. Our supportive work culture fosters collaboration and innovation, providing opportunities for professional development while ensuring a healthy work-life balance with generous benefits such as 30 days of annual leave and a flexible working policy. Join us in our mission to maintain the UK's retail payment systems and be part of a team that makes a meaningful impact on the economy.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Accounting – Accounts Receivable Specialist New London
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
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Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Pay.UK Limited.
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We think you need these skills to ace Financial Accounting – Accounts Receivable Specialist New London
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Pay.UK Limited will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Pay.UK Limited. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Pay.UK Limited confidence in your short-term commitment to the role.
How to prepare for a job interview at Pay.UK Limited
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Pay.UK Limited.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Pay.UK Limited that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
