At a Glance
- Tasks: Lead credit control and risk functions, ensuring timely cash collections and minimal bad debt.
- Company: Join a family-run market leader in cable distribution with exciting growth plans.
- Benefits: Enjoy a secure job with opportunities for professional development and a supportive team culture.
- Why this job: Be part of a dynamic team making a real impact in a thriving business environment.
- Qualifications: CICM qualified with strong negotiation skills and proficiency in Microsoft Office.
- Other info: This is a full-time, permanent role based in Middlesbrough.
The predicted salary is between 36000 - 60000 £ per year.
Credit Manager
We have an exciting opportunity for an experienced Credit Manager to join our Middlesbrough office on a full-time, permanent basis.
This is a fantastic opportunity to join a fast-paced, enthusiastic, and highly successful company.
Are you an experienced Credit Manager seeking your next challenge?
Would you like to work for the UK market leader in cable distribution?
Do you want to work for a secure, family-run business expecting significant growth in the next 5 years?
Overview/Purpose of the role
Responsible for the overall credit control and credit risk functions within the business, using various strategies to maximize sales ledger recoveries.
Minimize bad debt exposure by promptly identifying and reporting detrimental changes in customer behavior.
Set cash collection and aged debt reduction targets for the credit control team.
Duties
Report monthly results to senior management and identify areas of risk and concern on the ledger.
Oversee the day-to-day supervision of the Credit Control team.
Authorize new applications and review for specific billing requirements.
Escalate any issues, risks, or concerns identified.
Monitor the customer database for changes in risk profile.
Identify instances where the underlying trading entity is to change.
Undertake regular ledger reviews with the team lead and Credit Controllers.
In conjunction with the Assistant Credit Manager, communicate team performance targets.
Manage the retrospective rebate process, review proposals for senior management approval, and produce monthly reports for customers and branches.
Set monthly targets for collections and produce monthly reports for senior management.
Key Accountabilities
Ensure prompt and accurate record keeping.
Maintain transactional integrity of sales ledger accounts, including the timely and accurate resolution of unallocated cash.
Promptly identify and refer credit risk issues.
Identify and escalate unresolved queries that delay payments.
Key Skills / Attributes
Highly organized with the ability to prioritize workloads within a busy, fast-moving environment.
CICM qualified.
Strong negotiating skills; confident communication at all levels.
Persuasive with the ability to influence others to achieve results.
Ability to meet deadlines without compromising accuracy.
Proficient in Microsoft Word and Excel.
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Credit Control Manager employer: Cleveland Cable Co Ltd
Contact Detail:
Cleveland Cable Co Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Credit Control Manager
✨Tip Number 1
Familiarise yourself with the latest trends in credit control and risk management. Being knowledgeable about current practices will not only help you in interviews but also show that you're proactive and engaged in your field.
✨Tip Number 2
Network with professionals in the credit control industry, especially those who work in similar roles. Attend relevant events or join online forums to connect with others and gain insights that could give you an edge during the hiring process.
✨Tip Number 3
Prepare to discuss specific strategies you've implemented in previous roles to manage credit risk and improve cash collections. Real-life examples will demonstrate your expertise and problem-solving skills to potential employers.
✨Tip Number 4
Research StudySmarter's company culture and values. Understanding what we stand for will allow you to tailor your conversations and show how you align with our mission, making you a more attractive candidate.
We think you need these skills to ace Credit Control Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in credit control and management. Use specific examples that demonstrate your ability to manage teams, set targets, and handle customer relationships effectively.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention your qualifications, such as CICM certification, and how your skills align with the job requirements. Be sure to include examples of how you've successfully managed credit risk in previous roles.
Highlight Key Skills: Emphasise your organisational skills, ability to prioritise workloads, and strong negotiating abilities. Provide concrete examples of how you've influenced outcomes in past positions, especially in a fast-paced environment.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a Credit Control Manager.
How to prepare for a job interview at Cleveland Cable Co Ltd
✨Showcase Your Credit Control Expertise
Make sure to highlight your experience in credit control and risk management during the interview. Be prepared to discuss specific strategies you've implemented in previous roles to maximise sales ledger recoveries and minimise bad debt exposure.
✨Demonstrate Strong Leadership Skills
As a Credit Control Manager, you'll be overseeing a team. Share examples of how you've successfully led teams in the past, set performance targets, and managed team dynamics to achieve results. This will show your potential employer that you can effectively supervise and motivate your team.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities. Prepare for scenarios where you might need to identify and escalate credit risk issues or resolve payment delays. Think through your approach to these situations and be ready to articulate your thought process.
✨Familiarise Yourself with Their Business
Research the company’s position in the cable distribution market and understand their growth plans. Being knowledgeable about their business will not only impress your interviewers but also allow you to tailor your responses to align with their goals and challenges.