Finance and Credit Administrator

Finance & Credit Administrator

Location – Hybrid to Exeter

Salary- £13.50 per hour

Hours – 7 – 14 hours per week

Start date – ASAP

Top 3 qualities for this role: Determination, accuracy, humility

About Binit:

Binit is a next generation, tech-lead waste and recycling super broker. We provide full waste management services for businesses that are smart and responsive. We do this using data, analytics and our unique collection network. We do not operate the vehicles, but we own the bins and are developing bespoke hardware to fit in them. Binit has been trading since 2018 and now services over 310 sites, collecting over 1500 bins and bags a week. We have grown considerably, and have just closed our third investment round, which means we are now getting ready to scale.

We believe in a world where nothing is wasted: resources, time, money or effort. We are here to revolutionise the commercial waste industry by redefining how businesses think about waste.

Diversity is a big part of our ethos; because of this we operate a blind recruitment process.

Job Summary:
We are looking for an experienced Finance & Credit Administrator to undertake all aspects of financial management and expertly manage the debts of our company. As a Finance and Credit Administrator, you will be responsible for collecting debts from our company debtors, evaluating new credit requests, ensuring timely payments of company debts, processing invoices, maintaining the sales ledger

Responsible for:Timely cash collection and maintenance of our client accounts

Job Purpose:Support the finance and credit control team in proactively managing the Group debtors and clients by telephoning customers to collect overdue debt and resolve queries

Traits and Values:
Things move fast at Binit, so we are looking for someone with initiative, who is dynamic, confident, competent, has a desire to learn and who wants to make a difference. Our aim is to offer a hassle-free service, so it is vital that you embrace this approach from day 1.

At Binit we are collaborative, committed, inventive and genuine. We know our stuff which means we are decisive and aim to be influential.

Responsibilities

• Manage accounting operations including A/R, A/P, Cost Accounting, Inventory Accounting and Revenue Recognition
• Pro-actively chasing outstanding invoices to minimise debtor days
• Telephoning clients to chase overdue debt
• Building relationships with customers
• Resolving client queries directly via the telephone and email
• Statements and payment reminders
• To support with the preparation of the budget and financial forecasts and report variances
• To support with preparation of timely monthly financial statements
• Evaluating new credit requests and conducting client credit checks.
• Setting up the terms of credit for new clients.
• Negotiating payment plans.
• Managing the collection of all payments and debts.
• Responding to client inquiries.
• Support with processing invoices.
• Preparing statements and reports for the company accountant.
• Liaising with customers and the sales team.

Requirements and skills

• Proven working experience as a Finance & Credit Control Officer
• Previous experience with Xero

• Proficient in Accounting and Office software and HubSpot CRM

• Thorough knowledge of accounting principles and procedures
• Experience with creating financial statements
• Evaluating new credit requests and conducting client credit checks.
• Managing and collecting debts from company debtors.
• Setting up the terms of credit for new clients.
• Negotiating payment plans.
• Managing the collection of all payments and debts.
• Responding to client inquiries.
• Processing invoices.
• Preparing statements and reports for the company accountant.
• Managing the sales ledger.
• Liaising with customers and the sales team.
• Experience with general ledger functions and the month-end/year end close process
• Excellent accounting software user and administration skills

Selection criteria Essential

• Sound understanding of accounting practices
• Good level of computer literacy (Word, Excel, Outlook) and keyboard skills.
• Experience of using financial software packages, in particular Xero & HubSpot
• Competent in spoken and written English, particularly spelling.
• Knowledge of databases
• Flexible approach to work.
• Working knowledge of the issues involved in financial management.
• Ability to think laterally and where necessary creatively to resolve problems.