Job description
Our passion? Simplifying the development of complex electronics… it’s the reason we exist as an organisation. Our way of life? Fostering a culture that values individuals as well as community and teamwork.
Join us – and work with a team that believes success is measured by more than the bottom line, where you’ll find opportunities to achieve your goals, contribute to the lives of others, and build a brighter, smarter future, together.
TT Electronics’ Bedlington facility north of Newcastle upon Tyne is the home of two TT Electronics divisions; Sensors & Specialist Components and Power Electronics. Sensors & Specialist Components are leaders in high reliability, high performance and engineered electronic components. Power Electronics provide custom power solutions for safety-critical applications in harsh environments. The team in Bedlington specialises in microcircuit production for the aerospace and defence industries.
Employee engagement is centre stage; we’re focussed on our employees and making TT a great place to work. Here at Bedlington we continue to invest and improve the site’s facilities, regularly get involved in fundraising for local charities and activities in our community, have a busy social club and have a group wide focus on ‘Build Expertise’ in science, technology, engineering and maths (STEM) subjects developing our current employees and encouraging more to join our industry at this exciting time.
Key Responsibilities
- Daily processing of bank statements and cash receipts to customer accounts & reconciliation between company codes
- Production and maintenance of customer account block schedule
- Weekly production and maintenance of overdue report
- Monthly production of period end reports, including OTC reporting, provision requirements etc.
- Production of periodic cash flow forecast quarterly and monthly as required
- Proactive chasing of all debtors including the preparation and action of notice of terms documentation and legal notices
- End of period closure and reconciliation
- Evaluate customer queries for reallocation / follow up. Maintain and distribute ‘Customer Issue’ log
- Timely and accurate processing of new customer accounts in accordance with TT procedures. Obtaining and reviewing credit agency reports and customer financials to support credit worthiness.
- Perform and evaluate an annual review of all AR active accounts, liaising with the Sales teams to ensure limits are adequate and in line with current and forecasted business trends for operating company.
- Weekly review of early warning indicator system and timely processing of affected customer credit limits.
- Prepare and initiate reviews of customer credit terms, inactive customers and accounts for referral.
- Consistent full review of Esker dashboard and relating reports
- Evaluate customer queries for reallocation / follow up
- Production of periodic bad / doubtful debt and credit note recommended provisions alongside any site-specific requirements
- Review daily credit agency notifications and update Credit Management system for any changes
- Ad hoc duties for operating company, division and group as requested by the Credit & Collections Finance Director or FSC AR Manager
A to C grades GCSE English and Maths. Education to A Level standard preferred although experience will be considered. Microsoft packages (essential)
Desireable Skills and Experience
Solving Technology Challenges for a Sustainable World