Cash Collection Specialist
3 weeks ago
The Accounts Receivable Analyst role at Travel Counsellors Ltd is a critical position that requires a high level of expertise in managing the sales ledger, ensuring timely payments, and minimizing credit risk.
As a key member of the accounts receivable team, the successful candidate will be responsible for:
- Effectively managing the sales ledger, ensuring payments are collected in line with agreed payment terms, and proactively managing communications with customers and Travel Counsellors.
- Ensuring fraud, credit, or trade compliance risks are controlled according to business specifications.
- Compiling, analysing, and interpreting information for approval of credit facilities or onward recommendation.
- Providing support for key audit activities, e.g. annual credit reviews, mass account deactivations, and master data reviews.
- Supporting the achievement and exceeding of KPI expectations while working within the agreed SLAs by managing and prioritising daily workload to ensure deadlines are met/exceeded for all activities.
- Performing Root Cause Analysis of complex issues to drive process improvement and issue resolution in the end-to-end AR process flow, identifying potential process improvements to increase efficiency.
- Creating Standard Operating Procedures (SOPs) and Work Instructions (WIs) for the team and any outsource provider and educating suppliers, business users, and TCs to aid reduction in exceptions and demand on query management.
- Being the first point of contact to the business, TCs, and third-party providers as a SME (Subject Matter Expert), responding promptly to enquiries raised to ensure timely resolution.
- Building successful business relationships at all levels (particularly in Finance and with TCs) to encourage efficiency and understanding and providing excellent customer relations, written and verbal to suppliers, TCs, and the business.
- Working within Travel Counsellors' internal compliance/guidance rules, legislations, and CARE values and working closely with any outsource service provider to ensure the accurate and timely delivery of services by analysing daily KPIs and escalating, if necessary, to management.
As a valued member of the Travel Counsellors team, you will have access to a range of benefits, including:
- A competitive basic salary + annual company bonus.
- Flexible hybrid working model.
- Career development and promotional opportunities.
- 25 days holidays (increasing to 28 after 5 years of service).
- A Moments That Matter Day (annually).
- Enhanced maternity/paternity pay.
- Holiday buy and sell (up to 5 days per year).
- 3 paid days charity leave.
- Company events, socials, and incentives.
- 3x annual salary death in service benefit.
- Company pension scheme.
- Costco membership.
- Salary sacrifice, company car scheme.
- Cycle to Work Scheme.
- Employee Assistance Programme.
- Free breakfast, fruit, and hot/cold beverages.
- Referral scheme.
- Employee discount.
- Private medical insurance (taxable benefit) or healthcare cash plan (costs incurred by employees).
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Cash Collection Specialist
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Manchester, United Kingdom Travel Counsellors Ltd Full timeThe role of the Cash Collection Specialist at Travel Counsellors Ltd is to work as part of the accounts receivable team to ensure the delivery of a high service level while working within internal compliance and legislation requirements.Based in Manchester, the successful candidate will be experienced in maximising cash collection, minimising credit risk,...
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