Credit Control Manager

Job Role: Credit Control Manager
Location: Loughborough
Salary: £34-40k Per Annum (DOE)

Benefits:Onsite parking, Company pension, Life insurance, Sick Pay, Wellness programme, Company Bonus Scheme and 25 Days holiday +bank holidays

The Candidate:

We are looking for an organised and proactive Credit Control Managerto join our finance team. The Credit Control Manager will lead and manage the Credit Control operations of the organization. Key responsibilities include supervising the Credit Control team, ensuring the prompt collection of overdue payments, evaluating clients' creditworthiness, and fostering positive client relationships.

Candidates wishing to apply for the role should have:

• Minimum of 3 years' experience in a Credit Control role, ideally in a managerial position.
• In-depth understanding of credit management procedures and industry standards.
• Familiarity with the Direct Debit scheme.
• Knowledgeable about General Data Protection Regulation (GDPR) compliance.
• Proven leadership and team coordination capabilities.
• Outstanding communication and negotiation skills.
• Competence with accounting software and Microsoft Office Suite, particularly Excel.
• CICM qualification is advantageous.
• Experience with Microsoft Dynamics is a plus

Credit Controller Responsibilities:

Credit Control Operations:

• Oversee billing and Direct Debit collections.
• Manage debt collection and credit policies.
• Adjust customer credit limits and terms.

Debt Collection:

• Ensure timely receivables collection.
• Resolve payment issues.
• Minimize bad debts and improve cash flow.

Credit Assessment:

• Evaluate customer creditworthiness.
• Perform credit checks and financial analysis.
• Recommend credit terms based on risk.

Reporting and Analysis:

• Generate reports on debts and credit risk.
• Analyse performance and suggest improvements.
• Provide insights to senior management.

Compliance and Risk Management:

• Ensure regulatory compliance.
• Implement credit risk controls.
• Stay updated on industry practices and regulations.