Credit Manager

Posted 15 May 2024
Salary £40000 - £50000 per annum + Hybrid working after probation
LocationCity of London
Job type Permanent
Discipline Accounting & Finance
Contact NameJoanna Engel

Job description

Global Organisation seeks an experienced Credit Control Manager to take control of the Credit Control function, the role will report into the Group Finance Director and be part of the UK shared services.

The Credit Control Manager will support the continued development and implementation of the overriding cash collection processes and related reporting framework. The Credit Control Manager will lead on the mitigation of credit control risk and will work effectively with senior management to ensure the timely collection of debt from external clients.
This interesting role would suit an individual looking to develop their career in a unique and progressive environment.
Duties of the Credit Control Manager:

  • Managing the end-to-end credit control process.
  • Ensuring efficient and appropriate credit control and management control processes are in place.
  • Posting and allocating customer payments.
  • Producing client statements, sending reminders.
  • Contacting clients by telephone, email, and post.
  • Managing write-offs, bad debt provisions in conjunction with the Financial Controller.
  • Reviewing and reporting on aged debtors.
  • Providing monthly reports to senior management on status of aged debt.
  • Manage credit checking process.
  • Working closely with senior management to understand the nature of each project and how best to manage the collection of debt.
  • Identify improvements to the  debt collection process.

The individual will have a background of working as a Credit Controller, ideally within a financial accounting function in a professional services/project-based environment and be used to meeting deadlines whilst maintaining attention to detail.

Requirements for the Credit Control Manager

  • 5 to 10 years of working experience as a Credit Controller managing end-to-end credit control and accounts receivable processes.
  • Strong written and verbal communications skills.
  • Be prepared to present the aged debt position at fortnightly credit control review meetings with  senior management.
  • Able to work independently and proactively in an efficient manner.
  • Good understanding of project orientated businesses.
  • Contribute to and lead, where necessary, on the development of systems, control processes and risk management arrangements that comply with both internal and external governance and best practice requirements.
  • Recommend and implement  changes to processes where appropriate.
  • Produce financial and management information on an ad-hoc basis as and when required.
  • First class communication skills are absolutely essential to be successful in this role.
  • Working knowledge of  Microsoft Dynamics 365 Business Central or Sidetrade would be an advantage.

Benefits include hybrid working, bonus and pension. First 3 months 5 days in the office, hybrid working after this.