Junior Analyst/AR Associate recruitment
Excellent opportunity for someone to join our clients expanding team in the role of Junior Accountant
Providing support to department activities with specific responsibility for the processing, recording, updating and reconciling fiscal information in compliance with established policies you will give accounting support to other personnel; and analyse expenditures against budget.
Essential Functions:
- Assure compliance with company policies and procedures and to minimize credit risk to business while optimizing the cash collections to reduce Days Sales Outstanding (DSO)
- Compiles a wide variety of financial information related to work assignments for the purpose of providing required documentation and/or processing information.
- Informs other staff regarding procedural requirements for the purpose of facilitating financial compliance within established practices.
- Maintains a wide variety of financial information, files and records for the purpose of ensuring the availability of documentation and compliance with established policies and regulatory guidelines.
- Reconciles a wide variety of financial data for the purpose of maintaining accurate account balances and ensuring compliance with established accounting practices.
- Researches discrepancies of financial information and/or documentation for the purpose of ensuring the accuracy and adhering to established procedures prior to processing.
- Responds to inquiries from a wide variety of sources for the purpose of facilitating communication and/or providing guidance among several parties; and providing information and/or referral for addressing inquiry.
- Reviews financial information for the purpose of identifying potential budget variances, compiling statistical information and conforming to established financial practices and regulatory requirements.
- Setting partners/customers up in PeopleSoft, new cash deposit and line of credit accounts, evaluating credit limit for site, running credit checks and submitting credit limit for approval.
- Chasing payment of overdue invoices and providing cash collection projections to the accounting team.
- Coding incoming payments, allocating invoices with deposits; in case of discrepancies, contacting customer with request for copy remittance or request for additional payment.
- Providing customers with accurate statements and site settlement reports on time.
- Confirming outstanding balances with customer, if necessary reconciling the accounts to resolve disputes rapidly.
- Dealing with customer queries – liaising with customer care and vouchers team, if necessary, requesting accounting team to issue credit notes.
- Regular communication with Territory Operations Managers (TOMs) and Vouchers Team, providing support and guidelines on financial issues on an Ad hoc analysis as requested.
This role will suit someone with good AR experience but also strong Excel knowledge and familiar with pulling reports and ad hoc financial analysis work.
Requirements/Competencies
- Minimum 2- 3 year’s experience in an accounts role.
- Strong knowledge of Microsoft Office suite is essential
- Must have excellent Excel ( this is essential)
Personal attributes:
- Motivated: someone who can work on his/her own with limited supervision and is prepared to take responsibility for ensuring that tasks are completed on time.
- Resilient: The candidate will be responsible for ensuring that information is submitted within deadlines and this will require them to chase responses from colleagues across the firm.
- Communication: The candidate must be credible across all levels within the organisation.
- Technical: must have a general understating of credit control and accounts payable rules/concepts.
- Teamwork: must be prepared to undertake ad-hoc duties as when required in order to facilitate smooth running of department.
- IT Literate: must have a good sound knowledge of Microsoft Office package