Revenue Allocations Assistant

Cygnet Group

  • London
  • £26,000-28,000 per year
  • Permanent
  • Full-time
  • 7 days ago
Cygnet has been providing a national network of high-quality specialist mental health services for more than 30 years. In this role you’ll have the chance to make a real impact on patients, service users & their families.An exciting opportunity has emerged for a new member to join the allocations team full time. As a Revenue Allocations Assistant, working 40 hours per week (hybrid 2 days per week) at our new Kings Hill office in West Malling, you will ensure all receipts are posted and allocated accurately and within deadlines within the department. We have multiple business entities and over 200 hospital and residential sites. All the receipts need to be posted to the right entity and site and then matched to the correct invoices for the correct Service Users.Key Accountabilities:
  • Allocating receipts to the right Service User invoices.
  • Ensuring that all monies are posted daily and all receipts are inputted before month end.
  • Create journals and intercompany journals to move the receipts to the right accounts.
  • To carry out to expected standards In-depth reconciliations of customer accounts at a service user level.
  • Following up funders to chase remittances that are missing
  • Assisting Credit Controllers & Billing team with sales ledger related queries
  • Assist with external audit.
  • Maintain and keep up to date our funding trackers which show where a different funder is paying to the one we are invoice, to ensure billing and credit control have accurate data.
  • Assisting the Business Partner with the successful release of a new finance system
  • Ensuring that funder portals, which give us receipt schedules for Service users have the correct entities and log in details. Apply for access to any new portals.
  • Overpayments – looking into historic and current overpayments and collating the required evidence
  • Assisting with any ad-hoc duties that are needed for the Revenue department.
Successful candidates will be required to undergo an enhanced DBS check.Benefits & RewardsGroup PensionWe'll look after you beyond Cygnet by helping you save for your future with a pension scheme. Cygnet provides a monthly contribution into your pot for every month you actively pay in.Discounted Gym MembershipCygnet encourages the culture of wellbeing and improving work-life balance and as a result, we are offering Gym discounts. The discounts are across more than 3,000 gyms across the UK. Ranging from the big chains to the small independents - your nearest gym in the scheme won't be far away!Free Life Assurance CoverCygnet provides a Group Life assurance scheme which pays out a lump sum benefit to your family or next of kin in the event of your death whilst employed by Cygnet.Free Mortgage Broker & Insurance CoverCygnet understands that buying a home is probably the biggest and most important financial decision for most of us. As a result we have partnered with L&C to offer free mortgage advice, free insurance cover and receive a voucher on completion of your mortgagePlan your commuteCygnet Head OfficeKent
London & South East
ME19 4AEOur application process01Step 1Application SubmissionYour application is received and reviewed by our recruitment team.02Step 2Automated ConfirmationYou'll receive an automated email confirming receipt of your application.03Step 3Application ReviewWe carefully review applications, considering factors like visa status, location, and experience.04Step 4Initial ScreeningIf your application is suitable, you'll be contacted by the recruiter to arrange a telephone screening call.05Step 5InterviewIf you meet the screening criteria, you'll be invited for an interview, which normally takes place in person at the site you're applying to.06Step 6Feedback and OfferFollowing the interview, you'll receive feedback, and if successful, a verbal job offer that will be followed up with a written job offer and onboarding information.Support for Your Job ApplicationFrom refining your CV to preparing for your interview, our free career resources give you the tools and advice you need to feel confident at every stage.

Cygnet Group