AP/AR Junior Analyst

Job Title

AP/AR Junior Analyst

Job Description Summary

Primary purpose of the job:
Process all invoices and settle all payments in due course relating to the head leasesâ™ 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 not required
• No relevant work experience is required

Foreign language skills required for filling the position:

• English language intermediate
• Knowledge of any other European language is an advantage

Required skills for filling the position:

• Strong IT literacy
• Basic MS Office
• Good written and verbal communication skills
• Good problem-solving skills
• 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:

• Minimise invoice volumes awaiting approval or being queried and minimise approval/query resolution times in the P2P system
• Day to day identification of quality issues and risks and escalation of such issues
• Establish and maintain professional and effective working relationships with internal clients, colleagues and management
• Obtaining payment approvals (Panel A, Panel B)
• Managing inter account bank transfers and manual payments
• Release BACS/Credit Transfers
• Invoice postings to Property Management & Accounting systems
• Updating and maintaining Accounts Receivable & Payable ledgers
• Cash allocation â“ matching payments received to outstanding receivables
• Supporting cash collection â“ written and mostly verbal contact with tenants
• Supporting bank reconciliations
• Supporting query 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
• Supporting the team's back up structure
• Internal and external audit support

What we offer:

• Competitive compensation and benefit package
• Great learning and development opportunities
• Modern, award-winning office with a view of the Danube
• Central location, excellent public transport
• Youthful and supportive work environment
• Additional holidays to compensate for Hungarian public holidays falling on a weekend
• A steadily growing, 100+ year-old international company

INCO: âœCushman & Wakefieldâ