Job Summary
  • Salary
    £173.00 (per week)
    £50 travel expenses
  • Location
    Colchester, Essex
  • Sector
    Accounting Level 3
  • Duration
    12 Months
  • 1 Position Available
  • Closing Date
    31st October 2016
  • Employer Name
  • Distance from acadmey
    • 24.3 Miles
    • 32 Minutes
  • Address
    Colchester CO3 3LP, United Kingdom

Job Description

The purpose of this role is to ensure the timely and accurate allocation of monies to customer accounts. This role requires excellent communication, meticulous attention to detail and practical skills

Key responsibilities

The Cash Applications Specialist is expected to assume the following key responsibilities plus any other reasonable duties as required:

Cash processing & Reconciliations Team

  • Process bank statements and update matching rules within the system when applicable
  • Input and process daily cash receipts from statements, cheques and credit cards
  • Performing standard cash allocations
  • Reconcile associated General Ledger
  • Reconcile SAP, bank postings and MCAS daily where appropriate
  • Action refund payments by appropriate method
  • Prepare bank reconciliations for all bank accounts controlled by the SSC
  • Investigation and resolution of all reconciling items identified in the reconciliation process
  • Prepare reconciliations for all credit card and petty cash balance sheet accounts where applicable
  • Prepare reporting on cash movements to assist cash-flow analysis where applicable

Queries & Allocations Team

  • Preliminary Investigation and resolution of unidentified and unapplied payments
  • Allocation of such unallocated payments to appropriate systems
  • Allocation and reconciliation of funds pertaining to Agent Order Files (SSC Specific)
  • Liaison with internal and external customers
  • Resolution of queries from both internal and external customers
  • Preparation of reporting credit balances (SSC Specific)






  • General duty of care to colleagues
  • Work collaboratively across teams/businesses
  • Act as a role model to others
  • Provide help and a buddy system to other members of the team depending upon your level (SSC Specific)

Working Week

Monday – Friday 37.5 hours pw


Requirements & Prospects


Ideally a minimum 4 GCSE’s C and above Including Maths, English and ICT (or equivalents)

Desired Skills

• Good knowledge and understanding of Cash Applications processes within specific area of expertise:
o Queries & Allocations
o Cash Processing and Reconciliations
o Best practice in Cash Operations
• A thorough knowledge of SAP system preferable

Personal Qualities

• Good communication skills with the ability to build good relationships with a wide range of stakeholders, internal departments and key contacts
• Proficient skills in Excel, Word and Outlook are essential
• Remain approachable under pressure
• Knowledge and ability to use relevant internal systems
• Act with integrity, tact and diplomacy
• Work as part of a team
• Ability to complete a variety of related tasks
• Pro-actively solve problems
• Excellent Customer Service skills
• Good time management skills
• Ability to be flexible within role
• Excellent oral and written communication skills
• Highly organised, diligent with attention to detail

Future Prospects

Progression on to level 4 qualifications for the right candidate

  • Apprenticeship Length
    12 Months
  • Training Provider
    Aspire Achieve Advance Ltd
  • Academy Location


Throughout the duration of your Apprenticeship you will be required to attend the 3aaa Accountancy Academy in Chelmsford on a day release basis, the remainder of your training will be completed in the workplace.

You will work to achieve the highly recognised AAT (Association of Accounting Technicians) qualification and receive MAAT (Member of Association of Accounting Technicians) status.

You will be learning about all aspects of Accounting and learning new skills related to how businesses work. On the Apprenticeship there will be a good mixture of hands-on practical work and written work.

Qualification Gained

Advanced Apprenticeship (Level 3)