Background

260 Brands is inviting applications from talented and results-driven professionals to join its Commercial Team.

Job purpose

The Accounts Assistant – Receivable plays a vital role in supporting the accounts receivable team by managing incoming payments, maintaining accurate financial records, and ensuring timely collection from customers. Reporting to the Finance Manager, the incumbent is responsible for facilitating the smooth operation of the company’s revenue cycle by overseeing invoicing, processing payments, and reconciling accounts, all while fostering strong relationships with clients.

Key Qualifications & Requirements

Education:

• A degree in accounting, finance, or a related field is typically preferred, though relevant work experience may also be considered.
• Experience in an Accounts Receivable role or a similar finance position is usually required, typically ranging from 1-3 years. Familiarity with financial regulations and compliance standards related to AR processes is a plus.

Technical Skills:

• Proficiency in accounting software SAP.
• Strong knowledge of Microsoft Excel for data analysis and reporting.
• Basic understanding of accounting principles and AR processes.

Attention to Detail:

• Strong focus on accuracy when posting payments and handling financial records.

Problem-Solving Skills:

• Ability to investigate and resolve discrepancies in payments, invoices, and customer accounts.

Communication Skills:

• Ability to communicate clearly and professionally with customers, vendors, and internal teams.
• Ability to negotiate or facilitate payment arrangements when necessary.

Time Management:

• Ability to prioritize tasks, manage deadlines, and handle multiple accounts simultaneously.

• Record and post all incoming customer payments accurately into the accounting system.
• Ensure that payments are allocated to the correct customer accounts and invoices.
• Identify and resolve discrepancies between payments and invoices.
• Reconcile AR accounts on a regular basis to ensure that all transactions are recorded correctly.
• Identify and resolve any discrepancies between accounts and general ledger balances.
• Prepare and review AR aging reports to monitor overdue payments.
• Track customer payment trends and escalate issues to management when necessary.
• Communicate with customers regarding their payment status and resolve issues related to outstanding balances.
• Provide detailed payment history and documentation to customers upon request.
• Assist in processing customer refunds and adjustments as required.
• Generate AR-related reports for internal and external stakeholders, including aging reports, cash receipts, and account reconciliations.
• Maintain accurate documentation and records related to customer payments and transactions.
• Follow up on overdue accounts and assist with collection efforts.
• Coordinate with the collections team to escalate overdue accounts as needed.

• Proficiency in accounting software SAP.
• Strong knowledge of Microsoft Excel for data analysis and reporting.
• Basic understanding of accounting principles and AR processes.
• Attention to Detail
• Problem-Solving Skills
• Communication Skills
• Time Management

• A degree in accounting, finance, or a related field is typically preferred, though relevant work experience may also be considered.
• Experience in an Accounts Receivable role or a similar finance position is usually required, typically ranging from 1-3 years.
• Familiarity with financial regulations and compliance standards related to AR processes is a plus.