Run credit checks on new customers, assess credit risk and keep records to backup the credit limits offered over time to customers
Maintain communication with sales teams to ensure that any credit issues are identified early in the sales process
Liaise with project teams to identify any projects which may cause collection problems prior to contacting the customer
Liaise with the shipping team to ensure early identification/resolution of credit issues for goods nearing completion in production, so that shipping can plan ahead.
Send out statements for all the Accounts Receivable accounts in each month.
Provide projections for cash receipts.
Provide management with an analysis of overdue debts and actions taken to secure the recovery.
Control the intercompany confirmations from partners and set up the intercompany agreed amounts for the intercompany receivables each month end in accordance with the month end reporting timetable
Maintain contact with customers to ensure queries /issues are dealt with immediately to prevent delays in the receipt of payments.
Chase all customers to ensure the AR ledger stays current (goal to have nothing older than 1 month overdue)
Maintain and check the sister company control accounts to ensure transactions are processed equally in the ledgers
Creating and posting GL journals to the ERP system
As necessary assist with the recharges required to be processed to sister companies
Reed Specialist Recruitment Limited is an employment agency and employment business
Bank or payment details should not be provided when applying for a job. reed.co.uk is not responsible for any external website content. All applications should be made via the 'Apply now' button.Report this job