Income Officer

1 week ago


London, Greater London, United Kingdom Reed Full time
Part time Income Officer Job at Central London

Type:
Part-time (3 days/week)

Salary:
Approximately £32,311.76 per year

About the Company:
We are looking for a dedicated Income Officer to oversee the Accounts Receivables function and take the lead in managing the accounts for our organization. This role plays a crucial part in ensuring the accurate recording of all income within the month and monthly reconciliation of balance sheet receivables.

Responsibilities:
  • Transition income recognition from cash to accrual basis
  • Set up and compare bank/savings platforms for fund investment
  • Develop financial processes and systems for effective financial control
  • Raise and book sales invoices promptly
  • Monitor bank balances and currency requirements for accurate posting
  • Reconcile bank accounts and assist in cash flow monitoring and investment
  • Investigate and record unidentified income promptly
  • Ensure VAT contract classifications compliance for sales invoices
  • Monthly reconciliation of deferred and accrued income on the ledger
  • Communicate with international stakeholders for income collection procedures
  • Generate and follow up Aged Debtors reports
  • Assist in year-end audits and coordinate audits for branches and subsidiaries
  • Maintain a robust control environment with accurate accounting records
  • Provide training on financial policies, procedures, and Microsoft Business Central usage
  • Offer support to staff and collaborate with external software support providers for complex issues

Requirements:
  • Proven experience in Accounts Receivables and income accounting
  • Strong knowledge of financial processes and systems, especially Microsoft Business Central
  • Ability to reconcile accounts and manage financial discrepancies
  • Excellent communication skills for engaging with international stakeholders
  • Strong team player with a focus on improving processes

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