At a Glance
- Tasks: Manage credit accounts, collect payments, and reduce aged debt in a dynamic finance team.
- Company: Join Evolution Funding, the UK's top motor finance provider with award-winning technology.
- Benefits: Competitive salary, career development opportunities, and a supportive work environment.
- Other info: Opportunity to mentor junior staff and grow within a leading company.
- Why this job: Shape the future of credit control while making a real impact in the finance sector.
- Qualifications: Experience in credit control, strong communication skills, and proficiency in Excel.
The predicted salary is between 30000 - 40000 € per year.
Evolution Funding is the UK’s market-leading provider of motor finance and technology solutions, being recently recognised as the UK’s best broker at the Car Finance Awards 2025 for the tenth year in a row. Our scope and capabilities go far beyond that of a traditional broker. Evolution is at the forefront of digital finance journeys, with our technology powering a broad range of customer experiences in the motor finance market.
This is a newly created role with the opportunity to contribute towards establishing the direction of a credit control function for the Evolution Funding group and coach and mentor a junior credit controller. The role will sit within the finance team and engage in credit control across all group entities reducing aged debt and mitigating credit risk.
The Credit Controller will manage funder and dealership credit accounts within the motor finance portfolio, ensuring timely collection of payments, adherence to FCA standards, and effective resolution of queries to support strong cashflow and minimise delinquency rates.
Responsibilities- Manage a portfolio of motor finance dealer accounts for various cashflow streams (loan advances / commission / unwinds / Quality disputes / debit backs).
- Proactively liaise with sales teams to collect overdue balances, arrears and negotiate realistic payment plans.
- Monitor aged debt, early arrears and late-stage collections, escalating high-risk accounts when required.
- Identify dealers of concern and follow appropriate forbearance processes.
- Manage direct debit failures, payment defaults, and broken repayment arrangements.
- Engage with funders on overdue balances.
- Co-ordinate collection activity across departments and manage the data flow.
- Begin pre-legal work where appropriate in liaison with the legal team.
- Weekly reporting highlighting overdue monies across the group across cashflow streams.
- Work closely with payments teams and treasury across the group to maximise working capital.
- Produce and implement processes ensuring robust controls are in place for each group entity.
- Extensive experience in a credit control or accounts receivable role ideally at a group level in an FCA regulated business.
- Experience managing debtor ledgers and credit control processes.
- Ability to conduct credit checks, assess credit risk, and set credit limits.
- Strong communication & negotiation skills to secure payment arrangements while maintaining customer relationships.
- Skilled in reconciling accounts, resolving queries, and managing aged debt reports.
- Proficient in Excel and accounting/ERP systems (NetSuite would be an advantage).
- Ability to handle difficult conversations professionally.
- Persistent, resilient, and confident when following up on overdue payments.
- High attention to detail and accuracy in all financial records.
- Professional, ethical, and able to deal with sensitive information discreetly.
- Strong organisational skills with the ability to work under pressure and meet deadlines.
- Strong numeracy, literacy, and IT skills.
- CICM or AAT qualifications; knowledge of credit legislation and company credit procedures (desirable).
Credit Controller employer: Evolution Funding Ltd
At Evolution Funding, we pride ourselves on being a leading employer in the motor finance sector, offering a dynamic work environment that fosters innovation and collaboration. Our commitment to employee growth is evident through mentorship opportunities and a supportive culture that encourages professional development. Located in the heart of the UK, we provide our team with competitive benefits and a chance to be part of a recognised industry leader, making every day at work both meaningful and rewarding.
StudySmarter Expert Advice🤫
We think this is how you could land Credit Controller
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance industry, especially those who work in credit control. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by researching Evolution Funding and its role in the motor finance market. Show us you know your stuff and how you can contribute to reducing aged debt and mitigating credit risk.
✨Tip Number 3
Practice your negotiation skills! Since you'll be dealing with overdue payments, being able to handle tough conversations is key. Role-play with a friend to build your confidence.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Credit Controller
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Credit Controller role. Highlight your experience in credit control, especially in FCA regulated environments, and showcase your skills in managing debtor ledgers and resolving queries.
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for this role. Share specific examples of how you've successfully managed credit accounts and negotiated payment plans in the past.
Showcase Your Skills:Don’t forget to mention your proficiency in Excel and any accounting systems you’ve used, like NetSuite. We want to see how your technical skills can contribute to our finance team!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get to know you better!
How to prepare for a job interview at Evolution Funding Ltd
✨Know Your Numbers
As a Credit Controller, you'll be dealing with financial data all the time. Brush up on your knowledge of credit control processes, aged debt management, and FCA regulations. Be ready to discuss how you've handled similar situations in the past and what strategies you used to ensure timely collections.
✨Showcase Your Communication Skills
Strong communication is key in this role. Prepare examples of how you've successfully negotiated payment plans or resolved disputes with clients. Think about how you can demonstrate your ability to maintain relationships while being firm about payments.
✨Be Ready for Scenario Questions
Expect questions that put you in real-life scenarios, like handling a difficult conversation with a dealer about overdue payments. Practice your responses to show how you would approach these situations professionally and effectively.
✨Highlight Your Tech Savvy
Since Evolution Funding is at the forefront of digital finance, make sure to mention your proficiency with Excel and any accounting/ERP systems you've used, especially if you have experience with NetSuite. Discuss how you've leveraged technology to improve credit control processes in your previous roles.
