Accounts Receivable and Cash Manager
Description
Do you want to work to make Power for Good?
We're the world's largest independent renewable energy company. We're guided by a simple yet powerful vision: to create a future where everyone has access to affordable, zero carbon energy.
We know that achieving our ambitions would be impossible without our people. Because we're tackling some of the world's toughest problems, we need the very best people to help us. They're our most important asset so that's why we continually invest in them.
RES is a family with a diverse workforce, and we are dedicated to the personal professional growth of our people, no matter what stage of their career they're at. We can promise you rewarding work which makes a real impact, the chance to learn from inspiring colleagues from across a growing, global network and opportunities to grow personally and professionally.
Our competitive package offers rewards and benefits including pension schemes, flexible working, and top-down emphasis on better work-life balance. We also offer private healthcare, discounted green travel, 24 days holiday (with an additional discretionary day given by the company) with options to buy/sell days, enhanced family leave and four volunteering days per year so you can make an impact somewhere else.
The Position
As a company we are proud of our reputation as leaders in renewable energy and for demonstrating that a zero carbon future is possible, affordable and desirable. We believe that small, empowered, ambitious teams can do big things! We believe in ideas, in seeking to be the best that we can be, work life balance and a blameless culture based on empowering our people.
The Accounts Receivable and Cash Manager is responsible for the leadership of the central cash and income team, with a clear focus on delivering UK finance transactional processing routines accurately and completely and with excellent customer service to both internal and external customers.
Organisational Context
The role leads the Accounts Receivable and Cash team who are responsible for the AR Ledgers.
The team’s work includes processing: -
- Sales invoicing, credit control
- ERP tier 1 support >750 end users
- Month end, quarter end and year end processing to agreed deadlines
- Managing the set-up, access and administration of all Asset Management bank accounts
Key Accountabilities
- Leadership of the central cash and income team to support and develop team members and produce a high performing team. Manage the Sales Ledger Clerk and Credit Controller, monitoring key KPIs and setting team targets
- Support the team to investigate / resolve unreconciled items on the debtors ledgers
- Review outstanding debts from other countries, regularly communicating on the status of repayments
- Review cash books and bank reconciliations, being hands on during the key month end process
- Manage the intergroup recharges process in Business World to ensure intergroup loans and recharges are correct
- With the support of the team, manage the upfront payment requests (payments outside of the AP process) and process these in the bank and on ledgers. Maintenance of approval forms for payments
- Maintain and review banking / approval matrices for in flow and out of flow approvals
- Setting up and administration of new bank accounts, including maintaining banking mandates
- Support the team through upcoming changes as a result of a new ERP system being implemented late 2024 / early 2025
- Document business processes, continuously improve the efficiency of the AR and Cash operations and strengthen controls with respect to the transaction cycles listed above
Knowledge
- Broad knowledge of accounting is essential - including double entry book keeping, VAT, foreign currencies and accounting systems
- Knowledge of sales ledger environments and associated processing routines
- Knowledge of cash book management and reconciliations
- Understanding of the core functions of a finance shared services department
- Experienced in using Finance Systems and banking software
Skills
- Ability to effectively manage the day-to-day activities of a finance team whilst being hands on when needed
- Willingness to learn and take on new responsibilities, ‘can do’ attitude
- Competent and efficient, demonstrating attention to detail and ability to deliver quality output (right first time) to deadline
- Ability to focus on continuous improvements, suggesting and delivering efficiencies to transactional processes.
- Adaptable and able to be flexible in approach from time-to-time to meet the needs of the business
- Sound communication skills and the confidence and credibility to communicate clearly and professionally all levels (including externally with suppliers)
- Strong Microsoft Excel and PC literacy skills are essential
Experience
- Experience of working in a finance team in a transactional capacity is essential.
- Experience of managing a team is essential.
- Super-user capability in ERP software.
Qualifications
- Recognised accountancy qualifications are desirable (e.g. AAT)
At RES we celebrate difference as we know it makes our company a great place to work. Encouraging applicants with different backgrounds, ideas and points of view, we create teams who work together to solve complex problems and design practical solutions for our clients. Our multiple perspectives come from many sources including the diverse ethnicity, culture, gender, nationality, age, sex, sexual orientation, gender identity and expression, disability, marital status, parental status, education, social background and life experience of our people.
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