Cash Allocation Assistant

Date posted:
Company: VF Corporation
Location: Nottingham (England), N/A
Job Type: Full-Time

In VF Corporation we are looking to expand our Account Receivable Credit

Team based in Calverton, Nottinghamshire.


Join the VF Family

VF is one of the world’s largest apparel, footwear and accessories companies connecting people to the lifestyles, activities and experiences they cherish through our family of iconic brands such as Vans®, The North Face®, Timberland®, Dickies®, Eastpak®, Napapijri® and Supreme®. At the heart of our journey lies our company-wide purpose: We power movements of sustainable and active lifestyles for the betterment of people and our planet. This is our purpose. It’s the reason we come to work every day. It’s a commitment shared by our global associates across all brands. Our purpose unites us and leads us to pursue our goals, together. This is our calling.

Let’s talk about the role…

As a Cash Allocation Assistant you will carry out the correct allocation of cash, invoices, credit notes and residual items, processing all payments via payment management systems. You will ensure that all payments are posted and that bookkeeping are reconciled correctly and aligned with the customer’s records.

Key Responsibilities

  • You will allocate and reconcile payments and other entries in line with the customer's remittance to ensure the correct allocation and reconciliation of the AR customer account within the set SLA in compliance with SOX, audit requirements and Credit Policy

  • You will deal with all rejected payments and returned direct debits / cheques and process of Credit Card payments.

  • You will work closely together with internal stakeholders like Treasury, Credit Controllers and VF Accountants to identify unidentified payments, transfer payments, to receive missing remittances of customers and answer any queries.

  • You will correctly allocate credit notes raised and collaborate with the Disputes Team.

  • You will evaluate and process refunds following customer's requests.

How you'll make a difference…

  • You ideally have some experience within an AR/debt collection environment

  • You have good communication skills in both written and and spoken English

  • You are computer literate and a proficient user of Microsoft Office applications with a good understanding of Excel.

  • You are a lateral thinker with sound logical skills

  • You possess good organisational skills with an ability to prioritise

What’s in it For You

We’re in the business of unleashing human potential, driven by the ideas, energy and commitment of our people. That’s why we offer comprehensive benefits that encourage mental, physical and financial well-being for all VF associates. When it comes to benefits, we’re the total package:

  • A supportive feedback-based culture where respect and integrity guide us in what we do

  • An inclusive international environment where people of diverse backgrounds, lifestyles and nationalities love working together

  • Be part of an iconic lifestyle brand in a multi brand, multi countries organization

  • 50% employee discount on all VF brands both in store and online

  • Subsidised canteen and break out areas offering complimentary hot drinks

  • Health Shield membership and access to numerous health and wellbeing initiatives

  • 25 days holiday (plus bank holidays) rising to 29 with length of service and your birthday off

  • 12% contributory smart pension scheme (8% on us, 4% from you)

  • Free secure onsite parking and discounts with local public transport

Where and When you will work

  • Hours: Monday to Friday, 36.25 hours per week

  • Working style: Hybrid (flexibility to work from home and 15 days from abroad anywhere in Europe)

  • Location: Calverton, Nottinghamshire (must live within commutable distance)

Free to Be, Inclusion & Diversity

As a purpose-led, performance driven company, we strive to foster a culture of belonging based on respect, connection, openness, and authenticity. We are committed to building and maintaining a workplace that celebrates the diversity of our associates, allowing them to bring their authentic selves to work every day.

We just have one question, are you in?