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Credit Control Manager
3 months ago
We are proud of our history and are future-focused, having expanded into new technologies through our NewLaw division, Ashurst Advance, and our consulting arm.
Our in-depth understanding of our clients and commitment to providing excellent standards of service have seen us become a trusted adviser to local and global corporates, financial institutions and governments in all areas of commercial law.
Credit Control is part of the firm's global Working Capital team and is based in Glasgow.The Credit Control Manager will be responsible for managing and supporting the credit control team in Glasgow, whilst collaborating with other local working capital teams to deliver exceptional client service to stakeholders.
Facilitate the timely payment of amounts due and payable for the supply of legal services, with a view to reducing debt levels, aged debt and potential losses.
A key focus will be to ensure effective collection of payments of outstanding legal bills, meeting cash collection and aged debt targets, regularly liaising with relevant partners, business managers, finance managers to discuss progress.
Manage and motivate a team of Credit Control specialists to continually achieve agreed collection and aged debt targets with a focus on reduction in debtor days.
Proactively engage with key stakeholders to deliver the firm's financial goals.Manage the teams Debtor portfolio, ensuring timely invoice collection.
Collaborate with partners, fee earners, and finance teams to review, manage, and monitor Debtor balances.
Provide insightful, data-driven reports and forecasts to senior leadership on Debtor status and potential risk areas.
In conjunction with the Global Credit Control Manager, establish service level agreements for all processes and manage service delivery such as to achieve defined service levels.
In conjunction with Credit Control team, identify accounts with a bad debt risk and ensure that appropriate action is taken to minimise that risk.
Proactively support transformation projects through SME support.Establish positive working relationships with key stakeholders and maintain regular contact responding to feedback and performance issues in a timely manner.
Be a role model of the ASC Ways of Working in line with documented requirements, promoting and embedding the ethos and culture across the team, including meeting KPIs, to maximise quality and accuracy of outputs whilst monitoring feedback to inform improvements in process and performance.
Address in a diligent and timely manner all inquiries and special projects from management.Proactively monitor the market for the latest thought leadership and best practice to allow us to be market leaders in our credit control offering and build a strong recruitment brand.
Promote diversity across the team including steps to progress towards meeting the Firm's diversity targets through participation in local groups and events.
Undertake any other ad hoc duties/projects as required by the Global Credit Control Manager.Risk and Control:
Ensure that all activities and duties are carried out in full compliance with our regulatory requirements and internal policies.
Minimum of 5 years' experience of credit control management preferably in a legal or professional services environment.Proven experience in developing and implementing credit control policies and procedures.
Strong global commercial awareness and understanding of client needs.
Strong MS Excel skills.
In order to comply with regulatory and client requirements, Ashurst will undertake appropriate vetting of staff. These checks are only undertaken with consent, and in accordance with our legal and regulatory obligations.
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