Job Title
AP/AR Senior AnalystJob Description Summary
Process all invoices and settle all payments in due course relating to the head leases’ validated operational costs, process all (sub)lease invoices and collect all cash from the (sub)tenants in due course relating to any (sub)leases of the properties occupied by Cushman & Wakefield's GOS clients in order to enable them to prevent any additional funding or penalty costs.Job Description
Other professional qualifications required for filling the position:
BSC/MSC degree is required or can be exchanged with relevant real estate operation experience in international environment
Finance/economics degree is an advantage
1 year relevant work experience required
Finance processing experience in international environment is an advantage
Foreign language skills required for filling the position:
English language upper intermediate
Knowledge of any other European language is an advantage
Required skills for filling the position:
Strong IT literacy
Intermediate MS Office
Excellent written and verbal communication skills
Excellent problem-solving skills
Strong analytical mindset
Able to work independently and in a team
Strong work ethic
Flexibility during times of change
Ability to effectively prioritize and execute tasks in a high-pressure environment
Proactive, enthusiastic and willing to learn
Responsibilities of the jobholder:
Enable the PSC and its Portfolio Administration Lease Finance Team to meet defined performance targets in relation to invoice processing, payment management, cash collection/allocation and all aspects of Payable and Receivable Accounting or any other Lease Finance activity as required
Regular tasks:
Daily and other BAU tasks to deliver:
Day to day identification of quality issues and risks and escalation of such issues
Establish and maintain professional and effective working relationships with external and internal clients, colleagues and management
To provide advice / support to other team members to enable and ensure their contribution to outputs and adherence to procedures
Ensuring client requirements and Cushman & Wakefield quality procedures are followed
Collaboration with other departments (Data, CA, CM, Estate Management)
Supporting the maintenance of BAU process documents
Minimise invoice volumes awaiting approval or being queried and minimise approval/query resolution times in the P2P system
Updating and maintaining Accounts Receivable & Payable ledgers
Obtaining payment approvals (Panel A, Panel B)
Invoice postings to Property Management & Accounting systems
Accounts Payable & Receivable query management
Creating and managing payment runs
Ensuring all creditor remittance advices are produced and issued
Liaising with creditors to obtain tax invoices for charges paid
Creditor and debtor account reconciliations
Supporting the team's back up structure
Internal and external audit support
Cash collection – written and mostly verbal contact with tenants
Cash allocation – matching payments received to outstanding receivables
Bank reconciliations
Managing inter account bank transfers and manual payments
Release BACS/Credit Transfers
Support critical balance management
Carries out draft and actual charge raising on time
Debtor account reconciliations
Ad hoc reporting upon request
Regular monthly reporting
Preparation and calculation of finance amendments to tenant accounts as a result of data changes
Assist in preparing monthly / quarterly reports & KPI reports (multiple clients)