Cash Allocation Administrator - London, United Kingdom - Antal International

Antal International

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

My Park Royal client are recruiting for a Cash Allocation Administrator, to support their growing team.

This is a Temp to Perm position paying £28-30K

Must have experience
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Purpose of the Job:

Responsible for Cash Allocations for
USA regions:
New York/ Los Angeles/ Miami and Chicago
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Work alongside and assist UK/Europe Cash Allocation Supervisor with any queries (cover in absence)
***- Cheques (will be scanned/banked in USA)

Recurring Credit/Debit Cards
ACH/BACS Transfer

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Assist UK/Europe Cash Allocation Supervisor with any Group queries
***-
Allocation period 24 hours from date of arrival in Bank:

Daily Tasks*
Download Bank Statement for all USA regions
Allocate/update system with scanned cheques cleared in Bank from the previous day.
Download Card Virtual Payment Report )
Download Customer Weblink Payment Report (Orbital Gateway)
Enter receipting details on Excel Spreadsheet separating into the region they represent
Reconcile receipts to ensure they match total in Bank
Ensure Cash Book is reconciled (daily)
Add any new recurring card paying customers to Orbital Gateway online portal and update payment type on the client record to match
Assist US Credit Controllers to Process monthly recurring Card Payments
Investigate and follow up Checks deposited with no remit details, client must be contacted and payment allocation information obtained, so allocation can be completed within allocation period.
Activate client record status from 'new' status once Advance Payment is received
Respond to receipting enquiries received from internal staff and external clients.
Ensure Unidentified receipts requiring investigation are followed up quickly and thoroughly to prevent cash receipt build up and to ensure client records are updated within the 24 hour allocation period.
Assist and support US Credit Controllers to resolve receipting queries
Source and identify long term credit balances

Monthly Tasks

Assist UK Controller with adding new Direct Debit Mandates and processing at end of month
Process recurring card payments
Update Monthly Cash report in Power BI to show receipt breakdown of payment types receipted into the business, within the month
All Check Receipting to be completed in time to respect the Month End close.
Update client record with correct collection status and controller
Auction House monthly reconciliation
Other Ad hoc duties as advised by Group Credit Control Manager

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Knowledge, Skills and Experience

Previous knowledge of a computerised accounting system
Experienced in Sales Ledger
Must possess
Advanced Excel skills
Good working knowledge of Word
Excellent customer service skills
Broad aspect of Cash Allocation is
mandatory:
Must be assertive and proactive

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Main Accountabilities and How These Are Achieved

Must be able to work unsupervised.
Must possess high attention to detail
Prompt accurate and up to date client records to be readily available.
Must be able to prioritise workload to achieve no daily overlaps of cash by using initiative to ensure all receipts are posted the individual client records by
Ensure end of day bank reconciliation

Parkside Recruitment Ltd is acting as an Employment Business in relation to this vacancy. Parkside Recruitment is an Equal Opportunities Employer.