Credit Controller
£28,000 - £30,000
NG22, Nottingham
Monday – Friday 8:30am – 5:00pm
Looking for someone to start asap
Purpose
This role plays a critical role in safeguarding the company’s financial health and enabling continued growth within the industry.
The core purpose is to maximise working capital efficiency by ensuring the prompt and secure collection of payments, while managing the risk associated with complex, high-value B2B projects and trade accounts.
This role is essential for minimising bad debt exposure, especially during the onboarding of new clients.
Responsibilities
Proactively manage and collect outstanding debts from a small, high value, and strategically important client portfolio, focusing on relationship preservation and complex debt resolution
Efficiently handle the high volume low value debt ledger and also high value low volume
Conduct comprehensive and detailed financial risk assessments on all potential new high value clients, analysing financial statements, credit reports and market intelligence to determine appropriate credit limits and terms
Own the end to end credit onboarding process for strategic accounts, ensuring accurate documentation, negotiating payment terms and setting up accounts strictly in line with credit policy
Negotiate complex payment plans and resolve high level disputes directly with senior stakeholders for large accounts, while managing the efficient and timely resolution of lower value queries
Monitor both ledgers for early warning indicators of financial distress and promptly implement necessary corrective or escalated collection actions
Drive continuous improvement in the high volume collection process by identifying opportunities to streamline workflows and enhance system utilisation to improve efficiency and accuracy
Person Specification
Direct experience in a Credit Control or dedicated debt collection role
Experience with a variety of accounting software packages reporting).
Understanding of credit control procedures, financial reporting and the principles of managing an aged debtor ledger
Experience dealing with internal and external customer/client relationships regarding financial matters
Knowledge of relevant legal regulations regarding debt collection and credit agreements