At a Glance
- Tasks: Manage accounts receivable, billing, and collections for exciting brand partnerships.
- Company: Join Smartech, a hub of innovation in retail technology.
- Benefits: Competitive salary, career growth, and a dynamic work environment.
- Other info: Collaborative culture with opportunities for professional development.
- Why this job: Be part of a team that drives financial success and supports global brands.
- Qualifications: 2-5 years in finance, strong Excel skills, and experience with invoicing.
The predicted salary is between 27000 - 30000 £ per year.
A Accounts Receivable & Collections Assistant will play an important role in supporting the management of Smartech’s commercial revenue streams. Working closely with the Business Development and Finance teams, you will ensure that commercial agreements are accurately administered, invoiced, collected, and reported.
The role will focus on billing, accounts receivable, collections, recovery of commercial fees, and the administration of commercial agreements and supporting documentation.
- Accounts Receivable, Billing & Collections
- Ensure the effective administration and management of Accounts Receivable, billing, collections, and revenue recovery processes.
- Take ownership of day-to-day financial administration relating to debtor management, invoicing, account reconciliations, and collections activities.
- Prepare and issue invoices to brand partners through the Finance ERP system (Xero), ensuring accuracy and timely processing.
- Manage the recovery of commercial fees and outstanding balances arising from brand partnership agreements.
- Monitor aged debtors and proactively follow up outstanding payments.
- Maintain accurate records of collection activities, payment commitments, and recovery actions.
- Review, prepare, and maintain Accounts Receivable, collections, recovery, and outstanding debt reports.
- Support month-end and year-end Accounts Receivable processes.
- Commercial Agreement Administration
- Review commercial agreements to ensure billing terms, payment schedules, and commercial commitments are accurately reflected in invoicing and recovery processes.
- Support the administration and execution of brand agreements and product loan agreements.
- Assist with the completion and maintenance of credit applications and related account documentation.
- Assist the Business Development and Legal teams with basic contract redlining in accordance with the company playbook.
- Maintain accurate filing and record-keeping systems for commercial agreements, financial records, supporting documentation, and company files.
- Work closely with the Business Development team to ensure commercial agreements are correctly administered and invoiced.
- Process Improvement & Business Support
- Participate in the implementation and continuous improvement of procedures, policies, and systems to support business growth, compliance, operational efficiency, and scalability.
- Assist in the development, review, and enhancement of debtor management policies, collection procedures, and operational documentation.
- Support planning and forecasting activities relating to commercial revenue streams, invoicing schedules, collections performance, and revenue recovery.
- Provide analysis and reporting on collection performance, outstanding balances, and recovery trends to support business decision-making.
- Collaborate with internal stakeholders to identify opportunities for process improvement and operational efficiencies.
Must haves/Good to haves:
- 2–5 years of proven experience in Accounts Receivable, Credit Control, Collections, Billing, or Finance Administration.
- Experience managing invoicing, debtor accounts, payment recovery, and collection processes.
- Strong understanding of Accounts Receivable and credit control best practices.
- Experience preparing reports and analysing outstanding debt and collection performance.
- Experience working with ERP and accounting systems (Xero experience is advantageous).
- Familiarity with basic contract redlining or working with legal guidelines is advantageous.
- Strong Excel and Microsoft Office skills.
What We Offer
- The opportunity to work for one of the world’s most innovative retail concepts.
- Exposure to leading global brands and cutting-edge technologies.
- A dynamic, entrepreneurial, and international working environment.
- Career development and growth opportunities.
- A collaborative and supportive team culture.
Accounts Receivable & Collections Assistant in Slough employer: Smartech
Smartech Retail Group is an exceptional employer, offering a vibrant and innovative work environment in the heart of London. As an Accounts Receivable & Collections Assistant, you will benefit from exposure to leading global brands and cutting-edge technologies, while enjoying a collaborative team culture that fosters career development and growth opportunities. With a focus on employee well-being and operational efficiency, Smartech provides a unique platform for meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Accounts Receivable & Collections Assistant in Slough
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with potential colleagues on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching Smartech and understanding their values and products. Tailor your answers to show how your skills in accounts receivable and collections align with their mission. We want to see your passion for the role!
✨Tip Number 3
Practice common interview questions related to finance and collections. Think about your past experiences and how they relate to the responsibilities of the Accounts Receivable & Collections Assistant. Confidence is key!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining our team at Smartech.
We think you need these skills to ace Accounts Receivable & Collections Assistant in Slough
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Accounts Receivable & Collections Assistant role. Highlight your relevant experience in billing, collections, and finance administration. 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 passionate about this role and how you can contribute to our team. Be sure to mention any specific experiences that relate to managing invoicing and debtor accounts.
Showcase Your Skills:Don’t forget to showcase your skills in Excel and any experience with ERP systems like Xero. We love candidates who can demonstrate their technical abilities, so make sure to include examples of how you've used these tools in your previous roles.
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and we’ll be able to see your application right away. Plus, it shows us you’re keen on joining our innovative team!
How to prepare for a job interview at Smartech
✨Know Your Numbers
Brush up on your knowledge of accounts receivable and collections metrics. Be ready to discuss how you've managed invoicing, debtor accounts, and payment recovery in your previous roles. This shows you understand the financial landscape and can hit the ground running.
✨Familiarise with Xero
Since the role involves using Xero for invoicing, make sure you're comfortable with it. If you have experience, prepare to share specific examples of how you've used it effectively. If not, consider watching some tutorials to get a basic understanding.
✨Showcase Your Attention to Detail
In this role, accuracy is key. Prepare examples that demonstrate your attention to detail, especially in billing and documentation. You might want to mention any processes you've improved or errors you've caught in the past.
✨Be Ready to Discuss Process Improvements
Think about times when you've contributed to improving processes in your previous jobs. Smartech values operational efficiency, so be prepared to discuss how you can help streamline their accounts receivable and collections processes.
