Accounts Receivable Manager

London, City of London
£50000 - £60000 per annum + Bonus and Benefits
05 Oct 2018
05 Nov 2018
Mary Cotter
Contract type
Part time

Exciting opportunity for a proactive Accounts Receivable Manager to join the finance team of this well known financial services business based in the City of London.

Client Details

Well known financial services trading company.


This role is responsible for overseeing and controlling the receivables ledger function, ensuring the small accounts receivable team is meeting key performance metrics such as error-free processing and timely settlement of debtors, whilst providing high quality service to internal and external customers. This role is also responsible for developing and improving processes and controls in the function.

Duties will include but not limited to:

Accounts Receivable:

 Manage the accounts receivable process end-to-end and ensure it runs smoothly

 Ensure all invoices and inward payments are processed accurately and paid on a timely basis

 Ensure cheques or cash received are promptly recorded and banked

 Ensure customer queries are dealt with promptly and appropriately

 Review and approval all customer invoices prior to issue

 Review of fee rebate calculations

 Review and approval of new/amended customer standing data

 Review team performance against key performance metrics and develop tools to improve this monitoring

Credit control

 Monitor outstanding debtors and support the Accounts Assistant in chasing aged invoices for payment

 Ensure aged invoices are escalated externally with customers and internally within Finance and the revenue-owner department(s)

 Manage debtors in accordance with the bad debt policy, including:

o Arranging approval of bad debt write offs;

o Reviewing bad debt write off transactions; and

o Maintaining reconciliation of bad debt provision and write off accounts

 Report on status of outstanding debtors on a regular basis (weekly to Head of Reporting; monthly to CFO)

Month-end Close and Reconciliations:

 Lead month-end close activities for the receivables ledger function, ensuring all ledgers are closed and reconciled to timetable

 Review and approve monthly reconciliations of key data including:

o Sub ledgers to general ledger

o Sub ledgers to non-Finance invoicing platforms

o Credit card payments made


Strong senior level Accounts Receivable expertise witha track record of improving processes and systems. Good double entry accounting understanding. Knowledge of ERP systems. Previous supervisory experience a bonus.

Job Offer

Competitive salary and bonus and benefits package.

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