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 leases’ 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 requiredNo relevant work experience is required

Foreign language skills required for filling the position:

English language intermediateKnowledge of any other European language is an advantage

Required skills for filling the position:

Strong IT literacyBasic MS OfficeGood written and verbal communication skillsGood problem-solving skillsAnalytical mindsetAble to work independently and in a teamStrong work ethicFlexibility during times of changeAbility to effectively prioritize and execute tasks in a high-pressure environmentProactive, 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 systemDay to day identification of quality issues and risks and escalation of such issuesEstablish and maintain professional and effective working relationships with internal clients, colleagues and managementObtaining payment approvals (Panel A, Panel B)Managing inter account bank transfers and manual paymentsRelease BACS/Credit TransfersInvoice postings to Property Management & Accounting systemsUpdating and maintaining Accounts Receivable & Payable ledgersCash allocation – matching payments received to outstanding receivablesSupporting cash collection – written and mostly verbal contact with tenants Supporting bank reconciliationsSupporting query managementTo provide advice / support to other team members to enable and ensure their contribution to outputs and adherence to proceduresEnsuring client requirements and Cushman & Wakefield quality procedures are followedCollaboration with other departments (Data, CA, CM, Estate Management)Supporting the maintenance of BAU process documentsSupporting the team's back up structureInternal and external audit support

What we offer:

Competitive compensation and benefit packageGreat learning and development opportunities Modern, award-winning office with a view of the DanubeCentral location, excellent public transport Youthful and supportive work environmentAdditional holidays to compensate for Hungarian public holidays falling on a weekendA steadily growing, 100+ year-old international company

INCO: “Cushman & Wakefield”