Accounts Receivable

1 month ago

London, United Kingdom Thisisvertus Full time

Accounts Receivable & Billing Manager page is loaded Accounts Receivable & Billing Manager
Apply locations Canary Wharf, London, E14 time type Full time posted on Posted Yesterday job requisition id R1640 Department: Accounts ______________
Group Financial Controller Our Culture and Values:
Our mission is to empower our people, engage our communities and create sustainable places.
Our values help us achieve exceptional results:
Engagement: Develop our people, our communities, our stakeholders and our suitable environment and be exceptional while respecting others
The Accounts Receivable and Billing Manager role is critical for maintaining cash flow, minimising bad debts write offs, and ensuring timely payment collection within the CWG Group. By implementing effective accounts receivable processes and fostering positive relationships with tenants, the role contributes to the financial health and success of the Group.
The role is responsible for the billing of multiple charges to CWG’s tenants with the accuracy and timeliness of billings being of the upmost importance in maintaining CWG’s reputation and trust with it’s tenants.
4 days in office / 1 WFH
Overall responsibility for the billing and invoicing of the CWG Group: Supervise the billing and invoicing process for tenants, and other stakeholders, ensuring accuracy and timeliness in generating invoices for rent, service charges, utilities, and other billable items.
Quarterly financial close: Take responsibility for the quarterly financial close of the Accounts receivable and billing function to ensure it is completed in accordance with the required timeframes.
Reporting and Analysis: Develop KPI reporting for circulation to the wider business. Generate regular reports and analyses of accounts receivable metrics, aging trends, and collection efforts, providing insights to management for decision-making and strategic planning purposes.
Serve as the main point of contact for tenants regarding billing inquiries, payment arrangements, and billing disputes, fostering positive relationships and addressing concerns in a timely manner.
Collections Management: Monitor accounts receivable aging reports to track outstanding balances, identify overdue accounts, and initiate collections activities, such as sending reminders, making collection calls, and escalating collection efforts as needed.
Work collaboratively with the finance, leasing and legal teams to ensure effective communication between teams in relation to debt management and responses to tenant queries.
Payment Processing: Oversee the processing of incoming payments, ensuring proper application of funds to tenant accounts and reconciliation of payment records. Identify opportunities for process/internal control improvement and automation within the accounts receivable function, implementing best practices, and technology solutions to streamline operations and enhance efficiency
Credit Control Policies: Develop and enforce credit control policies and procedures to minimize credit risks, establish credit limits, and monitor credit terms for tenants and clients in accordance with company policies and industry standards.
Lead and mentor the accounts receivable team comprising the assistant manager, 4 credit controllers and 3 billing administrators including performance management, training and development. Working with Group finance and leasing admin teams to ensure information tenant information and billing is accurate.
Perform other finance tasks as required.
An experienced Accounts Receivable and Billing Manager that has worked in a complex business with multiple revenue/billing streams and customers.
The role requires the individual to have achieve at least the MCICM level of qualification from the Chartered Institute of Credit Management. A proven ability to transform the AR and billing function, driving continuous process and financial/KPI reporting improvement. Experience of working with operational management in a collaborative way.Experience of financial close processes and interacting with the wider finance team to ensure the delivery of financial information in accordance with strict deadlines. Very organised with exceptional time management skills – able to work under pressure, prioritising and meet competing deadlines.
Diversity and Inclusion: We recognise the importance of embracing diverse experience, skills and perspectives at all levels and operating in an inclusive working environment, in order for everyone to reach their full potential. We also recognise that it makes business sense, since being an inclusive employer leads to better business performance and higher levels of employee engagement and satisfaction. Flexible Working: As an inclusive employer, we recognise the positive impact flexible working can have on an individual, their wellbeing, engagement and productivity. Therefore, we are open to consider flexible working arrangements, both temporary or permanent.
At Canary Wharf Group, our employees receive a wide range of support to help improve their skills and achieve their career goals. We offer development opportunities through classroom and e-learning training, mentoring, cross department experience and on the job learning. We heavily invest in our staff attaining accreditations to develop existing and new skills, support chartered status, sponsorships and provide further educational opportunities which are job and business related. Other Benefits: We are committed to building a safe, happy and healthy community for our employees and we offer a comprehensive range of benefits, all designed with our employees and their wellbeing in mind. From generous pension and insurance plans, to health benefits, subsidised gym membership, store discounts and family leave, our benefits package allows our employees to choose the benefits that suit them and their individual needs. If you are interested in joining our highly professional and skilled team for our next exciting phase of development, please complete the form on this page to apply online.
Canary Wharf Group (CWG) is the developer of the largest urban regeneration project in Europe. CWG is the largest sustainable developer in the UK and also excels operationally as it purchases 100% electricity from renewable sources since 2012 and zero waste to landfill since 2009.
CWG has created a 24/7 city where people can live, work and thrive on the Canary Wharf estate and enjoy all the benefits: great transport links, access to green spaces and waterside living; Canary Wharf’s retail offering comprises over 300 shops, including grocery stores, pharmacies, health clubs, bars and restaurants, all within 15 minutes’ walk.
The Company’s current £2bn construction activity and pipeline includes more than 500k sq ft NIA of commercial properties and over 2,300 new homes for sale and rent. #

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