Head of Credit Control in London

Head of Credit Control in London

London Full-Time 36000 - 60000 ÂŁ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead the Credit Control function, managing rental income and service charge collections.
  • Company: A top UK real estate investment and asset management firm with a strong reputation.
  • Benefits: Competitive salary, career growth, and a dynamic work environment.
  • Why this job: Join a respected company and make a significant impact on financial performance.
  • Qualifications: Experience in credit control, especially in rental income collection, is preferred.
  • Other info: Opportunity for professional development and to shape credit control strategies.

The predicted salary is between 36000 - 60000 ÂŁ per year.

A rare and exceptional opportunity has arisen at one of the UK's leading real estate investment and asset management companies. This highly respected and well‐established business has built a reputation for innovation and forward‐thinking investment strategies within the workspace sector, resulting in the curation of a substantial, high‐performing portfolio across multiple prime locations. As part of their continued success and ambitious expansion plans, the business is now seeking a Head of Credit Control to take a highly visible and influential role within the organisation, leading and coordinating the Credit Control function, with full responsibility for the management and collection of rental income and service charges across the portfolio.

Key responsibilities:

  • Build strong, long‐term relationships with tenants while proactively monitoring ledgers to ensure payments are received within agreed timescales.
  • Lead engagement with tenants and debtors through meetings, telephone and email, delivering a professional, personal and solutions‐focused approach.
  • Actively chase overdue rental and service charge arrears to maximise collections in line with agreed targets.
  • Prepare weekly arrears and aged debt reports, clearly outlining implications and potential cash flow impact for senior management.
  • Produce debt collection statistics across 7, 14 and 21‐day cycles to monitor performance and drive improvement.
  • Develop, implement and continuously refine strategies to reduce aged debt.
  • Investigate, manage and resolve tenant queries and arrears disputes efficiently.
  • Receipt, allocate and reconcile arrears payments, providing accurate supplementary reporting.
  • Coordinate escalations with legal teams and third‐party debt collection agencies.
  • Lead the review of existing Credit Control protocols and procedures in conjunction with the implementation of new processes, governance and authority limits.

The successful candidate will have acquired commercial credit control experience in relation to the collection of rental income and service charges. Prior expertise in the workspace sector and/or exposure to licensed tenancies is advantageous but not essential. You will demonstrate a confident, open and engaging approach to tenant liaison, with a clear focus on relationship‐building alongside a proven track record of achieving high collection rates and actively reducing aged debt. Moreover, we are keen to consider applicants who have prior experience as a Senior Credit Controller, Head of Credit Control, Credit Control Manager / Team Leader or undertaken standalone or sole Credit Controller roles within the property and real estate sector. Finally, you will have a "can do attitude", friendly demeanor with good written and verbal communication skills.

Head of Credit Control in London employer: Macdonald & Company

Join a leading real estate investment and asset management company that prides itself on innovation and a forward-thinking approach. With a strong emphasis on employee development, you will benefit from a collaborative work culture that encourages professional growth and offers competitive remuneration packages. Located in prime areas, this role as Head of Credit Control not only provides a chance to make a significant impact but also to be part of a respected organisation committed to excellence in the workspace sector.
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Contact Detail:

Macdonald & Company Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Head of Credit Control in London

✨Tip Number 1

Network like a pro! Get out there and connect with people in the real estate sector. Attend industry events, join relevant online forums, and don’t be shy about reaching out to potential colleagues on LinkedIn. Building relationships can open doors that applications alone can't.

✨Tip Number 2

Prepare for interviews by researching the company inside out. Understand their portfolio, recent projects, and their approach to credit control. This will not only help you answer questions but also show your genuine interest in the role and the company.

✨Tip Number 3

Practice your pitch! Be ready to explain how your experience aligns with the responsibilities of the Head of Credit Control. Highlight your successes in managing collections and building tenant relationships. Confidence is key!

✨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 take the initiative to engage directly with us. Let’s get you that dream job!

We think you need these skills to ace Head of Credit Control in London

Credit Control Management
Relationship Building
Debt Collection
Reporting and Analysis
Tenant Liaison
Problem Resolution
Communication Skills
Strategic Development
Commercial Awareness
Team Leadership
Attention to Detail
Negotiation Skills
Time Management
Adaptability

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Head of Credit Control role. Highlight your relevant experience in credit control, especially in managing rental income and service charges. We want to see how your skills align with our needs!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to showcase your personality and explain why you're the perfect fit for this role. Don’t forget to mention your experience in building relationships with tenants and achieving high collection rates.

Showcase Your Achievements: When detailing your past roles, focus on specific achievements. Did you implement a new strategy that improved collections? Share those stats! We love seeing how you've made a difference in previous positions.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity. Plus, it shows you’re keen on joining our team!

How to prepare for a job interview at Macdonald & Company

✨Know Your Numbers

As a Head of Credit Control, you'll need to be comfortable with financial data. Brush up on key metrics related to rental income and service charges. Be ready to discuss how you've improved collection rates or reduced aged debt in your previous roles.

✨Showcase Relationship-Building Skills

This role is all about building strong relationships with tenants. Prepare examples of how you've successfully engaged with clients in the past. Highlight your ability to resolve disputes and maintain a professional yet friendly approach.

✨Prepare for Scenario Questions

Expect questions that assess your problem-solving skills. Think of scenarios where you've had to chase overdue payments or handle tenant queries. Be ready to explain your thought process and the strategies you employed to achieve positive outcomes.

✨Demonstrate Leadership Experience

As a leader in Credit Control, you'll need to show your ability to manage a team and implement effective processes. Prepare to discuss your experience in leading teams, refining protocols, and driving performance improvements in credit control functions.

Head of Credit Control in London
Macdonald & Company
Location: London
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