Have experience in maintaining company finances and have exceptional attention to detail? You may be just what they're looking for to act as their company bookkeeper and credit controller.
This company has a fantastic opportunity for an experienced Bookkeeper & Credit Controller to join a contemporary womenswear label based at their Manchester head office.
They're looking for a skilled bookkeeper to help maintain their financial records (including purchases, sales, receipts and payments), manage invoicing and payment collection, co-ordinate payroll with their accountant, and look after invoice discounting.
What’s the role all about?
You will be reporting directly to the company Director assisting in the management of over 1,000 customers internationally as well as liaising with an external accountant.
What will my responsibilities be?
Bookkeeping
- Processing of accounting records for clients on modern accounting systems
- Reconciling bank statements within Xero accounting package
- Preparation of VAT returns
- Handling all customer-facing invoicing: raising invoices, reconciling invoices, ensuring payment is made on time
- Handling accounts payable ensuring invoices for suppliers are paid on time
- Managing profit & loss statements & balance sheets for the company
- Co-ordinating with their payroll company for any payroll changes (employee change of status, salary adjustments, benefit changes)
- Creating and monitoring weekly, monthly, annual cash flow forecasts
- Controlling costs and monitoring budgets in-line with the financial forecast
Credit Control
- End to end credit control
- Entering and allocating bank receipts to customer accounts
- Proactive checking & chasing of invoices, resolving customer enquiries and complaints
- Responding to incoming client queries by phone, email & letter
- Actively collecting overdue balances
- Improve the timely collection of debt
- Managing Direct Debit statuses
- Dealing with client refunds
- Ensuring invoicing is correct & raise credit notes if required
- Working with their retentions team & managing clients’ off boarding process
- Ad-hoc tasks to support the rest of the finance team
- Achievement of the monthly targets
Invoice Discounting
- Investigate MER differences and input reserves as appropriate, including ageing contras and general reserves.
- Sign off MER’s and escalate to appropriate Relationship Manager for approval in a timely manner. Escalate matters of risk concern to appropriate Relationship Manager and Assistant Relationship Manager
- Monitor Credit Limits and Revolving Debt Turn
- Prepare Client payments in line with authority limits.
What skills do I need to have?
- Excellent knowledge of Xero software
- Strong working experience in Credit Control role is essential
- Ability to effectively process and manage a large number of debts with a range of clients
- A good communicator
- A team player who is enthusiastic with a positive can-do attitude, empathy and a drive to succeed
- AAT Level 3 (or equivalent) qualified