Credit Risk Manager Position Overview:
I am looking to speak with experienced and results-driven Credit Risk Manager. This role is pivotal in overseeing and coordinating all credit control activities, ensuring timely customer payments, and maintaining robust credit risk management practices. If you thrive in a challenging environment and are passionate about driving financial efficiency, this role is perfect for you.
Company Background:
This rapidly growing company now employs over 600+ people across 5 locations in the UK and Ireland. Their turnover in Financial Year was in excess of £520M. They work with SMEs, corporates, and public sector organizations to modernize and digitally transform their IT infrastructures. The company invests in employees through ongoing support, training, and advice to help them achieve their career aspirations, rewarding success both financially and personally. There is opportunity to grow and move internally, demonstrated by long-standing employees who have developed new skills to advance into senior positions, creating space for new team members to begin their journey.
Key Responsibilities:
- Leadership in Credit Control: Manage processes involving company administrators and Individual Voluntary Arrangements (IVAs) with expertise and precision.
- Innovative Process Improvement: Spearhead enhancements in cash collection, allocation, and customer query management, driving continuous improvement.
- Compliance & Best Practices: Maintain and enhance procedural documentation, ensuring full compliance with legislation and industry best practices.
- Maximize Cash Collection: Implement strategies to boost cash collection activities and significantly reduce bad debt exposure.
- Sales & Risk Optimization: Collaborate with Sales teams to optimize sales while managing bad debt risk effectively.
- Insightful Reporting: Deliver detailed monthly and weekly reports to the Financial Controller and Senior Leadership Team, providing valuable insights.
- Audit Excellence: Play a key role in supporting internal and external audit processes.
- Risk Management Expertise: Review, enhance, and implement risk management policies and protocols.
- Team Development: Cultivate a high-performing team through regular appraisals, objective setting, and ongoing support.
- Efficient Workload Management: Ensure effective workload allocation and management within the team.
- KPI Excellence: Monitor and review team KPIs to drive performance.
- Proactive Performance Management: Address performance issues promptly and with sensitivity.
- Effective Communication: Facilitate clear and effective communication within the team.
- Customer-Centric Negotiations: Negotiate payment plans with customers and resolve escalated queries professionally.
- Debt Risk Insurance: Utilize your experience in managing debt risk insurance.
Collaboration:
Internal:
- Engage with Sales, Sales Support, MS Operations, MS Licensing, Rebates, Legal, Development, and IT teams to drive success.
External:
- Build strong relationships with Auditors, Customers, Suppliers, and Vendors.
Qualifications & Experience:
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Education: GCSE passes with a minimum of A - C in maths; AAT/ACCA/CIMA Qualification ESSENTIAL.
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Experience: At least 5 years in Credit Control ESSENTIAL.
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Skills:
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Proven team management experience.
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Expertise in developing and implementing new credit control processes and policies.
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Distribution and vendor experience.
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Advanced Excel proficiency.
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Exceptional organizational skills with the ability to prioritize and meet deadlines.
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Strong written and verbal communication skills, particularly in customer negotiations.
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Proven credit analysis experience with the ability to interpret financial accounts.
Success Measures:
- Average Debtor Days: Maintain at 40 or below, showcasing your efficiency.
- Team Collaboration: Foster a collaborative finance team environment for optimal results.
- Regulatory Compliance: Ensure the finance department adheres to all accounting regulations.
I will be meeting with the hiring manager on monday and look to make introdctions accordingly. If this is for you, apply asap and I will look at booking a call this week.
Because education matters. Dovetail and Slate Limited (11351060) acts as an Employment Agency.