Do you have experience in an Accounts receivable role? If so, join Elysium Healthcare as the Cash Allocation Administrator.
As the Cash Allocation Administrator you will be responsible for accurately and efficiently allocating incoming receipts to customer accounts, ensuring the integrity of the customer ledgers and supporting the timely collection of outstanding receivables. This role plays a key part in the end-to-end Order-to-Cash process, contributing to strong cash flow and excellent customer service.

WHAT YOU WILL BE DOING:

• Accurately allocate incoming payments (BACS, CHAPS, cheques, direct debits, etc.) to customer accounts in the finance system.
• Investigate and resolve unidentified or misallocated payments in a timely manner.
• Liaise with the Accounts Receivable specialists to resolve payment discrepancies.
• Reconcile customer accounts and maintain up-to-date records.
• Process refunds and adjustments as required.
• Support month-end and year-end closing activities related to cash allocation.
• Assist with audit queries and provide supporting documentation.
• Continuously identify and suggest process improvements to enhance accuracy and efficiency.

TO BE SUCCESSFUL IN THIS ROLE, YOU WILL HAVE:

• Previous experience in an Accounts receivable role.
• Strong attention to detail and high level of accuracy.
• Good understanding of cash allocation and reconciliation processes.
• Proficient in Microsoft Excel and finance systems (e.g., SAP, Oracle, Sage, or similar).
• Understanding of how payments are received, processed, and applied to customer accounts.
• Familiarity with reconciliation procedures and handling of unallocated cash.
• Experience with systems like Unit 4, SAP, Oracle, Sage, or similar.
• Knowledge of banking platforms and automated cash application tools (D)
• Awareness of general ledger, debits/credits, and financial reporting.