Credit Manager

5 days ago


Fareham, United Kingdom CMA Recruitment Group Full time

Manufacturing and Distribution Group based in Fareham, Hampshire, has a requirement for an experienced Credit Manager to deliver robust controls and continuous improvement to the Credit Control function of the business.A highly strategic role, applicantswill need to possess a high level of leadership with the ability to work collaboratively with key stakeholders throughout the business to ensure that the department delivers the right solutions to support the long-term commercial aims of the business.

**What will the role involve?**

Reporting to the Finance Director, the key responsibilities of the Credit Manager role will include:

- Review of existing processes to enable the development and improvement of collection in a high volume low value debt environment;
- Ensuring both the integrity of the ledger and ageing profile of the ledger remains within the required parameters;
- Oversee a team of circa 15 credit control advisors, with direct line management of 4;
- Reduce overall debt levels via ensuring effective debt collection and take preventative action to avoid further debt / arrears and minimising the impact of Bad Debts;
- Review and implementation of KPI’s focussing on key areas including debtor days, percentage of overdue debt, cashflow forecast and variance analysis;
- Own and deliver an improvement in key KPIs, reduction in debtor days, percentage of overdue debt, cashflow forecast and variance analysis;
- Liaise with BI and data team in the management of operational reports for different stakeholders that are actionable and easy to understand;
- Ensure reduction of overall debt levels via effective debt collection and take preventative action to avoid further debt and arrears and minimising the impact of Bad Debts;
- Lead team meetings, setting both short and long term team objectives that are clear and understood by all team members.
- Applicants for the position will ideally be ICM qualified with previous experience of working as a Credit Manager and a proven track record of motivating and developing teams within a high volume, low value business;
- Demonstrable track record of identifying solutions for new initiative to drive a culture of continuous improvement.

**Additional information**:

- On offer is a highly competitive package and the opportunity to build a long term career with a business that is experiencing a period of growth and improvement;



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