Accounts Receivable Associate

Accounts Receivable Associate

Job Description

  • Full Time
  • London, UK
  • £28,000/yr - £30,000/yr UK / Year

Join our dynamic finance team with our Procurement Leaders brand at World 50 Group!

We’re looking for a proactive individual with a positive can do attitude who can work both collaboratively and independently in a dynamic and innovative environment. Joining as an Accounts Receivable Associate in our London office, you will will possess flexibility and adaptability.

Procurement Leaders | A World 50 Community

Procurement Leaders™ is the world’s largest and most valued procurement network and intelligence platform. Powered by a syndicated member and sponsor community of 750+ leading global companies, Procurement Leaders inspires 33,000+ senior leaders to make faster, more informed decisions and follow proven paths to success. Through next-practice insights, practical tools, expert guidance and industry connections, Procurement Leaders accelerates the transformation journey to greater value creation and procurement excellence.

Key Responsibilities

As an Accounts Receivable Associate, you’ll be at the heart of financial innovation, playing a pivotal role in our journey to greater value creation and your day to day responsibilities will reflect the dynamic and impactful nature of our environment:

  • Processing accounting receivables and incoming payments in compliance with financial policies and procedures
  • Taking credit card payments from customers, raising the necessary sales receipts and sending out to customers
  • Performing day to day financial transactions, including verifying, classifying, computing, posting and recording accounts receivables’ data
  • Identify slow-paying customers and managing debt collection processes, flagging bad debt concerns proactively and finding solutions for resolutions
  • Strengthening and growing relationships with clients by communicating with customers regarding past-due accounts
  • Generating Sales Invoices on a timely basis within set deadlines and in line with signed contracts
  • Managing delivery of customers’ Purchase Orders if and when required
  • Carrying out Worldpay and PayPal reconciliation monthly
  • Assisting in streamlining and improving the accounts receivable process identifying areas of performance improvement
  • Assisting with preparation of month end revenue schedules, including Sales Ledger reconciliation of Salesforce to Quickbooks, accrued and deferred income calculation
  • Preparing of Debtor reports by function / individual
  • Preparing of Month End analysis of membership and sales data
  • Calculating monthly bad debt provision (if required) together with detailed commentary of activities
  • Supporting Finance Manager and Group Financial Controller in audit preparation and during onsite audit.
  • Supporting overall finance team objectives, covering staff in absence and ensuring high level of internal and external customer satisfaction.

Key Attributes, Skills and Experience

  • Understanding basic principles of finance, accounting, and bookkeeping
  • High degree of accuracy and attention to detail
  • Proficiency with Microsoft Office (Excel, Word, Outlook) and Google drive
  • Ability to keep company and partner confidences
  • Proficient at Quickbooks Online plus one of commonly used accounting ERP systems, such as Oracle, SAP, NetSuite etc.
  • Prior experience in accounts payable (or accounts receivable) is desirable
  • Experience in driving process improvement
  • A strong desire to learn and develop skills
  • Whilst no formal higher education is required, a qualification at college or University in a business subject is desirable but not essential.

What you can look forward to working at World 50 Group:

  • Hybrid Working
  • Unlimited holiday roll over
  • MediCash Health Plan
  • Vitality Essentials
  • Associate Stock Appreciation Program – accrue stock in the company from the day you join automatically.
  • Volunteer Time Off
  • Family Friendly Leave
  • Season Ticket Loan
  • Employee Assistance Programme
  • Financial Wellness Advice
  • Employee of the Month Awards and win a space on our Elite Club with the winners for the year.
  • Plus more!

Employer-provided

Pay range in London

Exact compensation may vary based on skills, experience, and location.

Base salary

£28,000/yr – £30,000/yr

Apply Now