
Credit Controller Specialist
20 hours ago
About the Role
We are seeking a highly skilled Credit Controller to join our team. As a key member of our finance department, you will be responsible for providing professional and proactive credit control across the business.
Key Responsibilities
- Chase outstanding debts via telephone and email for payment of invoices that are due or overdue.
- Ensure that debts are paid in a timely manner.
- Verify payment remittances against bank accounts to ensure accuracy.
- Allocate and post daily customer payments, cheques, BACS, and credit cards within tight deadlines.
- Reconcile and allocate payments received on our financial systems daily.
- Perform other duties as reasonably required by the Finance Department.
Cash Collection Targets
- All month-end consolidated invoices must be paid within 30 days - 100% target.
- Contractual terms with customers require payment within 28-30 days from invoice date.
- For example, consolidated invoices sent out in April should be paid by May 3rd at the latest.
Credit Control Administration
- Assist colleagues as needed, including month-end allocations and report setup.
- Ensure customer information is accurate and up-to-date, including contact details.
- Send monthly client statements/letters as agreed upon.
- Maintain records of all customer interactions.
- Identify trends in customers' payment patterns that may indicate concern.
- Resolve allocation discrepancies with customers.
- Review and escalate accounts not meeting deadlines and terms.
- Follow established credit control procedures, including month-end and year-end processes.
Relationship Building
- Discuss and reconcile overdue invoices with customers to understand reasons for non-payment.
- Work with customers to find solutions for repeated late payments.
- Closely collaborate with the Contract Management Team to address unpaid debts.
- Foster positive relationships with internal departments to resolve invoicing queries and accounting issues.
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