Manage and organize accounts receivable, ensuring timely customer payments and minimizing bad debts to maintain a healthy cash flow.
KEY DUTIES
* Assessing customer credit worthiness
* Setting credit limits
* Chasing overdue invoices via phone/ email/ letter
* Resolving billing disputes
* Reconciling accounts
* Input of cash from the bank
KEY RESPONCIBILITES AND DUTIES
* Debt Collection - Proactively chase overdue payments via telephone, email and letter ensuring timely payment of invoices.
* Credit Risk Assessment - Evaluate new and existing customer credit ratings, setting and reviewing credit limits to minimise financial risk, using an on- line platform to obtain credit reports.
* Negotiation – negotiate payment plans with clients and manage disputes or query resolution
* Reporting – Produce regular aged debt reports for management and highlight potential debtor issues
* Compliance – Ensure all credit activities comply with company policy and legal regulations, including initiating legal proceedings if necessary.
* Litigation process – Understand the litigation process in order to process debts through courts.
* Excel – Knowledge of excel and spreadsheet
* Rebate allocation – Use of an outside platform to monitor and record payments from suppliers
* Attend monthly meeting with other merchants to discuss slow paying customers
SKILLS
* Communication – Strong negotiation and interpersonal skills for client contact
* Technical proficiency – Excellent numerical skills and experience with accounting software – Bistrack and Kinetic financials
* Analytical skills – ability to analyse financial data and access credit risk
* Organization – strong attention to detail and ability to handle high volume , time sensitive tasks
* Experience – previous experience in Credit Control, accounts receivable or a customer facing financial role required
Salary description
£29000.00 - £29000.00 per year