Role: Credit Controller
Location: Wakefield
Salary: £25-30k
The Credit Controller is responsible for managing the company's credit accounts, ensuring timely payment of invoices, reducing the risk of bad debt, and maintaining positive cash flow.
This role requires strong analytical skills, excellent communication, and a proactive approach to cash collections and credit management.
Key responsibilities;
- Actively chase outstanding invoices to ensure timely payment.
- Implement effective strategies and tactics to maximise cash collections.
- Maintain and develop a schedule for proactive follow-ups on pending invoices.
- Anticipate potential payment delays and address issues before they become significant problems.
- Utilise automated systems and reminders to streamline the chasing process.
- Follow up on overdue invoices by telephone, email, and letter within agreed timescales.
- Ensure all payments are accurately recorded and allocated in the system.
- Assess creditworthiness of potential and existing customers using external credit checks and internal data.
- Set and monitor credit limits for new and existing customers.
- Maintain and update customer credit files with relevant information
- Implement and manage debt collection processes.
- Liaise with debt collection agencies and legal representatives where necessary.
- Negotiate repayment plans and handle disputes regarding unpaid invoices.
- Identify opportunities to streamline credit control processes and improve efficiency.
Person Specification;
- Bachelor's degree in Finance, Accounting, Business Administration, or a related field preferred.
- Relevant professional certifications (e.g., CICM) are a plus.
- Proven experience as a Credit Controller or in a similar role.
- Strong analytical and problem-solving skills.
- Excellent verbal and written communication skills.
- Ability to build and maintain relationships with clients and colleagues.
- High attention to detail and accuracy.
- Ability to work independently and manage multiple tasks effectively.
- Proactive approach to chasing payments and managing collections
- Strong organisational and time management skills.
- Resilient, proactive, and able to work under pressure.
- Discreet with the ability to handle confidential information.
If you feel the above Credit Controller vacancy matches your professional background, click apply.