At a Glance
- Tasks: Manage credit control, ensuring timely payments and effective debt management.
- Company: Join a dynamic finance team in a fast-paced tech environment.
- Benefits: Enjoy 27 days leave, hybrid working, and enhanced pay benefits.
- Other info: Great career progression opportunities and a supportive work culture.
- Why this job: Make a real impact on financial processes while developing your skills.
- Qualifications: Experience in credit control and strong Excel skills required.
The predicted salary is between 30000 - 40000 € per year.
Finance Assistant – Credit Control, Full or Part Time. Chester-Le-Street.
Overview: To be responsible for all areas of credit control across ITPS, ensuring timely payment of customer invoices, effective management of aged debt, and proactive collaboration with colleagues and clients. The role ensures the finance team operates efficiently, supports accurate billing cycles, and upholds ITPS standards of quality and compliance.
Core Responsibilities
- Credit Control and Collections
- Monitor debtor balances and ensure timely collection of outstanding invoices.
- Issue customer statements, reminders, and overdue notifications in line with ITPS procedures.
- Proactively follow up on overdue invoices via phone, email, and formal reminders, escalating as required.
- Negotiate and agree repayment plans where appropriate, escalating concerns to the Head of Finance.
- Monitor aged debt and contribute to the monthly aged debtor review with the Revenue Assurance Manager and Head of Finance.
- Implement and refine credit control procedures to reduce DSO and bad debt exposure.
- Customer Credit Management
- Conduct credit checks on new and existing customers, assessing credit worthiness and recommending credit limits.
- Maintain accurate customer payment records and update credit limits based on risk and payment history, flagging potential debtor issues early and escalate when required.
- Invoice and Ledger Management
- Ensure accurate allocation of payments and reconciliation of customer accounts.
- Work closely with the billing team, account managers and service desk leaders to resolve invoice discrepancies and remove barriers to payment.
- Maintain accurate financial records using Sage200.
- Reconcile bank statements.
- Assist with month end and year end closing processes.
- Assist with annual financial audit.
Essential Criteria
- Previous experience in credit control or accounts receivable role (ideally within a fast-paced SME or technology environment).
- Strong understanding of credit control processes, debt recovery methods, and credit risk assessment.
- Strong Excel skills (VLOOKUPs, pivot tables), with proficiency in Finance/ERP systems.
- Ability to prioritise and manage workload independently under pressure.
- High standards of accuracy, organisation, and attention to detail.
- Ability to handle confidential information with discretion.
Desirable Criteria
- AAT qualification (or similar) or working towards it.
- Experience in an MSP, SaaS, or recurring‑revenue business model.
- Familiarity with Halo PSA, Business Central and Sage200.
Benefits
- 27 days annual leave.
- Your birthday off work.
- Annual pay reviews.
- Hybrid/flexible working (3 days office/2 days home).
- Enhanced sick pay benefit (4 months full pay).
- Enhanced maternity leave benefit (4 months full pay).
- Enhanced paternity leave benefit (2 weeks full pay).
- Salary Sacrifice pension scheme match funded by the company up to 7%.
- Salary sacrifice schemes - Cycle to Work, Tech & Home Scheme and Electric Car Lease Scheme.
- A clearly defined training and progression plan.
- Perkbox membership and Costco card.
- Fresh fruit, soft drinks and a commercial coffee machine provided.
Finance Credit Controller in Preston employer: ITPS
At ITPS, we pride ourselves on being an exceptional employer, offering a supportive work culture that values collaboration and employee growth. Located in Chester-Le-Street, our Finance Credit Controller role provides flexible working options, competitive benefits including enhanced leave and a salary sacrifice pension scheme, and a clear path for professional development, making it an ideal place for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Finance Credit Controller in Preston
✨Tip Number 1
Network like a pro! Reach out to your connections on LinkedIn or even in person. Let them know you're on the lookout for a Finance Credit Controller role. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by practising common questions related to credit control and finance. We recommend doing mock interviews with friends or using online resources. The more you practise, the more confident you'll feel when it’s time to shine!
✨Tip Number 3
Showcase your skills! Create a portfolio or a presentation that highlights your achievements in credit control. This can be a great conversation starter during interviews and will help you stand out from the crowd.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you an edge. Plus, it’s super easy to navigate!
We think you need these skills to ace Finance Credit Controller in Preston
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Finance Credit Controller role. Highlight your experience in credit control and any relevant skills, like your Excel prowess. We want to see how you fit into our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about credit control and how your previous experiences make you the perfect fit for us. Keep it engaging and personal!
Showcase Your Achievements:Don’t just list your responsibilities; showcase your achievements! Whether it’s reducing DSO or improving collection rates, we love to see how you've made an impact in your previous roles.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at ITPS
✨Know Your Numbers
Brush up on your credit control knowledge and be ready to discuss specific metrics like DSO (Days Sales Outstanding) and how you’ve managed aged debt in the past. Being able to cite examples will show that you understand the financial landscape and can contribute effectively.
✨Excel Skills are Key
Since strong Excel skills are essential for this role, make sure you’re comfortable with VLOOKUPs and pivot tables. You might even want to prepare a quick example of how you've used these tools in previous roles to streamline processes or improve accuracy.
✨Prepare for Scenario Questions
Expect questions about how you would handle specific situations, like negotiating repayment plans or dealing with overdue invoices. Think through your past experiences and be ready to share how you approached similar challenges, highlighting your problem-solving skills.
✨Show Your Team Spirit
This role involves collaboration with various teams, so be prepared to discuss how you’ve worked with others in the past. Share examples of how you’ve resolved discrepancies with billing teams or supported colleagues in achieving financial goals to demonstrate your teamwork abilities.
