Accounts Receivable Assistant
Location: Watford – Office based
Salary: £30,000 – £32,500 per annum (DOE)
Join a well-established Group Company with strong commitment to operational excellence. This is an exciting opportunity to develop your accounting career within a supportive and dynamic finance team. We are seeking a motivated and detail-oriented Accounts Receivable Assistant to support our Credit Control operations. This role is ideal for someone currently studying AAT, a finance-related degree, or CICM, who is eager to take on responsibility and grow their career within a large, reputable organisation.
You’ll play a key part in helping manage customer accounts, ensuring timely payments, and maintaining the financial health of the business.
Key Responsibilities:
Account Management
*Maintain accurate and up-to-date records of customer accounts, including outstanding invoices and payment terms.
*Review customer credit limits and payment history.
*Assist in setting up new customer accounts and updating existing records.
Invoice Processing
*Process and issue invoices accurately and promptly.
*Follow up on outstanding invoices and liaise with customers to secure timely payments.
Payment Reconciliation
*Reconcile incoming payments with outstanding invoices.
*Investigate and resolve payment discrepancies.
Debt Recovery
*Assist in the collection of overdue accounts.
*Contact customers regarding outstanding balances and payment arrangements.
*Escalate unresolved issues to senior credit control staff when necessary.
Reporting & Analysis
*Prepare reports on outstanding debt, aged receivables, and other credit control metrics.
*Analyse data to spot trends and identify areas for improvement.
Additional Duties
*Support the credit control team with ad-hoc administrative and financial tasks.
*Stay informed about industry standards, regulations, and best practices.
*Be flexible with responsibilities as business needs evolve.