At a Glance
- Tasks: Collect outstanding debts through calls and emails while building strong client relationships.
- Company: Join Ballymore, a leading property management firm with a commitment to equality.
- Benefits: Enjoy a competitive salary, flexible work options, and opportunities for professional growth.
- Other info: Work in a dynamic environment with potential for career advancement.
- Why this job: Make a real impact in financial management while developing valuable negotiation skills.
- Qualifications: Experience in credit control and strong communication skills are essential.
The predicted salary is between 36000 - 44000 £ per year.
- Senior Credit Control Analyst - Permanent, Canary Wharf
- Work from home: Once per week (Friday)
Duties & Responsibilities
- Active collection of outstanding debts through calls, emails or letters, notifying debtors of overdue invoices and encouraging them to pay.
- Maintaining regular contact with clients to ensure proper management of debt.
- Develop close relationships with significant clients (e. g. Housing Associations, Commercial tenants) to ensure efficient collection of outstanding debts.
- Overseeing the issuing of statements to debtors on a regular basis or as required.
- Ensure cash collection targets and aged debt targets are met.
- Gather sufficient data to make referrals to debt collection agencies, and follow procedures.
- Using professional judgement to identify potential bad debts at an early stage and taking the appropriate action to address the situation
- Negotiating with debtors to ensure extended credit terms are appropriately managed and monitored.
- Taking active steps to ensure that debtor ledgers are properly maintained including the monitoring of unallocated cash and credit notes.
- Keeping an accurate record of debt chasing activities to support any decisions made to refer debtors for legal recovery
- To prepare regular reports to management clearly detailing the outstanding debtor position and monitoring progress against cash collection targets and aged debtor ratios and any other measures used to measure the performance of the credit control function.
- Using professional judgement to determine when to commence legal action against a debtor.
- Develop relationships and processes with 3rd party dept collection agencies to assist in dept collection.
Manage these relationships and ensure all reporting is compiled to give a collective view to business.
- Working with legal teams and other third-party agencies to recover long term debts
- Posting and allocation of cash receipts to Propman system
- Deputise for the Head of Credit Control as and when required
Skills & Experience
- Numeracy, professional judgment and good communication skills. Experience of negotiating with key clients would also be an advantage
- An understanding of leasehold law and the impact of legislation on the recovery of lessee debt would be an advantage
- Previous experience working within credit control in a property management environment (managing agent, social housing etc).
- Expected to demonstrate professional behaviour in all involvements with external stakeholders.
Ballymore operates as an equal opportunities employer.
Senior Credit Control Analyst in London employer: Ballymore Group
Ballymore is an exceptional employer located in the vibrant Canary Wharf, offering a dynamic work culture that fosters innovation and collaboration. As a Senior Executive Assistant, you will be at the forefront of our leadership team, enjoying extensive professional development opportunities while contributing to landmark developments that shape communities. With a commitment to excellence and a supportive environment, Ballymore ensures that every employee can thrive and make a meaningful impact in their role.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Credit Control Analyst in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Ballymore Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Credit Control Analyst in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Ballymore Group.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Ballymore Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Ballymore Group
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Ballymore Group.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Ballymore Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Ballymore Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
