Accounts Receivable Clerk

Michael Page; City Of London; On-site; GBP 30,000 - 33,000; Full time

Job summary

A recruitment agency is seeking an experienced Accounts Receivable Clerk to manage day-to-day operations in London. This role offers a competitive salary of £30,000 to £33,000 per annum, with a hybrid working model of 4 days a week. The ideal candidate will have a strong background in accounts receivable, attention to detail, and proficiency in financial software and Excel. Join a committed team for a chance to advance your career in the Retail industry.

Benefits

Competitive salary

23 days of annual leave, plus bank holidays

Opportunities for career development

Pension schemes

Employee discounts

Qualifications

• Previous experience in accounts receivable or a similar role within the Retail industry.
• Solid understanding of accounting principles and practices.
• Proficiency in financial software and Microsoft Excel.
• Strong attention to detail and accuracy in data processing.
• Ability to communicate effectively with stakeholders.
• Problem-solving skills to address account discrepancies efficiently.

Responsibilities

• Own day-to-day AR operations including billing, cash posting, and credit control.
• Raise and send daily sales invoices and resolve errors quickly.
• Liaise with customers and the Sales team to clear unpaid invoices.
• Provide ad-hoc assistance on account queries and create invoices/credit notes.
• Post bank transactions, allocating cash to customer accounts.
• Prepare schedules and reports to support management accounts.
• Calculate monthly royalties and prepare quarterly statements.
• Maintain data sheets and ensure accuracy.
• Pick up ad-hoc duties as they arise.

Skills

Experience in accounts receivable

Understanding of accounting principles

Proficiency in financial software

Microsoft Excel

Attention to detail

Effective communication

Problem-solving skills

Job description

• Accounts Receivable
• Permanent position

About Our Client

This role is with a medium-sized organisation in the Retail sector, known for its structured approach to accounting and finance operations. The company offers a professional environment with a focus on efficiency and accuracy in financial processes.

Location: St Pauls, London

Job Description

1. Accounts Receivable Clerk: Role summary: You'll own day-to-day AR operations — billing, cash posting, credit control, royalties, and month-end schedules — partnering closely with Sales and Operations to keep collections tight and records immaculate.
2. Daily invoicing: Raise and send sales invoices every day, resolving errors quickly and communicating issues to Operations and Sales in a timely manner.
3. Credit control: Liaise with customers and the Sales team to clear unpaid invoices.
4. Sales support & deductions: Provide ad-hoc assistance on account queries and create invoices/credit notes as needed. Track debit notes and ensure any costs are recharged to relevant third parties.
5. Bank posting: Post bank transactions, allocating cash to customer accounts with supporting remittances.
6. E-commerce posting: Import and post e-commerce sales, reconcile settlements and fees, and resolve variances.
7. Month-end support: Prepare schedules and reports to support management accounts.
8. Royalties: Calculate monthly royalties and prepare quarterly statements for Inventors; coordinate approvals and payments and maintain royalty trackers.
9. Power BI: Own data sheets, ensuring they are up to date and accurate.
10. Ad-hoc duties: Pick up duties as they arise, including AP invoice processing cover when team members are away.

The Successful Applicant

A successful Accounts Receivable Clerk should have:

• Previous experience in accounts receivable or a similar role within the Retail industry.
• A solid understanding of accounting principles and practices.
• Proficiency in financial software and Microsoft Excel.
• Strong attention to detail and accuracy in data processing.
• The ability to communicate effectively with internal and external stakeholders.
• Problem-solving skills to address account discrepancies efficiently.

What's on Offer

• A competitive salary range of £30,000 to £33,000 per annum.
• Only working 4 days a week but full-time employment of 5 days.
• Hybrid (Monday working from home, Tuesday to Thursday in the office, and off Fridays).
• 23 days of annual leave, plus bank holidays.
• An engaging and professional work environment in London.
• Opportunities for career development within the Accounting & Finance team.
• Access to company benefits such as pension schemes and employee discounts.

If you are an Accounts Receivable Clerk looking to advance your career in the Retail industry, this could be the perfect opportunity. Apply today to join a committed and professional team in London!