Financial Controller

3 days ago


Rawalpindi Cantonment, Pakistan Translation Empire PK Full time
Job Description

The Financial Controller will be responsible for providing a proactive and effective credit control service across the business, liaising with internal departments and external customers. The role involves collecting aged debt, reporting, and reducing debtor days.

Main Responsibilities
  1. Chase outstanding debts via telephone, email, and letter for payment of invoices that are due/overdue.
  2. Ensure that debts are paid in a timely manner.
  3. Verify payment remittances received against bank accounts to ensure accuracy.
  4. Post and allocate daily customer payments, cheques, BACS, and credit cards, adhering to daily timelines.
  5. Reconcile and allocate payments received on Sage and LE systems daily.
  6. Perform other duties related to the Finance Department as reasonably required.

Cash Collection Targets
  1. All consolidated invoices must be paid within 30 days - 100% target.
  2. Contractual terms require payments from customers within 28-30 days from invoice issuance.
  3. Example: consolidated March 23 invoices sent on April 3, 2023, should be paid by May 3, 2023.

Credit Control Administration
  1. Assist team members with month-end allocations and report setup for customers.
  2. Maintain accurate customer details, including phone numbers, contact names, email addresses, and postal addresses.
  3. Send monthly client statements or letters as agreed upon.
  4. Record all customer interactions accurately.
  5. Identify changes in customer payment patterns that may indicate concerns.
  6. Resolve allocation differences with customers.
  7. Review and escalate accounts not meeting deadlines and terms.
  8. Follow established credit control procedures, including month-end and year-end processes.


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