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Department: European Finance Centre Reports to: Cash Allocation Manager
Job Summary – Purpose of Role:
The role is responsible for all cash allocation activities, including monitoring bank statement uploads, processing incoming receipts, performing bank reconciliations, and managing outgoing payments, while maintaining full compliance with all company procedures and legislative requirements.
Responsibilities & Duties:
Cash Allocation
- Running manual & automated cash allocation to open AR items
- Review automatic cash allocations, completing manually where required
- Raise queries on any unallocated items
- Deal with allocation requests from all local entities
- Manage the processing of manual payments / allocations
- Ad hoc tasks and reporting as required
- Bank reconciliations / transit accpounts
Teamwork & Operational Support
- Provide cover as and when required for other team members.
- Assist the EFC Credit control team with the allocation of cash and BACS receipts.
- Allocation of GL& AP bank transations.
- Maintain a clean, safe, and compliant working environment.
Communication
- Maintain a professional and customer focused approach with internal and external clients.
- Answer telephone and email enquiries promptly, courteously, and professionally.
- Communicate effectively across departments to ensure smooth workflow and issue resolution.
Qualifications & Skills:
Essential Qualifications
- Previous experience in Cash Allocation, Accounts Receivable, Finance Administration, Credit Control, or a similar finance focused role.
- Strong attention to detail and high levels of accuracy.
- Good numerical and analytical skills.
- Strong organisational and time management skills.
- Strong problem-solving and decision-making abilities.
- Ability to work independently and as part of a team.
- Knowledge of accounts receivable processes and cash application principles.
Desirable Qualifications/Skills
- Experience working with SAP or similar financial systems.
- Experience of high-volume cash allocation environments.
- Understanding of foreign currency transactions and multi-company environments.
Success Measures:
Cash Allocation
- Cash allocations, manual payments, and bank reconciliations completed accurately and within agreed timescales.
- Unallocated cash, allocation queries, and local entity requests investigated and resolved promptly.
- Complete transit account reconciliations in line with company controls and reporting deadlines.
- Ad hoc reporting completed accurately, maintaining compliance with company policies and controls.
Teamwork & Operational Support
- Effective support and cover provided to ensure continuity of service and achievement of team objectives.
- Cash and BACS allocation support delivered to the EFC Credit Control team within agreed service levels.
- Compliance with all company procedures and legislative requirements.
Communication
- Professional and customer-focused service delivered to internal and external stakeholders.
- Telephone, email, and stakeholder enquiries responded to promptly and effectively.
- Clear communication and strong working relationships maintained to support efficient issue resolution and service delivery.
Key Stakeholders:
Internal contact: Frequency: Subject matter:
AP Clerk Weekly Manual Payments/Outgoing cash disputes
Credit Controller Weekly Incoming payment disputes
Financial Accountants Weekly Batch/Manual payment reviews/ Bank reconsiations
Treasury As required Bank issues
Behavioural Competencies:
Serious about safety-We remain vigilant and proactive to prevent safety hazards, and we will always place safety before profit.
We do what we say-We make commitments we can keep, trusting others to do the same, and holding ourselves accountable while being bold, direct, and transparent.
Where people matter-We care about others and their contributions and we will ensure diversity and inclusion. We will do this while growing ourselves to grow our business.
Valuable to others-We will demonstrate this value by solving problems with our customers and suppliers, and by improving the communities where we live and work.
Together we win-We will play to win and get results while working to common goals and using common processes to improve continuously.
Univar Solutions is a leading, global distributor of chemicals and ingredients essential to the safety, health, and wellbeing of our daily lives - from life-saving medicines and vitamins to hand sanitizers and industrial materials used for cleaning, construction, and more. Our global team of more than 9,500 employees support our vision to redefine distribution and be the most valued chemical and ingredient distributor on the planet!
We offer a Total Rewards package that includes market aligned pay and incentives as well as a diverse benefits offering to support our employees’ physical, emotional, and financial wellbeing.
Univar Solutions supports sustainable solutions for the world around us so that we can do our part to help keep our communities healthy, fed, clean, and safe!
We are committed to a diverse workforce and a culture of inclusion. Together, we are building a culture that acknowledges and respects the unique experiences, perspectives, and expertise of every employee. Through our dedicated Employee Resource Networks, we provide the development and growth opportunities to empower us to redefine our industry while making a difference in our communities.
Univar Solutions is an equal opportunity employer. All qualified applicants will receive consideration for employment and will not be discriminated against based on their race, gender, sexual orientation, gender identity, religion, national origin, age, disability, veteran status, or other protected classification
