Transaction Team Member (1 year, Fixed Term Contract)

Itwcp; Glenrothes; On-site; GBP 22,000 - 32,000; Full time

Job summary

An established industry player is seeking a Transaction Team Member for a fixed-term contract. This role involves managing accounts payable and receivable tasks, ensuring timely processing of invoices, and maintaining accurate financial records. The ideal candidate will possess strong interpersonal and communication skills, along with a keen attention to detail and proficiency in Excel. Join a dynamic team where your contributions will support the financial operations of a leading company in the wholesale building materials sector. If you thrive in a fast-paced environment and are eager to learn, this opportunity is perfect for you.

Qualifications

• Experience in accounts payable and receivable is essential.
• Strong Excel skills and attention to detail are required.

Responsibilities

• Manage relationships and resolve invoice queries promptly.
• Process invoices and payments while maintaining accurate records.
• Prepare monthly reconciliations and reports.

Skills

Accounts payable/receivable experience

Interpersonal skills

Communication skills

Excel skills

Attention to detail

Teamwork

Ability to work under pressure

Self-discipline

Continuous improvement focus

Job description

Transaction Team Member (1 year, Fixed Term Contract)

Join to apply for the Transaction Team Member (1 year, Fixed Term Contract) role at ITW Construction Products (UK & Nordics)

Job Description:

To be shared amongst the transactional team.

Responsibilities

Accounts Receivable

• Relationship management of both internal and external stakeholders to ensure invoice queries are dealt with promptly.
• Responding to queries from customers and chasing outstanding payment.
• Monitor regular payment of machine accounts – prepare monthly schedule.
• Prepare new account applications for approval by Transactional Finance Manager.
• Review ongoing credit limits – suggest changes where required.
• Issue monthly statements and weekly payment reminder notices.

Accounts Payable

• Registering invoices daily, matching to purchase order and seeking stakeholder approval.
• Management of all supplier portals to ensure accurate cost capture.
• Statement reconciliation in line with departmental timetable.
• Processing BACS and manual payments when required (multi currency).
• Data maintenance of supplier accounts including the setting up of new supplier accounts.
• Identify and log queries, liaise with suppliers and internal staff to resolve effectively.
• Complete monthly statement reconciliations for the 80 suppliers.
• Follow ITW intercompany process to ensure all invoices processed and paid on time.
• Review old balances on AP or GRNI for correctness.
• Complete inter co reconciliation and prepare monthly netting schedule.

Cashbook

• Checking and verifying bank transactions.
• Daily posting of receipts & payments in line with departmental requirements.
• Prepare weekly and Month end bank reconciliation.

General/Other

• Ensuring there is a clear record of financial transactions (income and expenditure) in accordance with organisational and tax authority requirements.
• Preparing ledger balances, control accounts and statements, reconciling all the figures.
• Identifying and correcting or referring any errors or accounting discrepancies.
• Preparing reports at each month end.
• Providing cost and revenue information in the required formats to the relevant people.
• Delivering reliable administrative accounting support and customer service.
• Perform duties in line with audit requirements.
• Outlook Mailbox maintenance.
• Complete any other ad hoc transactional tasks as required.
• Help support implementation of new ERP system.

Experience/Skills/Attributes

• Accounts payable/receivable experience.
• Great interpersonal and communications skills.
• Self-disciplined.
• Good team working skills.
• The ability to work to tight deadlines and be able to work under pressure.
• Good Excel Skills required.
• Attention to detail/accuracy.
• Forward thinking with a focus on continuous improvement.
• Team player with the ability to act autonomously.

Seniority level

Entry level

Employment type

Full-time

Job function

Accounting/Auditing and Finance

Industries

Wholesale Building Materials