Credit Control Manager
Professional Services
London
Hybrid
£70,000+ DOE
Altum are excited to be partnering with a private equity backed professional service business in their search for a Credit Control Manager. This business is on a high growth trajectory and are seeking a Credit Control Manager to implement best practices, drive change and manage a team of four as they expand.
Key Responsibilities:
- Team Management: Lead and motivate a team of credit controllers, providing guidance, training, and support to ensure optimal performance.
- Credit Risk Assessment: Evaluate customer creditworthiness and establish appropriate credit limits to minimise risk.
- Debt Collection: Implement effective debt collection strategies, including proactive follow-up, negotiation, and legal action when necessary.
- Cash Flow Optimisation: Analyse cash flow trends and identify opportunities to improve collection processes and accelerate cash inflows.
- Reporting: Prepare regular reports on credit control activities, including key performance indicators, ageing analysis, and bad debt provisions.
- Process Improvement: Continuously review and refine credit control procedures to enhance efficiency and reduce costs.
- Customer Relationship Management: Build strong relationships with customers and internal stakeholders to foster a collaborative and supportive environment.
Qualifications and Experience:
- Bachelor's degree in Finance, Accounting, or a related field.
- Minimum 5 years of experience in credit control, with at least 2 years in a managerial role.
- Strong understanding of credit risk management principles and best practices.
- Proven ability to lead and motivate a team.