Our client is looking for a dedicated and experienced Credit Controller to join their dynamic finance team. The Credit Controller is responsible for managing company credit and ensuring the timely recovery of outstanding debts to maintain healthy cash flow. The successful candidate will assess customer credit risk, manage credit limits, and actively follow up on overdue invoices. This role requires strong analytical abilities, excellent communication skills, and a proactive approach to debt recovery, ensuring alignment with UK financial regulations and best practices.
Key Responsibilities
Assess customer creditworthiness by analysing financial statements, credit reports, and payment histories.
Set and regularly review customer credit limits in accordance with company policies.
Monitor accounts to identify potential risks and ensure timely payments.
Contact customers via phone, email, or letter to follow up on overdue invoices.
Negotiate payment plans and settlements that are in line with company policy.
Escalate chronic or problematic cases to the Credit Manager for further action.
Maintain accurate records of all credit transactions and communications in the company’s financial systems.
Prepare regular reports detailing outstanding debts, payment trends, and collection activities.
Provide insights and recommendations to management to help optimise the credit control process....