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Finance Assistant

Job LocationLondon
EducationNot Mentioned
Salary£28,000 - £30,000 per annum, pro-rata
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent, full-time or part-time

Job Description

Our client a well know global fashion brand is looking to recruit a Finance Assistant on a temporary basis (4-6weeks). You will be working with a small and friendly Accounts Receivable team, supporting with credit control, purchase ledger and bank reconciliation.Previous finance experience is essential as you will be required to hit the ground running, although you will be supported by a friendly team.Duties:

  • Responsible for meeting targets in monthly receivables and keeping bad debt to a minimum.
  • To collect cash in a manner that produces the optimum cash flow from customers including payment plans, support accounts, and proforma accounts.
  • To create new client accounts and set them up on the system.
  • Download bank statements to identify customer payments.
  • Entering and allocating cash by reconciliation policy.
  • Run and monitor the aged debt analysis to identify overdue accounts.
  • Chasing overdue accounts by telephone, email, and letter.
  • Negotiate payment plans and settlements with debtors, including fixing terms and conditions.
  • Resolving queries both internally and externally around outstanding invoices.
  • Reconciling customer accounts over the telephone and in writing.
  • Resolving account queries whenever necessary.
  • Resolving debit notes issues.
  • Run monthly Aged Creditor and provide commentary on top 20 overdue.
  • Monitor the level of unallocated items within the ledger.
  • Maintaining accurate records.
  • Work with internal stakeholders to set up new customers on the system.
  • Dealing with internal queries about payments.
  • Issuing of invoices and statements.
  • Develop and implement effective credit control policies and procedures to minimise credit risk and improve collection efficiency TOOLS OF THE TRADE.
  • Proficiency in excel and Word.
  • Proficient in Accounting Systems such as NetSuite.
  • Experience within the fashion retail background is an advantage.
  • Good understanding of the current retail climate.
  • Ability to establish
Pro-rata £30,000Monday - FridayHybrid - working 3 days in the office 2 from home9.5.30pmTottenham Court Road

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