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Accounts Receivable Associate - Beauty (OTC)

Employer
The Hut Group
Location
Brooklands, Sale, United Kingdom
Salary
Competitive Salary
Closing date
Apr 14, 2024

View more

Job Role
Accounts Receivable
Sector
Finance
Contract Type
Permanent
Hours
Full Time


Location:
Manchester, Icon 1, M90 5AA

About Finance at THG

THG Finance is an innovative, rapidly growing team that covers all aspects of finance from central functions to commercial teams. We support the business as it expands and takes on new challenges in the form of acquired businesses or new ventures. Our team members are adaptable, resourceful, and able to drive change to keep pace with the business, without compromising on financial control or sales performance.

About The Role

As an Accounts Receivable Associate, you'll manage divisional Accounts Receivable duties, delivering a world-class service to our customer base and internal stakeholders. Reporting to the Senior OTC Associate, you'll use a right-first-time approach to maximize cash and minimize risk by delivering an efficient billing process while managing our accounting procedures in line with company policy. You'll act as a subject matter expert, ensuring customer billing processes are executed in line with Group procedures and internal and external audit requirements.



Responsibilities:

  • Post cash and allocate it
  • Reconcile bank statements and balance sheets
  • Process customer invoices and credit notes according to HMRC VAT regulations and company guidelines
  • Reconcile daily invoicing reports
  • Process monthly write-offs and upload and manage customer portal portfolios
  • Reconcile portal status to the aged debt report
  • Liaise with relevant sales departments on document information controls
  • Produce weekly performance reports for your division(s)
  • Work alongside your credit control counterpart to deliver a world-class service to our customer base
  • Hold weekly/monthly meetings with divisional financial controllers
  • Process account adjustments, cash moves, and contras according to company guidelines
  • Effectively deliver month-end close on Working Day 1
  • Proactively manage customer queries and efficiently manage department mailboxes
  • Develop and maintain excellent working relationships with external customers, internal stakeholders, and wider finance teams
  • Support audit requests at any given time
  • Complete ad hoc duties as required

Process Management and Improvement:
  • Identify and propose continuous improvement initiatives in liaison with the Senior OTC Associate
  • Effectively manage key stakeholder and customer expectations

Requirements:
  • Degree qualified in relevant subject or equivalent experience within finance/accounting
  • Fluent in English verbal and written communication
  • Good knowledge and understanding of accounts receivable processes
  • Experience of processing a high volume of invoices/credits in multiple currencies
  • Good knowledge and understanding of VAT requirements
  • Solid working knowledge of Microsoft Word, ACCESS, Outlook, and Excel (understanding V-Lookup, Pivot, and Functions as a basic requirement for the role)
  • Knowledge of SAGE X3 advantageous
  • Track record of high performing standards and hitting deadlines consistently

Benefits:
  • Competitive salary
  • Wellbeing - Company on-site doctor, physio, hairdresser, free on-site gym, employee assistance program (EAP).
  • 25 days holiday + Birthday off + Bank Holidays
  • Company Pension Scheme
  • Staff Discounts (All THG Brands) + Discounted Staff Shop on-site
  • Hotel Discounts (We own King Street Hotel - King St has a new spa as well)
  • Hale Country Club Discounts (Spa/Gym/Restaurant)
  • Enhanced parenthood pay after 1 year service
  • Discretionary Company Bonus Scheme
  • In-house L&D function who can deliver internal sessions as well as support with external courses/certifications/apprenticeships/upskilling
  • You will have access to use our Tech scheme and Cycle scheme, which is a new salary sacrifice scheme to allow UK employees to purchase from Cycle scheme retailers, and technology from Curry's PC World - through monthly instalments.

THG is proud to be a Disability Confident Committed employer. If you are invited to interview, please let us know if there are any reasonable adjustments we can make to the recruitment process that will enable you to perform to the best of your ability.

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