Cash Allocation Administrator
The role of the Cash Allocation Administrator is pivotal in maintaining accurate financial ledgers, enhancing cash flow visibility, and fostering collaborative relationships with internal stakeholders and external customers.
Key Responsibilities:
* Allocate incoming payments accurately against customer accounts and invoices within the accounting system.
* Monitor and reconcile transactions from distributors, focusing on online marketplaces like Amazon, ensuring correct posting of sales receipts and fees.
* Investigate and resolve unidentified, missing, or misallocated payments promptly.
* Perform daily and monthly bank reconciliations, guaranteeing completeness and accuracy of financial records.
* Collaborate closely with the Credit Control, Sales, and E-commerce teams to resolve discrepancies between marketplace reports and company ledgers.