Commercial Accountant

Job Posted 4 Days Ago Posted 4 Days Ago
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Oxford, Oxfordshire, England
Entry level
Biotech
The Role
The Commercial Accountant is responsible for the finance operations of the order-to-cash process, including raising invoices, managing accounts receivable, credit control, and posting revenue and cost of sales journals. They will support the sales and finance teams, assist in cash collection, and ensure adherence to financial processes.
Summary Generated by Built In

The Role:

The Commercial Accountant will be responsible for the day-to-day operation of the finance elements of the order-to-cash (O2C) process. They will be responsible for raising invoices, credit control, and the posting of Revenue and Gross Margin journals. 

They will be a first point of contact in Finance for the Sales and Customer Excellence functions and support the Financial Reporting Manager (FRM) in partnering with those functions to deliver the business’ goals.

Although they have no formal management responsibility, it is expected that the CSA will be a positive role model to the Accounts Assistants and assist in their coaching & development.

Please note that this is a 12-month fixed-term contract, to cover maternity leave. 

This is a hybrid role, with a requirement to be onsite at our Oxford offices Tuesday, Wednesday and Thursday where possible. 

Primary responsibilities for this role include:

Accounts Receivable (AR) and Credit Control

  • Raising invoices from sales orders upon fulfilment of orders, including prompt processing at month-end to meet month-end close deadlines
  • Raising credit notes when required and ensuring they’re appropriately matched to invoices.
  • Management of the AR inbox, responding to queries and invoicing issues promptly.
  • Assist the Accounts Assistants to ensure cash received is appropriately allocated to customer invoices.
  • Maintain the AR ledgers, including month end reconciliation of the AR balance to the trial balance, investigating and resolving differences.
  • Responsible for cash collection by chasing customers for timely payments and issuing dunning letters as required.
  • Production of weekly ageing reports with commentary.
  • Management of “on hold” customers, notifying the Sales, Customer Excellence and Logistics teams and working with them to resolve issues, assisted by the FRM in more complex instances.

Revenue and Gross Margin

  • Responsible for raising and posting all Revenue and Cost of Sales journals.
  • Use Netsuite to identify missing Revenue and Cost of Sales postings and work with Customer Excellence and Logistics to resolve issues where there are missing delivery and SAT dates.
  • Prepare deferred revenue and expense balance sheet reconciliations, identifying and resolving reconciling items identified by the reconciliation.
  • Support the FRM in delivering the monthly Revenue and Gross Margin and assist in investigating and understanding variances to budget.

Other O2C process:

  • Assist the Sales and Customer Excellence team to ensure sales orders are loaded and approved in Netsuite swiftly and accurately.
  • Responsible for updating and distributing bookings and backlog reporting to the business.
  • Have a strong understanding of the broader O2C process and be able to assist the business with routine queries, including assisting in the confirmation of financial details (e.g. bank letters).

We are ideally looking for someone with the following skills and experience:

  • Part ACCA or CIMA qualified required, or equivalent experience
  • Experience in accounts payable or similar roles
  • Strong process adherence and focus, with adaptability for change
  • Excellent communication, presentation, and interpersonal skills
  • Excellent planning, organisational, and a strong eye for detail
  • Professional and enthusiastic demeanour, with an eye for detail.

We know there is no such thing as the perfect candidate and that there is great value in transferrable skills, so please don’t feel you have to tick all of the above boxes to apply!

Why work for Refeyn?

Compensation and core benefits

  • We anticipate a salary between £35,000 and £45,000 for this role, depending on the candidate’s experience.
  • 25 days annual leave per year in addition to bank holidays
  • Up to 7% employer matched pension contribution
  • Private health insurance from day one plus critical illness cover, income protection and life insurance
  • Give as You Earn and Cycle to Work salary sacrifice schemes.

Family Friendly Benefits

Refeyn offers the Enjoy Benefits Nursery Scheme to employees after 3 months, and new parents can benefit from up to 17 weeks fully paid maternity, adoption and shared parental leave, 4 weeks fully paid paternity leave, plus an annual allowance for emergency childcare.

Supporting your Development

All employees receive access to Linkedin Learning which offers thousands of courses to support their personal and professional development. We also run frequent training sessions on both hard and soft skills.

Creating an Engaging Culture

Refeyn supports hybrid working where the role allows and offers flexible start and finish times. We also have a subsidised weekly lunch for onsite employees and a vibrant social calendar which includes holiday parties and midsummer festivals plus an annual team budget for managers to plan team-building activities.

Values-Led 

Refeyn is committed to celebrating each other’s differences and creating a dynamic, driven and diverse culture where everyone can flourish. We are proud to have been awarded Committed Status by the Inclusive Employers Standard in 2024 and are working hard to create a safe and empowering environment for all.

We firmly believe that there is great strength in building teams with different voices, experiences, perspectives, and backgrounds so that we can continue to share the team workload and enable our customers to succeed, and we welcome applicants from all sections of society to join us on our mission to transform analytical workflows using the power of light.


Top Skills

NetSuite
The Company
Oxford, Oxfordshire
154 Employees
On-site Workplace
Year Founded: 2018

What We Do

Refeyn, the pioneer of mass photometry, is delivering a disruptive new generation of analytical instruments that let you weigh individual molecules with light.

Mass photometry offers new possibilities to characterise the function, structural composition and dynamics of biomolecules. Refeyn instruments measure the mass of individual molecules directly in solution, rapidly, and simply, revealing the true behaviour of molecules in near-native environments, providing scientists with key information about their mass distribution.

Refeyn was spun out of Oxford University in 2018 to make mass photometry available globally. Its technology has now been rapidly adopted across academia and industry, where it is transforming biomolecular characterisation.

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