Job Description

Credit Controller

Petersfield

Permanent

The credit control team is part of the finance department of a large business which is located at the head office in Petersfield. As part of a team of 4 you will be responsible for credit control of the (invoice, application and Service) sales ledger (£10m/400 accounts). Previous experience of 2 years or more in a relevant role is required and ideally within construction/contracting industry.

Duties will include

• Allocation of cash on a daily basis.
• Raise manual VAT invoices & return self-billing receipts.
• Maintain meaningful chase notes on the Baan system.
• Process new customer accounts/orders.
• Escalation of overdue payments to legal action.
• Order credit reports.
• Evaluate all new orders within 48 hours of receipt.
• Where appropriate, authorise credit for new orders in accordance with the authority levels.
• Set/maintain/monitor credit limits.
• Devise and agree payment plans for higher risk clients .
• Identify emerging credit risk situations and mitigate with appropriate action plans.
• Seek to meet daily/weekly/monthly/annual cash collection targets and debt profile metrics
• Recovery of retention balances in line with contractual obligations.
• Ensure the effective allocation of cash receipts on a daily basis.
• Manage the self-billing VAT invoice process.
• Ensure that ledger discrepancies are eliminated in a timely manner.
• Maintain close links with Finance and Commercial
• teams/management for earliest awareness of credit risk issues.
• Attend meetings and provide input into debtor reviews as required.
• Adhere credit control to month end timetables and deadlines.
• Continuous improvement of credit control processes, procedures and controls.

Working Hours

Full Time: Monday to Friday – Office hours

Can be hybrid working for 2 days per week after completion of probation period.

Salary

Up to £25,000.00 depending on experience