Accounts Receivable Lead

FT Recruitment Group; Aberdeen City; On-site; GBP 40,000 - 55,000; Full time

Job summary

A recruitment agency is seeking an experienced Accounts Receivable Lead in Aberdeen City. The successful candidate will manage a team to improve AR processes and ensure financial performance. Key responsibilities include overseeing invoicing, monitoring payments, and enhancing cash flow management. Experience in similar roles and team management skills are essential. This position offers an exciting opportunity to contribute to a global business.

Qualifications

• Experience in a similar role managing accounts receivable teams.
• Proven track record of improving processes within a global business.

Responsibilities

• Lead a team of AR and Invoicing Assistants.
• Oversee timely and accurate invoice submission.
• Monitor outstanding payments to maximize cash flow.
• Continuously improve internal processes.

Skills

Team management

Financial analysis

Commercial awareness

Process improvement

Job description

Overview

FTRG are working with a private equity-backed business who are looking to recruit an Accounts Receivable specialist into the role of Accounts Receivable Lead. The Accounts Receivable Lead is responsible for leading a team of AR and Invoicing Assistants to reduce the company's sales accruals and aged debt, which directly affects the business's cash flow. The successful candidate will also be tasked with improving and revamping the current Accounts receivable processes and procedures.

Key duties / Responsibilities

• Lead meetings and prepare concise briefs outlining key risks, deliverables, payment terms, and opportunities, while ensuring adherence to internal project management standards.
• Support project managers and engineers in understanding and meeting their financial and commercial obligations.
• Oversee timely and accurate invoice submission and collaborate with teams to manage sales accruals and improve financial performance.
• Monitor outstanding payments, address commercial issues proactively, and work to maximise cash flow.
• Review contractual documents to ensure alignment with agreed scope and payment terms.
• Produce clear and accurate cost reports for both internal and external stakeholders, facilitating regular financial reviews with project leads.
• Track and analyse job margins against contractual expectations, reporting any variances to the appropriate managers.
• Continuously improve internal processes, monitor project spend against purchase orders, ensure accurate revenue tracking, and maintain up-to-date reporting on KPIs, incentives, and rebates.

Qualifications / Experience

The candidate should have experience working within a similar role, whilst having a proven track record of managing teams and improving processes and procedures within a global business.

Get in touch to discuss this exciting role.