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Senior Associate-Accounts Receivable-Collections
Job Title: Sr Associate-Accounts Receivable-Collections
The Accounts Receivable associate is a member of a high performing and mixed rank team led by the Controlling Finance Lead.
This role sits within the Controlling team which helps the business create success by managing risk, mitigating fraud, ensuring compliance with regulatory requirements and Firm policy, driving quality, consistency and efficiency across the accounts receivable processes.
The opportunity:
As part of a Collections team, you will manage a portfolio of client collection activity across UK, incorporating all services lines across the business. This role is key to the business cash performance with primary focus on driving timely payments and early escalation of known delays. This is a great opportunity to enhance the collection function and provide client collection support in your role, as a trusted business advisor. It is a proactive, solution driven and challenging role working alongside other finance teams.
Key Responsibilities
- Collecting accounts receivable balances for selected portfolio of clients, at firm level, by taking ownership of collection activity & client payment performance
- A key objective would be to maximise cash for the business
- Building external client relationships to understand client payment behaviours & methods, client approvals & internal processes
- Engaging with client facing teams to support collection activities
- Identifying collection delays early and escalating disputes
- Maintaining client information data to support lessons learned
- Dealing with incoming internal & external customer queries
- Achieve set monthly team cash targets and maintain high volume of follow up calls
- Keeping a detailed record of collection activities
- Tracking and managing the collection activities of the team members
- Process Dashboard reporting
- Escalation Management
- Problem solving ability
Skills and Attributes for Success:
- Confident, with a proven ability to challenge appropriately at all levels
- Ability to balance multiple priorities by considering risk, importance, and level of urgency
- Ability to adapt or flex the style, as necessary
- Demonstrate a solution driven mind-set
- Commercial awareness
- Strong communication skills
- Good team player
To qualify for the role, you must have:
- Minimum 4 years’ experience in a similar role in a fast-paced environment
- Excellent communication, research, problem-solving, and time management skills.
- High level of accuracy, efficiency, and accountability.
- Attention to detail
- Ability to build relationships with clients and internal departments
- Familiarity with relevant tools, technologies, and software that are essential for the role.
What we look for
You will be an experienced Trusted Business Advisor with a passion for providing exceptional client service to your stakeholders whilst maintaining high levels of customer service for internal stakeholders.
What working at EY offers
We offer a competitive remuneration package where you’ll be rewarded for your individual and team performance. Our comprehensive Total Rewards package includes support for flexible working and career development, and with FlexEY you can select benefits that suit your needs, covering holidays, health and well-being, insurance, savings and a wide range of discounts, offers and promotions. Plus, we offer:
- Support, coaching and feedback from some of the most engaging colleagues around
- Opportunities to develop new skills and progress your career
- The freedom and flexibility to handle your role in a way that’s right for you
EY | Building a better working world
EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.
Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.
Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.
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