Financial Accounting Associate - Accounts Receivable London

Financial Accounting Associate - Accounts Receivable

London

Financial Accounting Associate - Accounts Receivable, London, 12 months FTC

Are you looking to step into a finance role that offers both engaging tasks and a sense of accomplishment? As a Financial Accounting Associate, you'll play a crucial role in our core billing service. You'll be responsible for ensuring our customers are billed accurately and promptly, contributing to our overall financial benefit. You can look forward to enhancing your capabilities while working in a busy and stimulating environment.

Accountabilities

• Participates in the development of the team's policies, procedures, and processes through providing input and feedback
• Run and manage the accounts receivable BAU invoicing utilising the financial systems
• Run and manage the revenue modules in the finance system
• Ensure revenues are accurately recorded, reconciled and accurate in the finance systems. Perform timely reconciliations of system data to customer data
• Ensure knowledge and understanding of new products and services is maintained
• Ensure that invoices raised adhere to company procedures and whilst functioning with accuracy and timeliness
• Ensure accounting transactions are appropriately applied and maintained in line with governing standards across all entities for accounts receivable
• Ensure detailed analytical review is conducted for debtor balances and collections
• Update and manage aged debtors reporting
• Implementation of robust reconciliation processes within accounts receivable
• Prepare and produce debtor account reconciliation
• Maintain good working relations with both internal and external clients
• Ensure implementation of processes is carried out in line with business needs, directorate needs, requirements of both internal and external audit teams for group entities
• Ensure debtors are setup and maintained from a legal and financial perspective (financial accounting and operational finance) within Infor Sun and SAP Concur for account receivable
• Ensure statutory requirements are met including with regards to VAT corporation tax
• Produce and prepare of the organisations bad debt provisions and write off schedules
• Input into key performance metrics and other measures as required

Education, Skills & Experience

• Understands accounts receivable
• Proven ability in efficiently handling disagreements and achieving mutually agreeable outcomes
• Proficient in bookkeeping practices, including double-entry accounting, demonstrated by considerable practical experience
• Demonstrable experience in Finance Systems
• Demonstrated process improvements
• Implementation of controls and governance
• Technical financial knowledge / accounting standards application for accounts receivable and accounts payable
• Proficient in MS Excel
• Excels at expeditious skill uptake, is self-directed, proficient in time orchestration, and actively engages in team synergy.
• Capable of working effectively without supervision and shows a meticulous approach to detail-oriented tasks.
• Ability to communicate across all levels of an organisation.

At Pay.UK, we value diversity and inclusivity. 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.

About Us

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.

Benefits & Additional Information

• 12% Non-contributory pension
• Discretionary annual bonus
• 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:

• Benefits for FTC roles may vary
• Benefits do not apply to any consultancy roles