Accounts Receivable Administrator

Accounts Receivable Administrator

Fareham Full-Time 30000 - 42000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage customer accounts, cash postings, and resolve queries daily.
  • Company: Join a leading global manufacturer of contact lenses.
  • Benefits: Enjoy 25 days holiday, healthcare cover, and flexible working options.
  • Why this job: Be part of a dynamic team focused on continuous improvement and personal growth.
  • Qualifications: Strong communication skills and attention to detail are essential.
  • Other info: Extensive training and development opportunities available.

The predicted salary is between 30000 - 42000 £ per year.

JOB DESCRIPTION

JOB TITLE – Accounts Receivable Administrator

DEPARTMENT – Finance

LOCATION – Segensworth, Fareham (onsite)

WORKING HOURS – Monday – Friday, 8:30-4:30

A brighter future awaits you

We have an exciting opportunity for you to join a dynamic team as an Accounts Receivable Administrator for a leading global manufacturer of contact lenses.

You will be primarily responsible for overseeing customer accounts, daily cash postings and allocations, account maintenance and customer query resolution.

Responsibilities:

  • Monitoring assigned customer accounts for slow payment or potential overdue debt in accordance with agreed or contractual payment terms and CooperVision Cash Management Principles. Follow up as appropriate via telephone or email to ensure payment is either forthcoming or received.
  • Posting into the ERP system payments received and allocating against the relevant invoices and / or credit notes daily to ensure that reported account balances are accurate, correctly aged (according to agreed or contractual payment terms) and fairly stated.
  • Responding to and satisfactorily resolving external (Customer) and internal (Customer Services, Commercial / Sales etc.) queries relating but not limited to account balances, overdue debt and copies of invoices or credit notes.
  • Generating and distributing customer statements monthly or as requested and the appropriate Dunning letters in respect of overdue debt.
  • Reviewing on hold orders and providing assessment on order release
  • Generating credit reports on customers and providing assessment of customer payment performance
  • Assisting the Accounts Receivable Manager and / or Supervisor in ensuring that period end close requirements are completed accurately and in accordance with the agreed close timelines.
  • Ensuring that all company policies and procedures are adhered to including but not limited to, Approval Matrix, TCC and / or CooperVision accounting or operational policies.
  • Performing any other duties as requested by the Accounts Receivable Manager and / or Supervisor.

Process Optimisation / Continuous Improvement

  • Contribute as necessary towards the continuous improvement of existing Accounts Receivable processes, structures, and systems.
  • Support where necessary the implementation of enabling technologies, e.g. automation and workflow approval, initiatives.

Finance Policy and Controls

  • Ensure compliance with CHQ and / or Cooper accounting policies.
  • Ensure compliance with Sarbanes-Oxley (SOX) and the established internal control framework.
  • Assist with Internal and External (currently KMPG) audit requirements.

What skills and experience should you have?

You must be able to operate in a dynamic and changing environment, manage multiple deadlines, display a high level of professionalism and organisational skills, maintain confidentiality as necessary and have strong verbal and written communication skills whilst supporting the principles of a Shared Service Centre by understanding the needs of the customer, constantly aiming to exceed customer expectations as well as adopting a continuous improvement approach.

Other knowledge, skills and abilities essential to excel in this role include:

  • Must be willing to supervise a growing and diverse team
  • Ability to work to targets, achieving objectives and meeting deadlines
  • Have a proactive; flexible and adaptable approach
  • Customer focused with good communication skills
  • Ability to self-manage ensuring that key deadline are met through planning and prioritizing workloads
  • Attention to detail, accurate when working under pressure and to deadlines is essential
  • The ability to multi task, solve problems and take responsibility for resolution is necessary
  • Excellent knowledge of MS Office (including Word, Excel and Outlook)

What we offer

You\’ll receive competitive compensation alongside a fantastic benefits package including;

  • 25 days holiday
  • Company sick pay
  • Pension scheme
  • Healthcare cover
  • Life assurance
  • Flexible working
  • Discounted gym memberships
  • Extensive learning and development opportunities
  • Access to our Wellness Platform
  • Free eye tests
  • A heavily discounted contact lens scheme and much more!

To help us achieve our goals, we\’ll give you everything you need to help you achieve yours. We are committed to our employees\’ personal and professional development and offer extensive training to support your career growth and help every individual to reach their full potential.

If you like what you see, take the first step towards your Brighter Future and apply today! All suitably qualified applicants will receive equal consideration and opportunities from CooperVision.

Please view our careers page at https://hcjy.fa.us2.oraclecloud.com/hcmUI/CandidateExperience/en/sites/CX_1to view all other opportunities.

#LI-OC1 #J-18808-Ljbffr

Accounts Receivable Administrator employer: The Regional Municipality of Durham

CooperVision is an exceptional employer located in Segensworth, Fareham, offering a vibrant work culture that prioritises employee well-being and professional growth. With a comprehensive benefits package including 25 days of holiday, healthcare cover, and extensive learning opportunities, we are dedicated to fostering a supportive environment where every team member can thrive and contribute to our mission of delivering innovative contact lens solutions.
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Contact Detail:

The Regional Municipality of Durham Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Accounts Receivable Administrator

✨Tip Number 1

Familiarise yourself with the specific software and ERP systems commonly used in accounts receivable roles. Highlight any experience you have with these systems during your conversations, as it shows you're ready to hit the ground running.

✨Tip Number 2

Demonstrate your understanding of cash management principles and debt collection strategies. Be prepared to discuss how you've successfully managed customer accounts or resolved payment issues in previous roles.

✨Tip Number 3

Showcase your communication skills by preparing examples of how you've effectively handled customer queries or disputes. This will illustrate your ability to maintain strong relationships while ensuring timely payments.

✨Tip Number 4

Research CooperVision's values and commitment to continuous improvement. Be ready to share ideas on how you can contribute to optimising processes within the accounts receivable team, demonstrating your proactive approach.

We think you need these skills to ace Accounts Receivable Administrator

Accounts Receivable Management
Customer Account Monitoring
Cash Posting and Allocation
ERP System Proficiency
Query Resolution
Credit Reporting
Financial Compliance
Attention to Detail
Organisational Skills
Communication Skills
Problem-Solving Skills
Time Management
Proactive Approach
MS Office Proficiency
Continuous Improvement Mindset

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in accounts receivable or finance. Emphasise skills such as attention to detail, customer service, and proficiency in MS Office, particularly Excel.

Craft a Strong Cover Letter: Write a cover letter that specifically addresses the responsibilities mentioned in the job description. Mention your ability to manage multiple deadlines and your proactive approach to problem-solving.

Showcase Relevant Skills: In your application, clearly outline your communication skills and experience with customer queries. Provide examples of how you've successfully resolved issues in previous roles.

Proofread Your Application: Before submitting, thoroughly proofread your application for any spelling or grammatical errors. A polished application reflects professionalism and attention to detail, which are crucial for this role.

How to prepare for a job interview at The Regional Municipality of Durham

✨Know Your Numbers

As an Accounts Receivable Administrator, you'll be dealing with financial data daily. Brush up on your knowledge of cash flow management, invoicing processes, and how to handle overdue accounts. Being able to discuss these topics confidently will show your expertise.

✨Demonstrate Attention to Detail

This role requires a high level of accuracy, especially when posting payments and resolving queries. Be prepared to share examples from your past experiences where your attention to detail made a significant impact on your work.

✨Showcase Your Communication Skills

You'll need to interact with customers and internal teams regularly. Practice articulating how you've effectively resolved customer queries or collaborated with colleagues in the past. Clear communication is key in this role.

✨Prepare for Scenario Questions

Expect questions that assess your problem-solving abilities, such as how you would handle a slow-paying customer or a discrepancy in account balances. Think through potential scenarios and your approach to resolving them before the interview.

Accounts Receivable Administrator
The Regional Municipality of Durham
T
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