Transaction Processing Team Member

ArrowXL is now recruiting for a Transaction Processing Team Member to join our supportive and friendly Finance team at our Wigan Head Office. The successful candidate will work closely with the Transaction Processing Manager and the wider finance team to support the ongoing change programme and the planned growth of the company. Proven experience is an absolute prerequisite for the successful candidate, together with an acute attention to detail, strong interpersonal skills and a confident, hardworking approach., Payables:

• Process all payables transactions and be a key contact for all suppliers and expense claimants.


• Prepare and review the weekly aged creditors summary, investigating any aged debt and take corrective action.


• Reconcile supplier statements, ensure all statements are balanced against invoices and purchase orders.


• Support month end ledger close.


• Ad hoc projects as requested by Head of Transaction Processing or Head of Finance.


Receivables (cover when necessary):

• Process all receivables transactions and collect any debt owed to the business that is due or overdue for payment.


• Issue any dunning letters and legal escalations.


• Issue weekly statements to all customers.


• Prepare and process the weekly direct debit collection.


• Prepare the weekly aged debtors summary, investigating any aged debt and take corrective action.


• Review all customers credit statuses monthly and report any risks.


• Process all receivables incoming and outgoing payments.


• Working with the Commercial Finance team to resolve any billing/invoice queries.


• Support month end ledger close.


General:

• Effective management of self and able to support others within the team.


• Measurement of own and team performance.


• Provide feedback to Head of Transaction Processing about team member performance.


• Cover for colleagues in case of absence.


• Update and maintain procedure notes.


• Regular and ad hoc reporting to the business.


• Play your part in delivering of financial controls to ensure the financial integrity of the business.


• Working with the finance team to implement new systems and updated financial changes within the business in a controlled and logical manner. Ensuring financial integrity and adherence to all deadlines throughout the change programme.


• Ad hoc projects as requested by Head of Transaction Processing or Head of Finance.


Procurement:

• Supporting new and existing users with purchase order training.


• Review open purchase orders and ensure all cost are accounted correctly.


• Working with the business to onboard new suppliers.


Cash Management (cover when necessary):

• Support the Transaction Processing Manager with any tasks that do not pose a risk to the business.


• Importing of bank MT940 reports (Bank Statements) from HSBC to Oracle.


• Reconciling and posting all cash transactions to ensure the bank account and the cash book match.


• Timely and accurate investigation of cash queries.


• Processing payment for Arrow XL within the banking system, when required.
  
  Works willingly and effectively with all parts of the business to achieve the business goals.


• Shares information, knowledge and experience and co-operates fully with other team members.


• Actively listens to ideas to consider different points of view.


• Strong interpersonal skills.


• Ability to build relationships with all levels across the company and operation.


• Ability to build and maintain effective external relationships including clients, suppliers and advisors.


• Concise and clear presentation style to present financial data, especially to operational management.


• Possesses a confident and constructive style to communicate effectively with all levels of external and internal stakeholders.


• Good, clear written communication style.


• Is open minded and approaches new situations flexibly.


• Able to cope effectively with large amounts of fast-paced change


• Very strong Excel skills are a prerequisite (eg. SumIf, VLookup, Pivot Tables, etc)


• Experience of Oracle Cloud would be an advantage.


• Strong analytical skills and ability to work with and manipulate large amounts of data.
  
  ArrowXL is hiring! As the UK's leading provider of Two-Person Home Delivery, we continuously strive to make the world of delivery a better place. Our aim is to build a welcoming and friendly business that supports the local community. We store and deliver large, heavy and bulky items in pristine condition - the kind of items that typically need two attentive people to handle. Quite often these items need installing for our customers, which we also do!
  
  In addition to a competitive salary, you'll receive many excellent additional benefits including:


• Hybrid Working Options - opportunity to work from both the office and from the comfort of your own home


• Annual Leave - 34 days entitlement (including statutory bank holidays) which increases with service


• Holiday Buy Scheme - Buy up to 5 additional days


• Enhanced Pension Plan options - Company enhanced contributions of up to a 6% match


• Private Medical Insurance - via AXA


• Life Insurance - Company funded 2x basic salary life cover from day one


• Medicash - An easy-to-use health insurance package that provides cashback towards your everyday healthcare bills


• Employee Assistance Programme - Free 24/7 confidential wellbeing support


• Progression and Development Opportunities - Department specific technical training and Internal Management Development Academies


• Staff Discount at www.very.co.uk (25% discount on designer branded clothing, footwear and home accessories with 15% off furniture, leisure and electrical items)


• Discounted Gym Membership - Up to 25% discount across 3700 nationally located gyms, health clubs, leisure Centres, bootcamps and fitness studios


• Cycle to work scheme - In partnership with Evans cycles the ArrowXL C2W scheme offers great benefits and discounts


• Long service awards - We go out of our way to recognise and reward our colleague commitment with our long service awards programme


• Employee of the month - Winners receive £25 voucher, certificate and Hall of fame recognition


• CEO Award of the month - Winners receive £100 voucher, certificate and Hall of fame recognition


• Departmental Incentives - Year-round departmental competitions, seasonal incentives and fantastic gifts


• Retail Discounts - Huge discount savings in supermarkets (Asda, Tesco, Morrison's and Sainsburys), Fashion discounts with (Adidas, Asos, H&M, Boohoo, JD and Matalan) and Technology discounts with (Apple, Argos, Currys/PC World and John Lewis), plus many more savings, Salary Up to £25,500 per annum dependent on skills and experience, plus excellent benefits package