Company

Ted BakerSee more

addressAddressLondon, England
salary SalaryApprenticeship
CategoryAccounting & Finance

Job description

WHO WE ARE
QUINTESSENTIALLY BRITISH; DISTINCTLY GLOBAL.
At Ted Baker, we know what it means to be a truly forward-thinking designer brand. From the iconic props in our shops, to the delightful details and thoughtful touches which set us apart from the crowd. These are the qualities we see brought to life in our People.
We look for courageous thought leaders who constantly strive for excellence. Driven by their curiosity and boundless creativity; who know that refinement and a good witticism aren’t mutually exclusive. Our People are subject matter experts, ready to pave the way for their team to achieve new levels of success – and just as importantly, joy.
THE ROLE
Being part of the Accounts Receivable team and working closely with internal and external stakeholders of Ted Baker.
Reports to: Finance Operation Manager
MAIN RESPONSIBILITIES
  • Responsible for meeting targets in monthly receivables and keeping bad debt to a minimum
  • To collect cash in a manner that produces the optimum cash flow from customers including payment plans, support accounts, and proforma accounts
  • To create new client accounts and set them up on the system
  • Download bank statements to identify customer payments
  • Entering and allocating cash by Ted’s bank reconciliation policy
  • Run and monitor the aged debt analysis to identify overdue accounts
  • Chasing overdue accounts by telephone, email, and letter
  • Negotiate payment plans and settlements with debtors, including fixing terms and conditions
  • Resolving queries both internally and externally around outstanding invoices
  • Reconciling customer accounts over the telephone and in writing
  • Resolving account queries whenever necessary
  • Resolving debit notes issues
  • Run monthly Aged Creditor and provide commentary on top 20 overdue
  • Monitor the level of unallocated items within the ledger
  • Maintaining accurate records
  • Work with internal stakeholders to set up new customers on the system
  • Dealing with internal queries about payments
  • Issuing of invoices and statements
  • Develop and implement effective credit control policies and procedures to minimise credit risk and improve collection efficiency
TOOLS OF THE TRADE
  • Proficiency in excel and word
  • Proficient in Accounting Systems such as NetSuite
  • Experience within the fashion retail background is an advantage
  • Good understanding of the current retail climate
  • Ability to establish and maintain good client relationships, both internally and externally at all levels
  • Experience in credit control
OUR VALUES
AUTHENTIC
We have the freedom to be our ‘best self’, being true to ourselves and others
KIND
We try to do the right thing: for each other, our communities, our planet and for Ted
CURIOUS
We are hungry to explore, innovate and think differently
COURAGEOUS
We have the confidence to be brave, have fun and discover the unexpected
INCLUSIVE
We embrace and respect individuality and celebrate difference & diversity
BENEFITS
At Ted we offer a range of benefits to keep you well including our healthcare scheme, access to Aviva’s wellbeing app to track your fitness goals and assistance from the Retail Trust when you need a little help with life’s ups and downs. If you want to cycle to work, you can join our tax-free cycle scheme or if getting the train is more your thing then we’ll help with an interest free loan for an annual ticket.
We want you to share in Ted’s success so we’ll invite you to join our corporate bonus scheme. For your longer-term financial wellbeing we’ll pay into a pension scheme for you with Aviva.
Also, we have a range of apprenticeship programs that offer a dynamic learning experience with an opportunity to develop professional skills that will pave the way for a successful career in your area of work.
And finally, we want you to enjoy wearing Ted! We have a fantastic team discount scheme offering you a generous employee discount, a friends and family discount scheme and the opportunity to shop in our fantastic onsite pop-up sample shop.
Ted Baker is committed to equal opportunities and embraces diversity, understanding the needs and benefits of a balanced, inclusive workforce. We do not tolerate any harassment or discrimination towards any of our candidates or employees. We are proud to be an equal opportunities employer
Refer code: 3109726. Ted Baker - The previous day - 2024-03-30 12:07

Ted Baker

London, England
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