Credit Control Cash Allocation Assistant

2 weeks ago


Darlington, United Kingdom Redde Northgate plc Full time

**Credit Control Cash Allocation Assistant**

**Darlington**

ReddeNorthgate was formed in early 2020 following a successful merger and is the UK's foremost integrated mobility solutions provider. It is an exciting time for us and as a rapidly evolving business,

we are now seeking to expand the Finance team with ambitious, driven individuals who have previous Credit Control experience and an interest in a future in finance.

The objective of the Cash Allocation Assistant is to ensure receipts and payments are correctly posted and allocated and to control and reconcile bank accounts.

**The role of Credit Control Cash Allocation Assistant will involve;**
- Ensuring correct cash allocation procedures and processes are in place
- Ensure that cheques and credits received are posted to the correct ledgers and codes in a timely manner.
- Ensure that credits are allocated on the Debtors ledger in a timely manner (including any banked at remote locations and credit card receipts)
- Escalation of unapplied funds to the Invoice to Cash Manager and Credit Control Team Leaders on a daily/weekly basis
- Liaise with Credit Control Team to ensure that the credits are allocated in accordance with the customer’s remittance advice.
- Ensure that bounced cheques and failed DD are properly recorded in a timely manner
- Ensure that cheques received are banked in a timely manner.
- Providing reporting data to the Head of Transaction Services and I2C Manager
- Assist in other areas as required including filing, archiving and other general administrative duties associated with the Credit Control team
- Performance against individual, team and departmental Service Level Agreements (SLA) and other targets.

**To excel as a Credit Control Cash Allocation Assistant you will need;**
- Understanding of cash and banking processes
- Ability to meet deadlines without compromising accuracy.
- Computer literate
- Team player, able to work independently and with others to achieve common goals and targets
- Minimum of 5 good (Grade C or above) GCSE or equivalent, including Maths and English
- Experience of working with ERP system preferred (e.g. Microsoft Dynamix AX)

On top of our great salary up to £21,500, we have a wide range of benefits available to you including:
**Lifestyle & Wellbeing Benefits** - A flexible approach to helping you find a great work/life balance with a mix of office and home working, 22 days annual leave, eye care vouchers, Flexible Gym Memberships, a cycle to work scheme, a 24/7 EmployeeAssistance Programme with an NHS Approved mental well-being mobile app.

**There are some great Financial Benefits** too including a workplace pension, access to an exclusive employee vehicle-leasing scheme, save-as-you-earn scheme, free life assurance and a range of national and local retailer discounts.

**Be part of our future**

If you would love to join our team as Credit Control Cash Allocation Assistant, we encourage you to find out more.


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