Senior Credit Controller

2 weeks ago


Derby, United Kingdom Business Finance Solutions Limited Full time

Role Profile
Job Title: Senior Credit Controller
Reporting to: Commercial Director

Role Description

In this office based role, the Senior Credit Controller will be responsible for meeting internal cash collection targets, and the servicing of our external client’s cash collection targets.

This will incorporate the following:
- 1. Responsibility for timely Debt Collection, thus keeping Debtor Days to a minimum expected level

2. Assist in the development of new efficient and streamlined Credit Control processes

3. Working with the Commercial Director on production of Cash collection KPIs, and driving internal and external review meetings on a weekly basis

4. Evaluation of new credit requests
5. Processing invoice queries, including escalating and reporting to the legal team action required.

The role is anticipated to develop into the management of an internal team as the business expands and will become more client facing as the external client base develops.

Key Responsibilities
- Works with minimum direction on collections for all Internal Group companies
- Anticipates developments and identifies accounts that require special attention
- Handles disputed accounts and negotiates to bring payment within agreed payment terms
- Undertakes reconciliations and compiles documentation for legal action
- Applies and reviews credit limits to live accounts.
- Weekly review of accrued revenue, ensuring queries are addressed and resolved to ensure timely invoicing
- Overseeing of daily bank and aged receivables reconciliation
- Make adjustments, handles queries and resolves problems within the company guidelines and policies, working with the Group Compliance Manager
- Ensure all overdue debts are promptly identified and suitably dealt with
- Uses own initiative to achieve targeted results whilst promoting customer goodwill
- Recognizes any irrecoverable debts and assists the Management Accountant in maintaining an accurate and realistic Bad Debt Provision
- Obtains sufficient information to assess the creditworthiness of new and existing customers
- Regularly reviews current practices and processes continuously seeking improvements and implementing changes to improve the computerized ledger system

Skills and Knowledge
- Knowledge of Invoice Discounting and Factoring systems
- Experience with Xero and other relevant cloud accounting software
- Strong communication skills, particularly with external clients
- Team Building & Management skills
- Experience in conflict resolution
- Ability to be patient, calm, and able to work under pressure
- Accuracy and attention to detail
- Multi-tasking abilities & excellent organisational skills
- Ability to prioritise
- Ensure a high level of service to meet client expectations.

Salary:
Salary band £25,000 - £28,000 + 10% discretionary annual bonus based on experience

**Salary**: £25,000.00-£28,000.00 per year

**Benefits**:

- On-site parking

Schedule:

- 8 hour shift
- Monday to Friday

Supplemental pay types:

- Yearly bonus

Ability to commute/relocate:

- DERBY: reliably commute or plan to relocate before starting work (required)

**Experience**:

- accounting: 1 year (preferred)
- credit control: 3 years (preferred)

Work Location: One location

Application deadline: 18/02/2023
Reference ID: CDSCC100123
Expected start date: 28/02/2023


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