At a Glance
- Tasks: Manage your own portfolio of Invoice Finance clients and chase debts effectively.
- Company: Join a dynamic team in Manchester City Centre focused on growth and success.
- Benefits: Enjoy competitive salary, bonuses, and opportunities for fast career progression.
- Why this job: Kickstart your career with a role that offers diverse tasks and a supportive culture.
- Qualifications: 2 years' experience in credit control preferred; open to various industries.
- Other info: Great opportunity for promotion into roles like Client Support and Account Management.
The predicted salary is between 30000 - 42000 £ per year.
Our client requires a hardworking Credit Controller to join their team based in Manchester City Centre. The role will involve managing your own portfolio of Invoice Finance business clients with responsibility for the day to day credit control relating to the portfolio, chasing debts whilst managing ledgers and reconciliations.
MAIN DUTIES/RESPONSIBILITIES:
- Responsible for the posting of cash against a client portfolio.
- Have a thorough understanding of the client’s business when chasing debts.
- Manage a portfolio of full-service factoring clients.
- Chase outstanding debts by telephone, email and letter in line with the client credit control schedule.
- Performing 2 full chases for each client each month.
- Using call back sheets to ensure all calls are captured.
- Verifying debts on the system when chasing.
- Agreeing repayment plans where appropriate.
- Identifying accounts for legal action where appropriate.
- Dealing with customer queries - disapproving invoices if required.
- Tracing customer collections within the system.
- Setting up and maintaining client files for credit control purposes.
- Communicate regularly with clients and provide written updates bi-weekly.
- Communicate with the client manager and client executive and provide regular updates if issues arise.
EXPERIENCE
- 2 years’ experience of working within a credit control role, ideally within Banking/Commercial Finance, albeit applications will also be considered from those currently working in wider industries.
SKILLS
- Basic understanding of word/excel.
- Good communication skills - confidence to ask questions.
- Ability to adapt to varying workloads.
- Good time management skills.
This role is the first step into a business that offers fast career progression into Client Support, Account Management, Audit, Team Leading and more. Opportunities for promotion are widespread due to the continued growth and success of the business. The successful candidate will be rewarded with an excellent starting salary, plus bonus and excellent benefits.
Credit Controller - Invoice Finance employer: M2 Professional Recruitment Services Ltd
Contact Detail:
M2 Professional Recruitment Services Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Credit Controller - Invoice Finance
✨Tip Number 1
Familiarise yourself with the basics of Invoice Finance and credit control. Understanding the terminology and processes will help you speak confidently during interviews and demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals in the finance sector, especially those working in credit control. Attend industry events or join online forums to gain insights and potentially get referrals that could boost your application.
✨Tip Number 3
Prepare for common interview questions related to debt collection and client management. Think of specific examples from your past experience that showcase your skills in communication and problem-solving.
✨Tip Number 4
Research the company thoroughly before your interview. Understand their client base and any recent news about them. This knowledge will allow you to tailor your responses and show that you're genuinely interested in contributing to their success.
We think you need these skills to ace Credit Controller - Invoice Finance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in credit control, particularly any roles within Banking or Commercial Finance. Use specific examples to demonstrate your skills in managing portfolios and chasing debts.
Craft a Strong Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention your experience with invoice finance and how you can contribute to their team. Be sure to express your enthusiasm for the opportunity.
Highlight Relevant Skills: In your application, emphasise your communication skills and ability to manage varying workloads. Provide examples of how you've successfully handled customer queries or negotiated repayment plans in previous roles.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in a credit control role.
How to prepare for a job interview at M2 Professional Recruitment Services Ltd
✨Know Your Numbers
As a Credit Controller, you'll be dealing with financial data daily. Brush up on your understanding of cash flow, ledgers, and reconciliations. Be prepared to discuss how you've managed these in previous roles.
✨Demonstrate Communication Skills
Good communication is key in this role. Practice explaining complex financial concepts in simple terms. Be ready to showcase examples where you've effectively chased debts or resolved customer queries.
✨Showcase Your Adaptability
The job requires managing varying workloads. Think of instances where you've successfully adapted to changing priorities or handled multiple tasks simultaneously. Share these experiences during the interview.
✨Prepare Questions
Interviews are a two-way street. Prepare insightful questions about the company's credit control processes and growth opportunities. This shows your genuine interest in the role and helps you assess if it's the right fit for you.