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Financial Operations Coordinator

2 months ago

Wolverhampton, Wolverhampton, United Kingdom MET Recruitment UK Ltd Full time

Job Summary:

We are seeking a highly organized and detail-oriented Financial Operations Coordinator to join our team at MET Recruitment UK Ltd. As a key member of our finance department, you will be responsible for coordinating our clients' payroll processes, assisting with accounts payable and accounts receivable functions, and ensuring accurate and timely financial processing.

Key Responsibilities:

  • Payroll (20%):
    • Accountable for the weekly/monthly payroll for all employees, ensuring accuracy and compliance with company policies and regulatory requirements.
    • Maintain payroll records by entering and updating personal and financial information.
    • Prepare and distribute payroll reports and summaries for management review.
    • Respond to employee inquiries regarding payroll issues and resolve discrepancies.
    • Collaborate with HR and external payroll provider for processing of new hires, leavers, and changes in employee status.
    • Process weekly/monthly CIS submissions and distribute CIS certificates.
  • Accounts Payable & Accounts Receivable (80%):
    • Review, verify, and process supplier invoices for payment.
    • Maintain and update supplier files, ensuring all relevant information is current and accurate.
    • Reconcile supplier statements and handle discrepancies in a timely manner.
    • Prepare and process electronic transfers and payments.
    • Assist in month-end closing by providing supporting documentation and reconciliations.
    • Prepare AP aging reports and compilation of supplier payment runs.
    • Accounts Receivable:
      • Generate and send out invoices to customers in a timely manner.
      • Monitor customer accounts for non-payments, delayed payments, and other irregularities.
      • Reconcile accounts receivable ledger to ensure all payments are accounted for and properly posted.
      • Follow up with customers on outstanding invoices and manage collection activities.
      • Prepare regular AR aging reports.

Key Behaviours and Attributes:

  • Be a positive role model and ambassador for the company and its values.
  • Have excellent organizational and multitasking abilities to handle multiple responsibilities and prioritize tasks.
  • Have effective communication skills.
  • Be completely discreet in all matters.
  • Be proactive.