At a Glance
- Tasks: Lead and motivate the Credit Control team while managing accounts receivable and optimising cash flow.
- Company: Join a renowned household name with a fantastic culture and strong employee retention.
- Benefits: Enjoy hybrid working, bonuses, and excellent core benefits.
- Other info: Opportunity for career advancement and involvement in finance transformation initiatives.
- Why this job: Make a real impact in a dynamic environment focused on continuous improvement and growth.
- Qualifications: Experience in high transactional B2B environments and strong relationship-building skills.
The predicted salary is between 31950 - 39050 £ per year.
An exceptional opportunity has arisen as Credit Control Manager within a highly successful household name business.
This represents an opportunity to join a destination business with a reputation for fostering a great culture and employee retention.
Whilst reporting to the Financial Controller and leading a small team you will take ownership for Credit Control, Risk and on going process development.
Accountabilities and duties include: Lead, develop and motivate the Credit Control team with succession planning and continuous improvement.
Set team objectives, monitor performance and ensure appropriate resource planning.
Accountable for the effective management of accounts receivable and collections across a sales ledger exceeding 100m.
Drive cash collection performance, reduce overdue debt and optimise working capital.
Oversee the timely resolution of customer disputes, debit notes and escalations.
Own the Company's credit policy and credit risk framework.
Approve customer credit limits and payment terms within delegated authority.
Monitor customer financial risk, credit insurance and bad debt exposure, escalating material risks where appropriate.
Prepare and present regular reporting on collections, DSO, aged debt, bad debt and key performance indicators.
Maintain a strong understanding of accounting principles, ensuring accurate balance sheet reconciliations, month-end reporting and robust financial controls across the Order-to-Cash process.
Oversee the efficient operation and continuous improvement of the Order-to-Cash process, including credit control, customer invoicing, cash allocation and related activities where applicable.
Lead system enhancements, process improvements and finance transformation initiatives impacting the function.
Build strong relationships with Sales, Customer Services, Supply Chain and Finance to balance commercial growth with effective credit risk management.
Develop effective relationships with key customers to support prompt payment and successful dispute resolution.
The ideal candidate will have prior experience within a high transactional consumer led B2B consumer business and will excellent relationship building skills.
On offer is Hybrid working, bonus and good core benefits.
Head of Credit Control in Hertford employer: Investigo
Investigo is an exceptional employer that fosters a culture of innovation and collaboration, making it an ideal place for professionals looking to make a significant impact in the financial sector. Located in Coventry, employees benefit from a competitive salary package, including performance bonuses and cash allowances, alongside ample opportunities for professional growth and development in a forward-thinking environment. Join us to be part of a team that values your expertise and encourages you to drive meaningful change through automation and technology.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Credit Control in Hertford
✨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 Investigo. 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 Head of Credit Control in Hertford
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 Investigo.
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 Investigo'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 Investigo
✨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 Investigo.
✨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 Investigo 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 Investigo 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.
