Finance Officer

Magentus Group; Islington; Hybrid; GBP 25,000 - 35,000; Full time

Job summary

Magentus Group is seeking a skilled professional in credit control to manage invoicing and enhance cash receipts. Responsibilities include ensuring timely debt recovery, maintaining accurate records, and optimizing the credit control process. The role offers a hybrid working model and various employee benefits.

Benefits

Hybrid working environment

Enhanced Maternity Leave

Enhanced Paternity Leave

Paid Volunteering days

Life Insurance (4x annual salary)

Private health care (BUPA)

Working from home allowance

Enhanced Sick Pay

Qualifications

• Experience working with credit control.
• Understanding of invoicing processes.
• Ability to build strong trusting relationships.

Responsibilities

• Ensure outstanding debts are followed up timely and escalated as required.
• Prepare and implement an updated credit control process.
• Maintain a database of contacts, payment terms and required processes for all customers.

Skills

Communication

Attention to detail

Team player

Time management

Relationship building

Job description

Magentus products and services have been at the forefront of delivering health technology for more than 30 years, offering deep expertise across clinical systems, health informatics and practice management.

Across pathology, radiology, oncology, maternity, and practice management, we are connecting the health ecosystem and transforming digital healthcare at scale. Driven by our dedicated teams across the globe, our success reflects our passionate commitment to improving healthcare outcomes.

People are at the heart of everything we do at Magentus — we work as one team to create a healthier society.

Short Summary

This role is focused on credit control and invoicing customers of Magentus Software Limited as well as associated entities. This includes maximising cash receipts from customers, raising invoices, speaking to debtors and making sure payments are made in a timely manner. This also requires invoices to be raised promptly, which will in essence mean cash receipts come into the business sooner.

Key Responsibilities of the role:

• Ensure outstanding debts are followed up in a timely manner and escalated as required.
• Ensuring customer invoices and other documents are input to the system accurately and efficiently.
• Prepare and implement an updated credit control process.
• Be able to answer all queries from auditors and any other external parties on invoicing to customers
• Build knowledge of the current payment terms and payment profiles
• Improve the debt collection process to show trends of improvement
• Maintain a database of contacts, payment terms and required processes for all customers
• Allocating payments correctly to outstanding customer accounts.
• Using Dynamics 365 to run and export reports as required.
• Send daily bank statements to the group and maintain the cashflow daily.
• Maintain excellent communication with internal and external members.
• Ad-hoc requests to support the finance team

Experience Required:

• Experience working with credit control.
• Excellent communication skills, both written and verbal.
• Ability to build strong trusting relationships.
• Understanding of invoicing processes.
• Strong attention to detail.
• Great team player with a can-do attitude.
• Able to work independently and focused on the task at hand.
• Strong time management skills and able to manage workload to meet required deadlines.
• Experience working with NHS Finance or organisation with a large customer base.

What’s in it for you:

• Hybrid working environment from London Farringdon – 3 days a week from the Office and 2 from home

Leave:

• 25 days (increases with length of service up to 4 days) plus 8 bank holiday
• Holiday purchase scheme via salary sacrifice
• An extra day annual leave for your birthday
• Enhanced Maternity Leave
• Enhanced Paternity Leave
• Up to two days paid Volunteering days
• Paid time off during the working day to donate blood

Leadership & Development:

• Product Training

Employee Recognition:

• Peer recognitions
• CEO awards
• Length of service awards
• Performance Annual Bonus Programme

Employee Benefits:

• Life Insurance (4x annual salary)
• Private health care (BUPA) plus discounted rates to add your loved ones
• Salary Sacrifice Pension
• Income Protection
• EAP (access to online Healthcare)
• Branded merchandise starter pack
• £250 working from home allowance
• Free Flu Jabs
• Enhanced Sick Pay

Our values say a lot about us:

• One Team
• Make a difference
• We Care
• Trust

People are at the heart of everything we do at Magentus — we work as one team to create a healthier society. We hold monthly communication sessions with the Senior Leadership Team to provide company updates and strategic briefings.

Magentus Software Limited is an equal opportunities employer. We are committed to creating an inclusive and diverse work environment where all employees feel valued and respected.

We do not discriminate based on race, colour, religion, gender, sexual orientation, national origin, age, disability, or any other protected characteristic. We encourage applications from all qualified individuals and believe in fostering a workplace where everyone has the opportunity to thrive and succeed.

We are also a proud member of the Disability Confident Employer Scheme, demonstrating our commitment to supporting disabled individuals in the workplace.

If you require any support or adjustments to interact with us, please let us know.