___________________
____________________
_______________________
_______________________
________________________
____________________
_______________________
______________________
____________________
_______________________
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.
Portfolio Credit Control are currently partnered with a well-established business who sit within the energy sector, this reputable company are currently looking to organically grow the Credit Control function with a personable, enthusiastic and well-organised Credit Controller who is looking to join a business who can offer longevity, stability and the opportunity to boost your earnings with a bonus scheme which can potentially earn you another £3,600 per year on top of your basic salary! Key Responsibilities Responsibility for a portfolio of customer accounts focussing on collectable debt to meet cash targets Requirement to learn credit control processes for all our business operations with secondment to cover absent staff in any team when required Learn the basics of legal action recoveries to securing County Court Judgment (CCJ) and enforcement methods Seek every opportunity to transfer customers onto direct debit payments Authorising release of orders where credit limits have been exceeded or accounts have been placed "on stop" (in accordance with pre-determined approval guidelines) Requesting credit limit increases and customer refunds where appropriate, in line with the approval matrix Work from Debt Management Tools & campaign tasks, or tasks generated from the automated dunning process Completing Tasks in a timely manner in accordance with set deadlines Taking ownership of queries raised and liaise with other departments to resolve Weekly account reconciliations to minimize unallocated cash Placing accounts on stop and referring delinquent debts for legal collection where viable Basic complaints handling Occasional Saturday working opportunities in winter months on a rota basis 1 in 10 (paid at time and a half) Your Performance will be measured by reference to targets set around the following: Timely and accurate completion of the above responsibilities Annual objectives which will include KPI's: Aged debt and unallocated cash/credit reduction Bad Debt provision referrals Queries resolution Task clearances / management This job description is for guidance purposes and the role holder will be expected to do any other tasks as is reasonably expected of them. For more information reach out directly to Brandon 47433BR INDCC