Cash Allocation Administrator Permanent

Cash Allocation Administrator

Location: Borehamwood (Hybrid, 3 days in the office / 2 days from home)

Salary: £25,000 per annum + Benefits

We’re representing a leading organisation in the healthcare sector that is seeking a Cash Allocation Administrator to join their growing finance team based in Borehamwood.

This is a fantastic opportunity for someone with a background in accounts receivable or cash allocation to join a dynamic business and play a key role in maintaining accurate ledgers and supporting cash flow management.

The Role

• Accurately allocate incoming payments (BACS, CHAPS, cheques, direct debits, etc.) to customer accounts
• Investigate and resolve unallocated or misapplied payments promptly
• Work closely with accounts receivable specialists to resolve payment discrepancies
• Perform account reconciliations and process refunds or adjustments when necessary
• Support month-end and year-end close activities related to cash allocation
• Provide documentation for audits and assist with related queries
• Contribute to process improvements to enhance efficiency and accuracy in cash allocation

About You

• Previous experience in an Finance Administrator, Accounts Receivable or Cash Allocation role
• Strong understanding of cash allocation and reconciliation processes
• Experience working with financial systems such as Unit4, SAP, Oracle, Sage, or similar
• Basic knowledge of accounting principles and the order-to-cash process
• High attention to detail and accuracy with excellent organisational skills
• Confident communicator with strong problem-solving abilities
• Proficient in Microsoft Excel

What’s On Offer

• Competitive salary and benefits package
• Opportunity to join a reputable and growing organisation
• Office-based role in Borehamwood with a supportive finance team

If you’re looking for your next step in finance and want to join a business where you can make an impact, apply today or contact us for a confidential discussion.