Finance Assistant

London, South East England
20 Jul 2017
19 Aug 2017
Contract Type
Full Time
leading global fashion brand renowned for successfully mixing fashion with lifestyle through their brand. With more than 50 years of providing luxury fashion and fragrances all over the world, this brand continues to grow and innovate keeping them at the forefront of the cutting edge of fashion.

Main Responsibilities:

*Allocation of wholesale customer payments for UK and Ireland, running and reviewing the un-allocated list and working with the Accounts Receivable team to clear on a timely basis, including payment plan and key account customers
*Liaise with customers to request payment remittances
*Assisting with the processing of credit and debit notes on SAP
*Banking of cheques
*Ensuring key month-end deadlines are met
*Reconciliation of daily sales transactions to the bank account postings for each of the main tender types which include Credit Cards, Amex, CUP, Cash and Petty Cash
*Investigating and resolving discrepancies, liaising with retail stores where required
*Recording variances between the till system and the bank statement onto the variance tracker sheet
*Notifying Area Managers of any cash variances immediately for further investigation in store as well as instructing the bank and cash collection company to investigate where necessary
*Checking of store paperwork to ensure they are in compliance with the business Store Procedures Manual
*Completing relevant form to order new banking books as and when required

Desirable Skills:

*Previous experience in a similar role would be advantageous but not essential if you have a good eye for numbers and are keen to learn
*A general understanding of double entry book-keeping, and of the completion of a bank reconciliation would be advantageous
*An understanding of retail processes , e.g. till processes /refunds
*Experience in SAP would be preferable
*AAT part qualified (or desire to study AAT)