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Accounts Receivable Specialist

3 months ago

Yorkshire, United Kingdom ITSS Recruitment Ltd Full time
Position Overview

Role: Accounts Receivable Specialist
Company: ITSS Recruitment Ltd
Salary: £25-30k
The Accounts Receivable Specialist plays a crucial role in overseeing the organization's credit accounts, ensuring prompt payment of invoices, mitigating the risk of unpaid debts, and sustaining a healthy cash flow.
This position demands strong analytical capabilities, exceptional communication skills, and a proactive mindset towards cash collections and credit oversight.
Key Responsibilities:

  • Proactively pursue outstanding invoices to guarantee timely payments.
  • Develop and implement effective strategies to enhance cash collection efforts.
  • Maintain a structured schedule for regular follow-ups on pending invoices.
  • Anticipate potential payment delays and resolve issues before they escalate.
  • Leverage automated systems and reminders to optimize the collection process.
  • Conduct follow-ups on overdue invoices via telephone, email, and written correspondence within established timelines.
  • Ensure accurate recording and allocation of all payments in the financial system.
  • Evaluate the creditworthiness of both potential and existing clients using external credit assessments and internal data.
  • Establish and monitor credit limits for new and existing clientele.
  • Keep customer credit files updated with pertinent information.
  • Administer and oversee debt recovery processes.
  • Collaborate with debt recovery agencies and legal representatives as necessary.
  • Negotiate repayment arrangements and address disputes concerning unpaid invoices.
  • Identify opportunities to refine credit control processes and enhance operational efficiency.
Candidate Profile:
  • A Bachelor’s degree in Finance, Accounting, Business Administration, or a related discipline is preferred.
  • Relevant professional qualifications (e.g., CICM) are advantageous.
  • Demonstrated experience as a Credit Controller or in a comparable position.
  • Strong analytical and problem-solving abilities.
  • Excellent verbal and written communication skills.
  • Capacity to foster and maintain relationships with clients and colleagues.
  • High attention to detail and precision.
  • Ability to work autonomously and manage multiple priorities effectively.
  • Proactive in pursuing payments and managing collections.
  • Strong organizational and time management skills.
  • Resilient, proactive, and capable of working under pressure.
  • Discreet with the ability to manage confidential information.
If you believe this Accounts Receivable Specialist position aligns with your professional expertise, we encourage you to explore this opportunity further.

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