At a Glance
- Tasks: Manage credit control across multiple companies and oversee cash collections.
- Company: Dynamic engineering firm with a focus on innovation and teamwork.
- Benefits: Hybrid working, competitive salary, and opportunities for professional growth.
- Other info: Enjoy a flexible work environment with a supportive team.
- Why this job: Join a thriving company and make a real impact in financial management.
- Qualifications: Minimum 2-3 years in credit control and strong Excel skills required.
The predicted salary is between 36000 - 60000 £ per year.
Position 1 Recruitment are working with an Engineering company, who are seeking an experienced and detail-oriented Group Credit Controller to oversee and manage the credit control function across a group of companies. If you would like to know a bit more about this opportunity, or are considering applying, then please read the following job information.
Key Responsibilities- Manage and oversee all sales ledger cash collections and processing
- Prepare and issue customer invoicing, including stage payments and warranty retentions
- Distribute customer statements and dunning letters in line with collection schedules
- Monitor overdue accounts and implement appropriate credit control measures, including supply holds and initiating legal proceedings where necessary
- Conduct credit checks for new and existing customers
- Set and manage customer credit limits
- Sign off on creditworthiness and advise on payment terms/structures during contract reviews
- Resolve account disputes and negotiate payment plans to bring accounts up to date
- Liaise with the company bank to allocate unidentified receipts
- Apply for and manage letters of credit and bank guarantees as required
- Maintain an up-to-date bank guarantee and letter of credit register
- Track proforma invoices and credit card payments
- Perform weekly sales ledger bank reconciliations
- Produce monthly cash collection forecasts
- Distribute weekly on-stop reports
- Send weekly stage payment reminders to Project Managers
- Support the Management Accountant with ad hoc financial reporting tasks
- Participate in process improvement initiatives within the finance function
- Minimum 2-3 years experience in a similar credit control role
- Multi-currency experience is highly desirable
- Strong knowledge of credit management principles and best practices
- Proficiency with accounting systems and Microsoft Excel
This is a full-time permanent position, Monday to Friday / Hybrid working: 3 days in the office / 2 days from home (following completion of the probation period).
If you are interested, apply now, or contact Kirsty on 01493 738276.
Group Credit Controller employer: Position 1 Recruitment Limited
Join a dynamic Engineering company that values its employees and fosters a collaborative work culture. As a Group Credit Controller, you will benefit from a hybrid working model, allowing for a balanced work-life integration, alongside opportunities for professional growth and development within a supportive team environment. With a focus on process improvement and innovation, this role offers a meaningful chance to contribute to the financial success of the organisation while enjoying the perks of a modern workplace.
Contact Details:
Position 1 Recruitment Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Group Credit Controller
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and engineering sectors. You never know who might have a lead on a Group Credit Controller role or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your credit management principles. Be ready to discuss your experience with multi-currency transactions and how you've handled overdue accounts in the past.
✨Tip Number 3
Showcase your skills with Excel! If you’ve got any cool tricks or tools you’ve used for cash collection forecasts, be sure to mention them during interviews. It’ll set you apart from the competition.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take that extra step!
We think you need these skills to ace Group Credit Controller
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience in credit control and any relevant achievements. We want to see how your skills match the job description, so don’t be shy about showcasing your multi-currency experience and proficiency with accounting systems!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the Group Credit Controller role. Share specific examples of how you've managed credit control functions in the past and how you can bring that expertise to our team.
Be Clear and Concise:When filling out your application, keep it straightforward. We appreciate clarity, so avoid jargon and get straight to the point. Highlight your key responsibilities and achievements in previous roles to make it easy for us to see your value.
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 the role. Plus, it gives you a chance to explore more about our company culture and values!
How to prepare for a job interview at Position 1 Recruitment Limited
✨Know Your Numbers
As a Group Credit Controller, you'll be dealing with financial data daily. Brush up on your knowledge of credit management principles and be ready to discuss how you've successfully managed cash collections in the past. Be specific about your achievements and the impact they had on the company.
✨Showcase Your Tech Skills
Proficiency with accounting systems and Microsoft Excel is crucial for this role. Prepare to demonstrate your skills during the interview. You might be asked to solve a problem or analyse data on the spot, so practice using Excel functions and any relevant software beforehand.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities, especially regarding overdue accounts and disputes. Think of examples where you successfully negotiated payment plans or implemented credit control measures. Use the STAR method (Situation, Task, Action, Result) to structure your responses.
✨Understand the Company’s Financial Landscape
Research the engineering company and its financial practices. Familiarise yourself with their industry, potential challenges they face, and how your role as a Group Credit Controller can contribute to their success. This shows your genuine interest and helps you tailor your answers to align with their needs.
