Accounts Receivable and Inter-Office Administrator
4 weeks ago
Accounts Receivable and Inter-Office Administrator (9 month FTC)
Base Location: Leeds or Birmingham
The KPMG Business Services function is a cornerstone of our UK business. Operating from 20 UK locations and sitting with KPMG Central Services, we do work that matters.
Within Central Services, we are part of a community of experts across a wide range of critical activities who help grow, run, and protect KPMG in the UK. From HR and Learning, Finance, Procurement, Facilities and Business Support, through to Risk and Legal, Corporate Affairs, and Sales and Marketing, our approach is focused on driving the improved performance of the firm, which we support with diligence and expertise.
KPMG is one of the world's largest and most respected consultancy businesses. We've supported the UK through times of war and peace, prosperity and recession, political and regulatory upheaval. We've proudly stood beside the institutions and businesses which make the UK what it is.
Why Work with KPMG as a Accounts Receivable and Inter-Office Administrator
This role sits within the Operational Excellence Hubs (OEH). OEH is an innovative, agile and collaborative function that provides services to support our client-facing colleagues in the delivery of their work. OEH supports the business through a variety of specialist teams, who work collaboratively to support the business to run smoothly.
The Accounts Receivable and Inter-Office department sits within the wider Credit Management team and is part of OEH Finance. You will be joining a team that provides vital support to the Business, providing high-level administration and support, delivering excellent customer service on a variety of Accounts Receivable and Inter-Office activities, and enabling customers to focus on their core business objectives contributing to KPMG's goal of driving growth through operational excellence.
Key Responsibilities
There is a high degree of responsibility placed on the jobholder to ensure that the correct data is processed onto the system, therefore care and accuracy are of paramount importance in this position. The position carries the responsibility of ensuring that internal controls are routinely performed, and differences resolved. It is extremely important that the duties are performed to the pre-defined timescale, as failure to do so may impact on other areas.
- To prepare and post cash receipts for both LLP and Audit Fees Bank accounts, ensuring accurate allocation and minimal unallocated cash entries.
- To control and reconcile the various USD, Euro and Swiss Franc bank accounts ensuring accurate allocation and minimal unallocated cash entries.
- To be responsible for entering cash payments/refunds, returned cheques, foreign cheques, cash adjustments, small write-offs and other ad-hoc cash receipts.
- To investigate all unallocated cash entries on the day of receipt, to clear all items within the service level agreements set. To use all methods available to correctly allocate or refund the credit entry. This will include daily contact with client's accounts payable departments and correspondence with internal clients at all levels.
- To prepare memos for authorisation for the refund of duplicate payments or over payments.
- To update the unallocated spreadsheet with information pertaining to each credit value outstanding on the SAP system. All comments should be accessible and should be backed up with supporting documentation showing a clear audit trail of the cash receipt.
- To send out the Daily Fees email to all finance contacts and ensure that any responses are dealt with promptly.
- To respond to queries relating to cash received and allocation details ensuring all requests are answered within 24 hours. Queries can come from both internal and external clients.
- To keep the Accounts Receivable Assistant Manager informed at all stages on issues and progress and to work to deadlines given as delegated.
- To support the Accounts Receivable Assistant Manager in administrative duties such as Sub-ledger reconciliation.
- To ensure that there is a clear audit trail within the system which will involve attaching all supporting documentation for all transactions processed individually and by the team.
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Birmingham, Birmingham, United Kingdom KPMG-UnitedKingdom Full timeJob DescriptionAccounts Receivable and Inter-Office AdministratorKey Responsibilities:• Prepare and post cash receipts for both LLP and Audit Fees Bank accounts, ensuring accurate allocation and minimal unallocated cash entries.• Control and reconcile the various USD, Euro and Swiss Franc bank accounts ensuring accurate allocation and minimal unallocated...
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Birmingham, Birmingham, United Kingdom KPMG-UnitedKingdom Full timeJob DescriptionAccounts Receivable and Inter-Office AdministratorThis role sits within the Operational Excellence Hubs (OEH) Finance team, providing vital support to the business. The successful candidate will be responsible for preparing and posting cash receipts, controlling and reconciling bank accounts, and investigating unallocated cash entries. Strong...
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