At a Glance
- Tasks: Manage credit accounts, ensure timely payments, and collaborate with teams to resolve payment issues.
- Company: Ignition Technology delivers innovative IT security and networking solutions, focusing on Software, Cloud, and SaaS.
- Benefits: Enjoy 24 days holiday, hybrid work, gym access, free parking, and social events.
- Why this job: Join a supportive team, gain valuable experience, and make an impact in finance and credit control.
- Qualifications: Experience in credit control, SAP B1 knowledge, and proficiency in Microsoft Office required.
- Other info: Entry-level position with opportunities for growth in a dynamic tech environment.
The predicted salary is between 28800 - 43200 £ per year.
Join to apply for the Credit Control role at Ignition Technology . Get AI-powered advice on this job and more exclusive features. This is a blended role of Credit Control and Accounts Receivable, managing the company\’s credit accounts and ensuring clients pay their outstanding balances on time, while managing incoming payments and ensuring all receivables are accurately recorded and collected promptly. Responsibilities include invoicing customers, tracking payments, reconciling accounts, and collaborating with other departments to resolve payment issues. Ignition Technology specializes in the discovery and distribution of innovative IT security and networking solutions, focusing on Software, Cloud, and SaaS-based solutions. Our Benefits: 24 days holidays, increasing with service Pay Care Scheme Workplace Pension Hybrid working environment Gym and café on site Free parking Drinks and snacks in the office and social events Supportive and engaging working environment As the Credit Controller, you will: Credit Control Duties: Monitor outstanding customer balances and ensure timely payments. Review aging reports to identify overdue accounts. Escalate overdue balances to the Finance Manager for further action. Contact clients via phone and email to remind them of overdue payments and discuss credit options. Negotiate payment plans with clients facing financial difficulties. Evaluate creditworthiness of new and existing customers, obtaining approvals from relevant managers. Propose credit limits based on credit history and financial status, using credit agency data. Risk Management: Assess bad debt risks and recommend actions such as suspending accounts or stopping supply to customers with poor payment records. Collaborate with sales and finance teams to resolve payment disputes and improve cash collection. Accounts Receivable Duties: Create and send accurate invoices based on sales agreements. Monitor and record incoming payments accurately. Reconcile customer accounts and resolve discrepancies. Address customer inquiries regarding billing and payments. Prepare and analyze aging reports to manage overdue accounts. Generate reports on accounts receivable status, collections, and risks. Import & Export Management: Assist with shipping of hardware and arrange deliveries. Communicate delivery dates to resellers. Compliance and Documentation: Ensure compliance with policies and regulations. Maintain organized records of receivables and communications. Onboard new vendors and customers onto the portal. Prepare schedules and journals for month-end closing. Prepare VAT returns and review weekly revenue figures. Collaborate with marketing on campaign funding and costs. Assist with Accounts Payable payments. Essential Skills and Experience: SAP B1 experience. Experience in credit control within a corporate environment. Confident telephone manner. Ability to work independently and in a team. High accuracy and organizational skills. Proficiency in Microsoft Office, especially Excel. Proactive, process-oriented, and able to use initiative. Seniority level Entry level Employment type Full-time Job function Accounting/Auditing and Finance Industries Computer and Network Security #J-18808-Ljbffr
Credit Control employer: Ignition Technology
Contact Detail:
Ignition Technology Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Credit Control
✨Tip Number 1
Familiarise yourself with SAP B1, as it's a key requirement for the Credit Control role. Consider taking an online course or tutorial to boost your confidence and demonstrate your commitment to mastering this software.
✨Tip Number 2
Brush up on your communication skills, especially over the phone and via email. Practice how you would approach clients about overdue payments, as a confident and professional manner can make a significant difference in negotiations.
✨Tip Number 3
Gain a solid understanding of credit control processes and risk management strategies. Research common practices in the industry to show that you're proactive and knowledgeable during interviews.
✨Tip Number 4
Network with professionals in the finance and accounting sectors, particularly those who work in credit control. Attend relevant events or join online forums to gain insights and potentially get referrals that could help you land the job.
We think you need these skills to ace Credit Control
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in credit control and accounts receivable. Emphasise your skills in managing customer balances, invoicing, and reconciling accounts, as these are key responsibilities for the role.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of Ignition Technology's focus on IT security and networking solutions. Mention specific experiences that demonstrate your ability to manage credit accounts and resolve payment issues effectively.
Highlight Relevant Skills: In your application, clearly outline your proficiency in SAP B1 and Microsoft Office, particularly Excel. These technical skills are essential for the role and should be prominently featured.
Showcase Your Communication Skills: Since the role involves contacting clients and negotiating payment plans, highlight your confident telephone manner and ability to work collaboratively with other departments. Provide examples of how you've successfully resolved disputes or improved cash collection in previous roles.
How to prepare for a job interview at Ignition Technology
✨Know Your Numbers
Familiarise yourself with key financial metrics and concepts related to credit control and accounts receivable. Be prepared to discuss how you would manage outstanding balances and what strategies you might employ to ensure timely payments.
✨Demonstrate Communication Skills
Since the role involves contacting clients about overdue payments, practice articulating your thoughts clearly and confidently. Prepare examples of how you've successfully resolved payment disputes or negotiated payment plans in the past.
✨Showcase Your Technical Skills
Highlight your experience with SAP B1 and Microsoft Excel during the interview. Be ready to discuss how you've used these tools to track payments, reconcile accounts, and generate reports in previous roles.
✨Prepare for Scenario Questions
Anticipate questions that may ask how you would handle specific situations, such as dealing with a difficult client or assessing creditworthiness. Think through your responses and be ready to explain your thought process and decision-making.