Order to Cash Associate

6 days ago

Manchester, United Kingdom THG Full time

THG is a fast-moving, global technology business that specialises in taking brands direct to consumers. Our world-class proprietary tech and infrastructure powers our extensive portfolio of beauty, nutrition and lifestyle brands and is now helping drive exponential growth of our clients' brands globally.

We're powered by a global team of over 10,000 ambitious people around the world. Our culture is fast-paced and entrepreneurial, it's this DNA that has supported our incredible growth.

We're always looking for individuals that can bring fresh and innovative thinking to THG, and play a part in driving the group forward on its exciting journey. So, if you're ready to take the next big step in your career, challenge yourself every day and evolve with the world around you, THG is ready for you.

**Location: Icon 1, M90 5AA**

**About** **Finance at THG**

THG Finance is an innovative, rapidly growing team that covers all aspects of finance from central functions to commercial teams. We support the business as it expands and takes on new challenges in the form of acquired businesses or new ventures. Our team members are adaptable, resourceful, and able to drive change to keep pace with the business, without compromising on financial control or sales performance.

**About the Role**

Reporting into the Senior OTC Associate, the OTC Associate (AR) will manage divisional Accounts Receivable duties, delivering a 'world-class' service to our Customer base and Internal Stakeholders.

We adapt a right first time approach to maximise cash and minimize risk by delivering an efficient billing process, alongside effectively managing our Accounting procedures in line with company policy.

We are part of a Shared Service Centre environment, proactively engaging in the development of the wider team for the benefit of business growth.

**Responsibilities**:

- Posting cash
- Allocating cash
- Bank Statement Reconciliation
- Balance Sheet Reconciliation
- Processing Customer Invoices & Credit Notes in accordance with HMRC VAT regulations and company guidelines
- Daily reconciliation of Invoicing report
- Process monthly write-off's
- Upload and manage Customer Portal portfolio
- Reconcile Portal status to Aged Debt Report
- Liaising with relevant Sales Departments on Document information Controls
- Produce weekly performance report for your Division(s)
- Working alongside your Credit Control counterpart to deliver a 'world-class' service to our Customer base
- Hold weekly / monthly meetings with Divisional Financial Controllers
- Process account adjustments, cash moves and contra's according to company guidelines
- Effectively deliver month end close on Working Day 1
- Proactively manage Customer queries
- Efficiently manage department mailboxes
- Develop and maintain excellent working relationships with external Customers, internal stakeholders and wider finance teams
- Support with audit requests at any given time
- Adhoc duties when required

**Process Management and Improvement**
- In liaison with the Senior OTC Associate, identify and propose continuous improvement initiatives
- Effectively manage Key Stakeholder and Customer expectations

**Requirements**:

- A good knowledge & understanding of Accounts Receivable processes
- Experience of processing a high volume of invoices/credits in multiple currencies
- A good knowledge and understanding of VAT requirements
- A solid working knowledge of Microsoft Word, ACCESS, Outlook and Excel (Understanding V-Lookup, Pivot and Functions as a basic requirement for the role)
- Knowledge of SAGE X3 advantageous
- Track record of high performing standards and hitting deadlines consistently

**Qualification**:

- Professional education or equivalent experience
- Fluent in English verbal and written. Another European Langage (French, Polish, Swedish, German) would be beneficial but not essential

**Benefits**:

- Competitive salary
- Onsite doctor
- Employee discounts
- Gym discounts
- Company bonus scheme
- Company pension scheme

**THG is proud to be a Disability Confident Committed employer. If you are invited to interview, please let us know if there are any reasonable adjustments we can make to the recruitment process that will enable you to perform to the best of your ability.

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