Senior Finance Executive

Competitive salary with company benefits (health insurance, dental, pension etc..)
02 Oct 2017
01 Nov 2017
Seniority Level
Contract Type







Purpose of this job (or Department Overview)

To control a portfolio of customer accounts in line with company policy & procedures. The senior finance executive will also have the opportunity to broaden their knowledge outside of this role.


Key Responsibilities

#Credit Control

Ensure all customers pay Red Bull in accordance with company payment terms

Keep days outstanding on portfolio to an agreed level

Ensure customers are chased and that reminder letters are despatched as necessary

Discuss delinquent accounts with AR Manager including but not limited to bounced cheques, continued broken promises of payment, accounts requiring final demands or litigation, slowing of payments, worsening situation of queries claimed, general feeling that there is something ‘wrong’, all cases of insolvency

Regularly spend time with the relevant Account Managers to update them on their accounts and new procedures, processes etc

Despatch monthly statements of account

Build strong relationships with customers with occasional visits with the Account Manager where necessary

Keep detailed chasing notes

Recommend accounts which should go on stop and ensure Sales are kept informed

Provide copy invoices, statements, PODs as requested

Deal with all customer queries performing a customer service role and therefore removing any obstacle to delay invoice payment

Maintain accounts on stop and review held orders (credit and overdue) on a daily basis, releasing orders as necessary

Manage the held order system

#Accounts Receivables

Identify and log all cash receipts from bacs and cheques

Post all cash receipts to the sales ledger

Allocate and reconcile all cash receipts

Ensure any deductions are clearly documented

Chase Customers for remittances where necessary

Regularly review unallocated cash and keep to agreed levels

Arrange refunds to customers for over payment and duplicate payments upon written request from customers

Arrange write offs on a regular basis of small differences (under and over payments) as agreed under credit policy

Regularly police sales ledger to ensure accounts are kept ‘tidy’ and all sales ledger maintenance performed

Cloaking maintained every month

Ensure all invoices are generated including manual invoices from time to time

Load invoices onto some customer’s systems

Asist in the preparation of the weekly customer payment run


Process all lead sheets received onto the CPM system including new conditions, changes, closures

Process all customer invoices to the CPM System

Work with the KAMs to ensure invoices are approved and matched in a timely manner thus ensuring payments to customers are not late and customer deductions do not become aged

Once the customer invoice is approved, match the credit note generated to the outstanding deduction

Customer master data is kept up to date including change of KAM, bank account details, VAT numbers

Assist in the preparation of the weekly customer payment run

#Accounts payable

Assist in clearing accounts ensuring they are kept to a minimal at month end

 Assist accounts payable with the processing of vendor invoices

 Assist accounts payable at month end with any Ad hoc tasks

 VAT preparation

#Business Partnerships

Build and maintain relationships with customers, vendors and Red Bull employees

Work in a team environment to achieve your targets


Experience Needed

Minimum 5 years’ experience in credit control & Accounts receivables

Experience of customer account plan & promotional plan type of spend

Experience in a similar Accounts Payable/Accounts receivable role, particularly in a high volume environment

Basic Knowledge of VAT rates, treatment and HMRC guidelines

SAP experience desired not essential

A confident telephone manner and ability to liaise closely with suppliers and Red Bull employees at all levels

A proactive individual with ability to work on own initiative

Organised and efficient with a “can do” attitude

Education requirements

Degree level desired not essential

Language requirements

Fluent in English, additional language skills an advantage

Search keywords

AR, Accounts receivable, Credit control, Customers, AP, Accounts Payable, Finance, Accountancy