Accounts Receivable Specialist

3 weeks ago


Leeds, Leeds, United Kingdom Universal Business Team Full time

We are seeking an Accounts Receivable Specialist for a well-established organization. This is an exciting opportunity to become part of a company that is experiencing significant growth. The organization is committed to fostering a rewarding work environment that values its team members. In this role, you will oversee approximately 3,000 accounts, which include a diverse range of clients from small enterprises to large corporations and multinational entities. Your primary responsibility will be to manage the accounts receivable function, ensuring the prompt collection of outstanding invoices while nurturing positive relationships with clients.

Key Responsibilities

  • Develop and implement effective debt recovery strategies to minimize overdue accounts.
  • Supervise the complete accounts receivable process, which includes tracking outstanding invoices, following up on payments, and resolving any queries efficiently.
  • Process customer payments securely and efficiently, aiming to reduce debtor days through proactive communication and necessary escalation procedures.
  • Maintain strong relationships with clients, addressing any inquiries or concerns regarding invoices, payments, and credit terms in a professional manner.
  • Assess credit risk for both new and existing clients by conducting comprehensive credit evaluations and setting appropriate credit limits to mitigate financial exposure.
    Generate regular reports detailing the aging of receivables, collection performance, and credit risk, providing insights and recommendations for enhancing cash flow.
    Ensure adherence to regulatory standards, company policies, financial processes, and industry best practices in accounts receivable management.
    Perform daily reconciliation of company bank accounts, collaborating with the finance team to resolve any discrepancies or issues.
    Assist with various finance-related tasks, both on a routine and ad-hoc basis, and provide support across other areas of the finance department as needed.

Qualifications

  • Proven experience in accounts receivable management with a track record of reducing aged debt.
  • Strong grasp of financial principles, including credit risk assessment, cash flow management, and accounting practices.
  • Exceptional verbal and written communication skills, capable of interacting confidently and professionally with clients and internal stakeholders.
  • Effective negotiation abilities to resolve payment disputes while maintaining positive client relationships.
  • Meticulous attention to detail in reviewing invoices, reconciling accounts, and identifying discrepancies to ensure accuracy in financial records.
  • Strong organizational skills with the ability to prioritize tasks effectively to meet deadlines and manage multiple responsibilities.
  • Adaptability to changing priorities and business needs in a dynamic environment, with a proactive and solution-oriented approach.
  • Collaborative mindset, with the ability to work effectively within a cross-functional team and support colleagues as necessary.

Work Schedule

Monday to Friday, 8 AM to 5 PM

Compensation and Benefits

  • Salary range: £28,000 - £30,000
  • Bonus scheme available to all employees based on overall performance, paid quarterly.
  • Complimentary breakfast provided daily.
  • Additional holiday for your birthday.
  • Annual off-site team-building events.
  • Monthly team meetings.
  • A supportive team culture with recognition and appreciation initiatives.
  • Family-owned company where employees genuinely care about each other and their clients.
  • More than just a job; be part of a meaningful journey.
  • Opportunities for training and development, both in-house and through external courses.


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