Credit Controller
2 weeks ago
**Credit Controller - Permanent, Canary Wharf**
**Hours**: 40 per week, 08.30am - 17.30pm Monday to Friday
**Salary**: £35,000 to £45,000 per annum dependant on skills & experience
**Duties & Responsibilities**
The Credit Controllers key responsibilities include being responsible for the efficient management of service charge debts owed, overseeing the various operations required to resolve debt repayment and introducing systems and procedures to enable the efficient collection of outstanding debts.
- Maintaining regular contact with clients to ensure proper management of debt.
- Develop close relationships with significant clients (e.g. Housing Associations, Commercial tenants) to ensure efficient collection of outstanding debts
- Overseeing the issuing of statements to debtors on a regular basis or as required
- Ensure cash collection targets and aged debt targets are met
- Using professional judgement to identify potential bad debts at an early stage and taking the appropriate action to correct the situation
- Negotiating with debtors to ensure extended credit terms are appropriately managed and monitored.
- Taking active steps to ensure that debtor ledgers are properly maintained including the monitoring of unallocated cash and credit notes.
- Keeping an accurate record of debt chasing activities to support any decisions made to refer debtors for legal recovery
- To prepare regular reports to management clearly detailing the outstanding debtor position and monitoring progress against cash collection targets and aged debtor ratios.
- Using professional judgement to determine when to commence legal action against a debtor and liaising with internal and external legal teams.
- Develop relationships and processes with 3rd party dept collection agencies to assist in debt collection. Manage these relationships and ensure all reporting is complied to give a collective view to business.
- Working with legal teams and other third-party agencies to recover long term debts
- Report to management on bad debt write offs and any provisions required for bad or doubtful debts
**Skills & Experience**
- Numeracy, professional judgment and good communication skills. Experience of negotiating with key clients would also be an advantage
- More than 5 years experience of credit control gained in a substantial commercial organisation. Experience of credit control management gained with a residential managing agent would be an advantage
- An understanding of leasehold law and the impact of legislation on the recovery of lessee debt would be an advantage
- Expected to demonstrate professional behaviour in all involvements with external stakeholders.
We operate as an equal opportunities employer.
**Job Types**: Full-time, Permanent
**Salary**: £35,000.00-£45,000.00 per year
**Benefits**:
- Company pension
- Referral programme
Schedule:
- 8 hour shift
- Monday to Friday
Ability to commute/relocate:
- London: reliably commute or plan to relocate before starting work (required)
**Experience**:
- credit control: 4 years (preferred)
Work Location: In person
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