Cash Application Assistant

Oak View Group; Greater London; Hybrid; GBP 30,000 - 34,000; Full time

Benefits offered by this job

Private healthcare

Gym discount

Food and beverage discount

Regular pay reviews

Training and development

Job summary

Oak View Group in London is seeking a Cash Application Specialist to join our finance team. You will post and allocate customer receipts daily, reconcile bank and ledger balances, and maintain accurate unallocated cash records to support confident collection decisions.

Ideal candidates have 1–2 years in cash allocation or AR, strong Excel skills, and a meticulous approach to month-end processes. This hybrid role offers a competitive salary and excellent benefits.

Qualifications

• 1–2 years' experience in cash application, cash allocation, accounts receivable or similar transactional finance role
• Hands-on experience allocating customer payments and chasing down unapplied cash
• Experience preparing or supporting bank and ledger reconciliations
• Solid grasp of bookkeeping, customer ledgers and double-entry accounting
• Good Excel skills — filters, lookups, pivot tables
• Strong accuracy, organisation and written communication
• Comfortable working to daily and month-end deadlines

Responsibilities

• Post customer receipts daily and allocate against customer accounts
• Reconcile daily receipts against bank and ledger records
• Investigate partial payments, overpayments and unidentified receipts
• Maintain a live schedule of outstanding items and assist month-end close
• Support audit queries and maintain SOPs

Skills

Cash application

Cash allocation

Accounts receivable

Excel skills

Written communication

Organised

Education

Tools

NetSuite

Microsoft Dynamics NAV

Job description

Oak View Group is reinventing the way the world comes together.

Driven by a passion to revolutionise the live events industry with dynamic thinking and an unshakeable dedication to those we serve, OVG turns up the volume on what makes life extraordinary.

From inspired development to curated hospitality, from brand innovation to premium for all, OVG is setting new standards and redefining expectations for everyone.

Role Purpose

We're looking for a Cash Application Specialist to join our finance team, keeping customer receipts accurate, up to date, and properly allocated. You'll play a key role in cash allocation, bank reconciliation, and reducing unapplied cash — helping the wider team make confident, well-informed collection decisions.

About The Role

You'll post and allocate customer receipts daily, help reconcile bank and ledger balances, and keep unallocated cash to a minimum. It's a hands-on role for someone who's organised, numerate, and comfortable investigating discrepancies until they're resolved.

What You'll Do

Cash application

• Post customer bank receipts and retail cash/card receipts in NetSuite daily
• Allocate receipts accurately against customer accounts and open invoices
• Investigate partial payments, overpayments, duplicates and unidentified receipts
• Chase remittance advice from customers, working closely with Credit Control and Billing
• Keep unapplied cash and customer credits under regular review, prioritising the oldest and highest-value items
• Keep clear records of open issues and flag anything material to the Cash Application Manager

Reconciliations and month-end

• Reconcile daily retail/sales receipts against bank and ledger records
• Prepare monthly bank-to-ledger reconciliations with supporting evidence
• Investigate and clear reconciling items within agreed deadlines
• Maintain a live schedule of outstanding items (value, age, reason, owner, action)
• Support month-end close and elevate unresolved issues ahead of reporting deadlines

Process improvement

• Spot recurring causes of unallocated cash or reconciliation breaks
• Suggest practical fixes to process and controls
• Help test and roll out automation or system improvements
• Keep SOPs and process documentation up to date

Controls

• Keep audit-ready records of postings, allocations and reconciliations
• Follow company accounting policies and approval controls
• Support audit queries as needed

What you'll bring

Essential

• 1–2 years' experience in cash application, cash allocation, accounts receivable or similar transactional finance role
• Hands-on experience allocating customer payments and chasing down unapplied cash
• Experience preparing or supporting bank and ledger reconciliations
• Solid grasp of bookkeeping, customer ledgers and double-entry accounting
• Good Excel skills — filters, lookups, pivot tables
• Strong accuracy, organisation and written communication
• Comfortable working to daily and month-end deadlines

Nice to have

• NetSuite experience
• Microsoft Dynamics NAV experience, especially researching legacy transactions
• Background in a high-volume, multi-entity, retail or hospitality environment
• Experience reconciling card or payment-provider settlements (Stripe, Worldpay, Amex)

How success is measured

• Receipts posted within agreed daily SLA
• Cash-allocation accuracy and low rework
• Value and age of unapplied/unidentified cash
• Reconciliations completed to month-end deadline
• Number and age of open reconciling items
• Speed and quality of query resolution

Please note, the role is hybrid - 3 days per week at our Central London offices and 2 from home.

Salary range 30-34,000 depending on experience.

Excellent benefits including private healthcare, corporate gym discount, food and beverage discount, regular pay reviews, ongoing training and development and more!

Our Inclusion Commitments

OVG is for everyone. Diversity drives innovation, strengthens our people, improves our service, and raises our excellence.

Wherever you come from, wherever you are going, we’d love to hear from you.

If you need any additional support or adjustments with your application, let us know and we will work with you to ensure you have everything you need.

Employee Screening and Eligibility to Work

As part of the recruitment process, you will be asked to provide evidence of your right to work in the UK.