Cash Allocation Administrator

NHS

  • Borehamwood, Hertfordshire
  • £26,000 per year
  • Permanent
  • Full-time
  • 5 days ago
This role as a Cash Allocation Administrator at Elysium Healthcare involves accurately and efficiently allocating incoming receipts to customer accounts, ensuring the integrity of the customer ledgers, and supporting the timely collection of outstanding receivables. The position plays a key part in the end-to-end Order-to-Cash process, contributing to strong cash flow and excellent customer service.Main duties of the jobAs the Cash Allocation Administrator, you will be responsible for accurately and efficiently allocating incoming payments (BACS, CHAPS, cheques, direct debits, etc.) to customer accounts in the finance system, investigating and resolving unidentified or misallocated payments, liaising with the Accounts Receivable specialists to resolve payment discrepancies, reconciling customer accounts, and maintaining up-to-date records. You will also process refunds and adjustments, support month-end and year-end closing activities, assist with audit queries, and continuously identify and suggest process improvements to enhance accuracy and efficiency.About usElysium Healthcare is an established, stable and agile company with over 8,000 employees and a unique approach to the delivery of care. With a network of over 90 services across England and Wales covering Mental Health, Neurological, Learning Disabilities & Autism, Children & Education, there is opportunity for growth and development. Elysium Healthcare is part of Ramsay Health Care with a global network that extends across 10 countries and employs over 86,000 people globally.DetailsDate posted27 August 2025Pay schemeOtherSalary£26,000 a yearContractPermanentWorking patternFull-timeReference number1370025818Job locationsElysium HealthcareBorehamwoodWD6 1JNJob descriptionJob responsibilitiesDo you have experience in an Accounts receivable role? If so, join Elysium Healthcare as the Cash Allocation Administrator.As the Cash Allocation Administrator you will be responsible for accurately and efficiently allocating incoming receipts to customer accounts, ensuring the integrity of the customer ledgers and supporting the timely collection of outstanding receivables. This role plays a key part in the end-to-end Order-to-Cash process, contributing to strong cash flow and excellent customer service.What you will be doing:
  • Accurately allocate incoming payments (BACS, CHAPS, cheques, direct debits, etc.) to customer accounts in the finance system.
  • Investigate and resolve unidentified or misallocated payments in a timely manner.
  • Liaise with the Accounts Receivable specialists to resolve payment discrepancies.
  • Reconcile customer accounts and maintain up-to-date records.
  • Process refunds and adjustments as required.
  • Support month-end and year-end closing activities related to cash allocation.
  • Assist with audit queries and provide supporting documentation.
  • Continuously identify and suggest process improvements to enhance accuracy and efficiency.
To be successful in this role, you will have:
  • Previous experience in an Accounts receivable role.
  • Strong attention to detail and high level of accuracy.
  • Good understanding of cash allocation and reconciliation processes.
  • Proficient in Microsoft Excel and finance systems (e.g., SAP, Oracle, Sage, or similar).
  • Understanding of how payments are received, processed, and applied to customer accounts.
  • Familiarity with reconciliation procedures and handling of unallocated cash.
  • Experience with systems like Unit 4, SAP, Oracle, Sage, or similar.
  • Knowledge of banking platforms and automated cash application tools (D)
  • Awareness of general ledger, debits/credits, and financial reporting.
What you will get:
  • Annual salary of £26,000
  • The equivalent of 33 days annual leave Pro Rata (inc Bank Holidays) - plus your birthday off!
  • Wellbeing support and activities to help you maintain a great work-life balance.
  • 24 hour GP Service to ensure you are the best you can be
  • Career development and training to help you achieve your career goals.
  • Pension contribution to secure your future.
  • Life Assurance for added peace of mind.
  • Enhanced Maternity Package so you can truly enjoy this special time.
There is also a range of other benefits including retail discounts, special offers and much more.About your next employer:You will be working for an established, stable and agile company with over 8,000 employees and a unique approach to the delivery of care. With a network of over 90 services across England and Wales covering Mental Health, Neurological, Learning Disabilities & Autism, Children & Education, there is opportunity for you to grow and move.Elysium Healthcare is part of Ramsay Health Care with a global network that extends across 10 countries and employs over 86,000 people globally.Elysium Healthcare follows safer recruitment of staff for all appointments and is a Disability Confident employer, committed to inclusive and accessible recruitment. It is a requirement that all staff understand it is each person's individual responsibility to promote and safeguard the welfare of service users. All candidates will be subject to a DBS disclosure. #HO Job descriptionJob responsibilitiesDo you have experience in an Accounts receivable role? If so, join Elysium Healthcare as the Cash Allocation Administrator.As the Cash Allocation Administrator you will be responsible for accurately and efficiently allocating incoming receipts to customer accounts, ensuring the integrity of the customer ledgers and supporting the timely collection of outstanding receivables. This role plays a key part in the end-to-end Order-to-Cash process, contributing to strong cash flow and excellent customer service.What you will be doing:
  • Accurately allocate incoming payments (BACS, CHAPS, cheques, direct debits, etc.) to customer accounts in the finance system.
  • Investigate and resolve unidentified or misallocated payments in a timely manner.
  • Liaise with the Accounts Receivable specialists to resolve payment discrepancies.
  • Reconcile customer accounts and maintain up-to-date records.
  • Process refunds and adjustments as required.
  • Support month-end and year-end closing activities related to cash allocation.
  • Assist with audit queries and provide supporting documentation.
  • Continuously identify and suggest process improvements to enhance accuracy and efficiency.
To be successful in this role, you will have:
  • Previous experience in an Accounts receivable role.
  • Strong attention to detail and high level of accuracy.
  • Good understanding of cash allocation and reconciliation processes.
  • Proficient in Microsoft Excel and finance systems (e.g., SAP, Oracle, Sage, or similar).
  • Understanding of how payments are received, processed, and applied to customer accounts.
  • Familiarity with reconciliation procedures and handling of unallocated cash.
  • Experience with systems like Unit 4, SAP, Oracle, Sage, or similar.
  • Knowledge of banking platforms and automated cash application tools (D)
  • Awareness of general ledger, debits/credits, and financial reporting.
What you will get:
  • Annual salary of £26,000
  • The equivalent of 33 days annual leave Pro Rata (inc Bank Holidays) - plus your birthday off!
  • Wellbeing support and activities to help you maintain a great work-life balance.
  • 24 hour GP Service to ensure you are the best you can be
  • Career development and training to help you achieve your career goals.
  • Pension contribution to secure your future.
  • Life Assurance for added peace of mind.
  • Enhanced Maternity Package so you can truly enjoy this special time.
There is also a range of other benefits including retail discounts, special offers and much more.About your next employer:You will be working for an established, stable and agile company with over 8,000 employees and a unique approach to the delivery of care. With a network of over 90 services across England and Wales covering Mental Health, Neurological, Learning Disabilities & Autism, Children & Education, there is opportunity for you to grow and move.Elysium Healthcare is part of Ramsay Health Care with a global network that extends across 10 countries and employs over 86,000 people globally.Elysium Healthcare follows safer recruitment of staff for all appointments and is a Disability Confident employer, committed to inclusive and accessible recruitment. It is a requirement that all staff understand it is each person's individual responsibility to promote and safeguard the welfare of service users. All candidates will be subject to a DBS disclosure. #HOPerson SpecificationQualificationsEssential
  • To be successful in this role, you will have previous experience in an Accounts receivable role, a strong attention to detail and high level of accuracy, a good understanding of cash allocation and reconciliation processes, and proficiency in Microsoft Excel and finance systems (e.g., SAP, Oracle, Sage, or similar). You should also have an understanding of how payments are received, processed, and applied to customer accounts, as well as familiarity with reconciliation procedures and handling of unallocated cash.
Person SpecificationQualificationsEssential
  • To be successful in this role, you will have previous experience in an Accounts receivable role, a strong attention to detail and high level of accuracy, a good understanding of cash allocation and reconciliation processes, and proficiency in Microsoft Excel and finance systems (e.g., SAP, Oracle, Sage, or similar). You should also have an understanding of how payments are received, processed, and applied to customer accounts, as well as familiarity with reconciliation procedures and handling of unallocated cash.

NHS