Job Description

Company

Palletower is an independent, owner managed business that has a long established reputation as the UK's premier manufacturer and supplier of storage, handling and distribution equipment operating on a global platform. Based at headquarters in Sale, Cheshire and with an office and sub contract manufacturing plants in China and approximately 50 staff, the business has the ability to offer an unsurpassed product range of from stock or for direct delivery to anywhere in the world. The customer base ranges from the major retailers through to owner managed businesses. It also has a wide network of distributors and re-sellers.

Role

Working within the finance function as part of a team of 5, reporting to the Management Accountant, the Accounts Receivable Assistant has a standalone responsibility to proactively manage the Accounts Receivable function, to ensure prompt payment from customers to minimize bad debt and to comply with bank regulations as per Palletower's credit agreements.

Key Tasks

Daily allocating cash receipts in a timely manner, across a number of bank accounts and debtors ledgers, including multiple currency ledgers Posting of prepayment invoices and cash receipts of proforma payments, liaising with the sales order processing team to ensure orders are released as quickly as possible Transferring receipts and posting journals where payment has been received in to wrong bank account, as well as clearly communicating with the customer to rectify going forwards Daily notification of invoicing to bank Actively chasing payment payment for aged debt according to company policy, and as directed by the Finance Director Using Excel to produce a debtors report and to manipulate sales ledger data to produce own priortised debt chasing schedule along with detailed notes on progress to update management Periodically sending out statements and reminder letters in a timely fashion Dealing with sales ledger related queries quickly and efficiently Updating PO references, sending copy invoices and proofs of delivery as required Liaising with internal contacts including sales directors to resolve customer disputes/ account issues Building relationships with customers and understanding specific needs of customer accounts Managing the Accounts Receivable mailbox, dealing with queries and updating customer contact cards when undelivered emails appear Production of weekly/monthly excel based reports and KPIs to deadline for presentation to the Management Accountant Completing month end sales ledger reconciliations and reporting to the bank in compliance with bank policies Working with the Management Accountant to continually develop and improve credit control procedures and policy Producing 'move to legal' recommendations to the sales directors, and completion of follow up paperwork to the bank Liaising with and reporting to the bank as per a strict compliance agreement Raising ad-hoc credit memos and invoices where required Audit contact for sales ledger related queries Helping providing holiday cover for other team members

Required Experience

Experience of all aspects of Sales Ledger maintenance and administration Experience of performing month end reconciliations using excel Experience of Invoice Discounting and working across multiple ledgers Experience of Microsoft Dynamics NAV an advantage but not essential Preferred understanding of basic double entry bookkeeping and other accounts functions such as accounts payable

Required Skills

Strong Excel skills, able to manipulate large amounts of data using formulas, lookups, pivot tables and conditional formatting Understanding the importance of how the credit control function impacts on the company cash flow, customer relationships and future sales. Excellent organizational skills, able to manage and prioritise workload and use self-motivation to proactively manage workload Excellent communication skills and be able to liaise with stakeholders at all levels over all communication channels including on email, on the phone and in person plus understanding and using the most appropriate communication method Team player who is able to quickly establish relationships with internal and external stakeholders Proactive approach to resolving queries and obstacles Enjoys a challenge and is willing to learn other areas of the finance function if required
Job Types: Full-time, Permanent

Pay: Up to 28,000.00 per year

Additional pay:

Yearly bonus
Benefits:

Company pension Free parking On-site parking
Schedule:

Monday to Friday
Work Location: In person