Sales ledger is a fantastic way to start your career within accounts. This is an entry level role that will give you the experience needed to progress into a more senior level finance role whether that be a Senior Sales Ledger/Team Leader or taking your first step into a junior all round accounts positions. Sales Ledger is a great first step towards a fantastic career in Accounts/Finance.
If you enjoy keeping track of your finances and are good at chasing up debt, why not turn it into a career?
What Makes a Good Sales Ledger Clerk?
It is the role of a Sales Ledger to keep a record of the sales transactions the business has made and ensure the client has been invoiced correctly and on time then monitoring payments made to the business are in line with invoices sent therefore, a Purchase Ledger must have a keen eye for detail.
Being an effective communicator is key in becoming a successful Sales Ledger as it is their responsibility to communicate with clients over the phone and via email to chase late payments and debt in like with company policy. Sales Ledgers must remain firm and persistent in order to complete this element of the job.
A good Sales Ledger will be highly organised and able to work quickly, this is a very busy role and there will be a high volume of work to get through each day varying dependant on the size of the organisation which will often be reflected in the size of the team. The administrative duties involved in the role of Purchase Ledger will make your organisational skills highly sort after.
Other Key Responsibilities of a Sales Ledger Clerk:
- Raise invoices and send to the relevant person
- Keep a record of monies in and invoices paid
- Liaise with other departments to ensure company policies are adhered to
- Liaise with clients in order to collect late payments and resolve any debt issues
- Ensure invoice information is correct and resolves any issues
- Checking VAT
- Setting up new customer accounts
- Issuing rebates
- Reconciling bank statements
A Sales ledger will need to be computer literate and often employers are looking for candidates that are proficient with Microsoft Excel, it isn’t always required but we would advise brushing up on your Excel knowledge in order to be more marketable and will aide in the progression of your financial career. There are some excellent online courses, here is one of our favourites - http://bit.ly/2D0QxQz
After a number of years of experience working in a Ledger role one, the natural route of progression would be to move into a Finance Assistant / Accounts Assistant position and with that in mind we would recommend thinking about ways to promote your progression with professional accounting qualifications and a great starting point is to look at enrolling on an AAT course. Employers will look for this qualification as it will show a greater understanding and capability within all round accounts. There are many ways to study for your AAT alongside your current day to day schedule, take a look at their website here - https://www.aat.org.uk/studyaat
A Sales Ledger’s average annual salary in the East Midlands - £17-19k however this may vary depending on the organisation.