Credit Controller
2 weeks ago
Job Title: Credit Controller
Location: London Office, United Kingdom
We are recruiting on behalf of our client, an esteemed international law firm headquartered in London, with a reputation for excellence and professionalism. The team of dedicated professionals is committed to providing top-tier legal services to clients around the globe. As part of the finance department, the credit control team plays a crucial role in ensuring the financial health and stability of our firm.In London, the team comprises of 63 finance professionals across a wide range of areas including management and financial accounting, transaction processing, partner accounting, tax, treasury, pricing and commercial decision support. This role will be to sit in a team of 5, comprised of a Manager, 3 credit controllers and an assistant.
Role Overview: The ideal candidate will have experience in credit control, preferably within the legal or professional services industry. While prior experience with ARCS and Aderent systems is advantageous, it is not mandatory. The successful candidate will be responsible for managing credit control functions, maintaining strong relationships with partners, and presenting financial statistics to stakeholders. This role requires a proactive and confident individual who can contribute to achieving monthly cash targets and reducing bad debt.
Key Responsibilities:
- Perform credit control duties to ensure timely payment of invoices and minimise bad debt.
- Liaise with partners and stakeholders to address payment queries and resolve outstanding issues.
- Utilize ARCS and Aderent systems to manage credit control processes efficiently (previous experience desirable but not essential).
- Monitor and report on aged debt, cash flow, and debtor performance.
- Present financial statistics and analysis to partners and senior management.
- Collaborate with the finance team to develop and implement strategies for improving cash flow and reducing debtor days.
- Maintain accurate records of communications and actions taken regarding credit control activities.
Requirements:
- Previous experience in credit control, preferably within a law firm or professional services environment.
- Strong communication and interpersonal skills, with the ability to confidently interact with partners and stakeholders.
- Proficiency in Microsoft Excel and other relevant software applications.
- Analytical mindset with a keen eye for detail.
- Ability to work independently and as part of a team, managing competing priorities effectively.
- Familiarity with ARCS and Aderent systems is advantageous but not essential.
- Proactive attitude and a commitment to meeting monthly cash targets.
Working Arrangements: This is a UK-based role with a hybrid working arrangement, consisting of 3 days in the office and 2 days working remotely from home. Our office is located in the heart of London, providing easy access to transportation links and amenities.
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