Accounts Receivable Assistant - Cash Allocation

In2 Consult; Southmoor; Hybrid; GBP 27,000 - 33,000; Full time

Job summary

IN2 Consult is partnering with a market leading business near Didcot to recruit a Cash Allocation Specialist into its Accounts Receivable team. This is a busy, high-volume role at the centre of the order-to-cash process, ensuring receipts are matched, posted and reconciled accurately and on time.

You will work in a hybrid Didcot-based environment, handling cash from BACS, CHAPS, cards and cheques, and collaborating with Credit Control to resolve queries while maintaining strict controls and

Qualifications

• Experience in cash allocation, cash posting or accounts receivable.
• Capable of handling high transaction volumes accurately.
• Strong Excel skills: VLOOKUP, pivot tables.
• Experience with various ERP systems.
• Detail-oriented with a methodical, problem-solving approach.
• Confident communicator with customers and colleagues.
• Able to prioritise daily workload to meet deadlines.
• Desirable: AAT study or interest in studying; shared service centre experience; multi-currency or multi-entity allocation.

Responsibilities

• Allocate daily customer receipts from BACS, CHAPS, card and cheque payments against open invoices on the sales ledger
• Match remittance advices to payments, investigating and resolving unallocated or unidentified cash
• Reconcile customer accounts and clear historic unallocated balances and suspense items
• Post receipts accurately within agreed daily deadlines
• Work with Credit Control to resolve queries, short payments, overpayments and deductions
• Raise and process customer refunds and credit notes in line with approval controls
• Support the daily bank reconciliation and month-end close, including aged debt reporting
• Contact customers and internal teams to get missing remittance information
• Identify process improvements that cut unallocated cash and speed up allocation

Skills

Cash allocation

Accounts receivable

High-volume processing

Attention to detail

Communication

Education

AAT student

Tools

Excel

ERP systems

Job description

Cash Allocation Specialist | Didcot (Hybrid) | Permanent | Up to £30,000

The Opportunity

IN2 Consult is partnering with a market leading business based near Didcot, to recruit a Cash Allocation Specialist into its Accounts Receivable team. This is a busy, high-volume role at the centre of the order-to-cash process. You will make sure customer receipts are matched, posted and reconciled accurately and on time, so the sales ledger always shows a true picture of what the business is owed.

Key Responsibilities

• Allocate daily customer receipts from BACS, CHAPS, card and cheque payments against open invoices on the sales ledger
• Match remittance advices to payments, investigating and resolving unallocated or unidentified cash
• Reconcile customer accounts and clear historic unallocated balances and suspense items
• Post receipts accurately within agreed daily deadlines
• Work with Credit Control to resolve queries, short payments, overpayments and deductions
• Raise and process customer refunds and credit notes in line with approval controls
• Support the daily bank reconciliation and month-end close, including aged debt reporting
• Contact customers and internal teams to get missing remittance information
• Identify process improvements that cut unallocated cash and speed up allocation

About You

• Previous experience in cash allocation, cash posting, sales ledger or accounts receivable
• Comfortable working through high transaction volumes quickly without losing accuracy
• Good working knowledge of Excel (VLOOKUPs, pivot tables, filters)
• Experience with various ERP systems
• Strong attention to detail with a methodical, problem-solving approach
• Confident communicator, by and email, with customers and colleagues
• Able to prioritise a daily workload against firm deadlines

Desirable: AAT studier or interest in studying, shared service centre experience, multi-currency or multi-entity allocation.