Finance Analyst

Finance Assistant

Permanent

Closing Date: 9th May 2025

Vyoma Gandhi - vyoma.gandhi@boots.com

About the role

This is an exciting opportunity to join our finance Order to Cash (O2C) team as a Cash Management Finance Assistant. You will oversee and optimise the management of incoming cash flows and ensuring accurate reconciliation. You will collaborate with multiple departments to ensure that receipts are reconciled correctly, contributing to the overall financial health of the organisation. You will be offered the opportunity to develop a broad understanding of our business and would be suited to someone who is looking to develop their skills within finance.

Work in Enterprise Finance Services (EFS) who sit within the wider finance team and will be reporting into the Finance Manager.

Key responsibilities of the role:

• Cash Application:

• Process incoming payments from customers, ensuring accurate and timely application of cash to customer accounts.

• Reconcile payments against open invoices, escalating discrepancies for payment-related issues.

• Store Account Reconciliation:

  • Perform regular reconciliations of store accounts, ensuring that transactions are accurately recorded and that any discrepancies are promptly investigated and resolved.

• Reporting and Reconciliation:

  • Prepare and maintain regular cash management reports and key performance indicators (KPIs) to assess the effectiveness of cash management practices.

  • Reconcile bank statements with accounting records, ensuring proper accounting treatment for all cash transactions.

• Collections Support:

  • Support the collections team by providing them with accurate payment status and open account balances.

  • Assist in resolving any discrepancies between payments received and outstanding receivables.

• Customer and Internal Communication:

  • Communicate effectively with customers to resolve payment issues, such as unapplied cash.

  • Collaborate with other departments (Sales, Customer Service, Credit Control) to ensure alignment and resolve any issues related to payments or orders.

• Compliance and Audit:

  • Ensure compliance with internal controls, company policies, and financial regulations related to cash management and accounts receivable.

  • Assist with internal and external audits as required, providing necessary documentation and support for cash-related inquiries.

What you’ll need to have

These are the essential experience needed to succeed in this role, you will need the following:

· High attention to detail

· Confident in talking to external and internal customers

· Working to deadlines

· Working on own initiative

· Strong team work ethic

· Microsoft Excel experience

· Curious and investigative nature

It would be great if you also have

These are desirable skills or experience and are not essential, so we would welcome applications from candidates that don’t match this additional criteria.

· Previous SAP experience

· A minimum of a foundation level qualification in finance

• Minimum 1 year of experience in cash management, accounts receivable, or finance operations

Our benefits

• Boots Retirement Savings Plan

• Discretionary annual bonus

• Generous employee discounts

• Enhanced maternity/paternity/adoption leave pay and gift card for anyone expecting or adopting a child

• Flexible benefits scheme including option to buy additional holiday, discounted gym membership, life assurance, activity passes and much more.

• Access to free, 24/7 counselling and support through TELUS Health, our Employee Assistance Programme.

Why Boots

At Boots, we foster a working environment where consideration and inclusivity help everyone to be themselves and reach their full potential. We are proud to be an equal opportunity employer, passionate about embracing the diversity of our colleagues and providing a positive and inclusive working environment for all. As the heart of everything we do at Boots, with you, we change for the better.

What's next

If your application is successful, our in-house recruitment team will be in touch to arrange an interview and to answer any initial questions you have. If you have not been successful on this occasion, you’ll be notified by email.

Where a role is advertised as full-time, we are open to discussing part-time and job share options during the application process. If you require additional support as part of the application and interview process, we are happy to provide reasonable adjustments to help you to be at your best.

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