Cash Accountant

Our client has been established for over 40 years and has become the largest and leading UK distributor of promotional workwear and leisure clothing. With a head office in North Wales and operations across Europe, the business offers a diverse range of products and operates within a fast-growing industry. Now employing over 500 staff and a turnover of £168m.

Due to further growth they have created a new role for an experienced Cash Accountant to work closely with the Credit Manager.

Main objectives:-

To line-manage the Credit Management Administration Team of 3 direct reports; maintain efficient daily routines working within the Credit Management Department’s processes and policies. Analyse and report on the sales ledger & liquidity. Support process improvements to enhance liquidity and Credit Management Department’s efficiency. To assist the Credit Manager in data and process decisions for the business . Building strong relationships both internally and externally to ensure great customer service to our customer database. Improving the customer accounts’ finance process , identifying areas of risk & assisting to grow the business.

Key duties:

• Responsibility for the daily management of the Credit Management Administration Section of the Department leading 3 direct reports.
• Management of day to day cash and banks, & customer account administration incl. reporting.
• Process and reconcile incoming customer payments, ensuring accurate allocation to accounts.
• Monitor cash flow related to customer transactions and report discrepancies.
• Work closely with the Finance Team to ensure timely banking and recording of cash receipts.
• Investigate and resolve payment discrepancies or unallocated funds.
• Handle customer queries related to payments, credit terms, and account statements.
• Support the Credit Manager with offering credit facilities
• Financial Statement Interpretation for effective decision making
• Facilitate a high level of cashflow and minimize levels of overdue debt in line with set policies & targets
• Assist with month-end and year-end closing processes by providing accurate financial data
• Assist in Completion of Monthly Board Statistics and Monthly/Weekly Management Reporting
• Assist in Completion of Departments year end audit pack
• Calculation & reduction of Debtor Days

Core Competencies, Certifications, Knowledge & Skills :

AAT Level 4 preferable

• 3+ years of experience in accounts receivable, credit control, or cash management
• Strong knowledge of cash management, credit control, and accounts receivable.
• Financial Statement and Risk Interpretation
• Understanding of financial regulations and credit risk management
• Understanding of UK & Export VAT rules
• Excellent analytical and problem-solving skills
• Monthly/Weekly management reporting
• Year End Audit

Salary £36k + £4k Bonus