Senior Credit Controller
Senior Credit Controller

Senior Credit Controller

Watford Full-Time 38000 - 40000 £ / year (est.) No home office possible
R

At a Glance

  • Tasks: Manage credit control, collect debts, and produce financial reports.
  • Company: Join a dynamic finance team in a hybrid working environment in Watford.
  • Benefits: Enjoy a competitive salary, flexible working options, and a supportive team culture.
  • Why this job: Make an impact in finance while building relationships with clients and brokers.
  • Qualifications: 7+ years in credit control, strong communication skills, and insurance sector experience preferred.
  • Other info: Candidates must have the right to work in the UK.

The predicted salary is between 38000 - 40000 £ per year.

Location: Watford, Hybrid Working

Salary: £38,000 - £40,000 plus benefits

Reports to: Finance Controller

Key Responsibilities:

  • Credit Control:
  • Oversee the timely collection of premiums, fostering strong relationships with brokers and clients.
  • Identify, report, and manage doubtful or bad debts at the earliest opportunity.
  • Collect and maximize the recovery of client debt within contractual parameters and company policy.
  • Produce reports including aged debt, statement of accounts, and ad hoc reports for brokers, clients, and internal teams.
  • Ensure chases are processed according to internal policy and all requests are answered within SLA.
  • Maintain close relationships with internal and external stakeholders.
  • Host monthly credit control committee to update senior management.
  • Finance Operations:
    • Support finance operations team in allocating funds.
    • Reconcile client accounts in accounting tools.
    • Administer bank online portal and maintain payment rota for the team.

    Knowledge & Experience:

    • At least 7 years’ experience in credit control.
    • Excellent communication and persuasion skills, with the ability to engage effectively with internal and external stakeholders.
    • Familiarity with legal implications of insolvency in England, Scotland, Wales, and Ireland.
    • Understanding of legal processes and the impact of different courses of action.
    • Experience in the insurance sector (preferred).
    • Proficiency in Microsoft Office applications, including Excel (advanced), Word, and PowerPoint.

    Skills & Competencies:

    • Strong interpersonal skills, with the ability to collaborate across teams in the UK & Ireland.
    • Energetic, self-reliant, and possessing a team-oriented mindset.
    • Clear and adaptable communication, ensuring effective messaging to different audiences.
    • Methodical approach, with excellent organizational, prioritization, and attention to detail.
    • Quick learner and self-starter, demonstrating a proactive attitude.
    • Highly numerate with strong attention to detail.

    Candidates must have the right to work in the UK.

    Senior Credit Controller employer: Reed

    As a Senior Credit Controller at our Watford location, you will join a dynamic team that values collaboration and professional growth. We offer a competitive salary alongside a comprehensive benefits package, including hybrid working options that promote work-life balance. Our supportive work culture encourages continuous development, ensuring you have the resources and opportunities to excel in your career while making a meaningful impact within the finance sector.
    R

    Contact Detail:

    Reed Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Senior Credit Controller

    ✨Tip Number 1

    Make sure to highlight your experience in credit control during any networking opportunities. Attend industry events or webinars where you can connect with professionals in the finance and insurance sectors, as they may have insights or leads on job openings.

    ✨Tip Number 2

    Familiarise yourself with the latest trends and challenges in credit control, especially within the insurance sector. This knowledge will not only help you stand out in conversations but also demonstrate your commitment to staying updated in your field.

    ✨Tip Number 3

    Prepare for potential interviews by practising responses to common questions related to credit control and stakeholder management. Use specific examples from your past experiences to illustrate your skills and achievements.

    ✨Tip Number 4

    Leverage LinkedIn to connect with current employees at StudySmarter or similar companies. Engaging with them can provide valuable insights into the company culture and expectations, which can be beneficial when preparing for your application.

    We think you need these skills to ace Senior Credit Controller

    Credit Control Management
    Debt Recovery Strategies
    Stakeholder Engagement
    Financial Reporting
    Client Relationship Management
    Legal Knowledge of Insolvency
    Accounting Reconciliation
    Microsoft Excel (Advanced)
    Communication Skills
    Persuasion Skills
    Organisational Skills
    Attention to Detail
    Team Collaboration
    Proactive Attitude
    Numeracy Skills

    Some tips for your application 🫡

    Tailor Your CV: Make sure your CV highlights your relevant experience in credit control, particularly your ability to manage debts and relationships with clients and brokers. Use specific examples that demonstrate your skills in communication and persuasion.

    Craft a Compelling Cover Letter: Write a cover letter that addresses the key responsibilities outlined in the job description. Emphasise your 7+ years of experience in credit control and your familiarity with the legal implications of insolvency. Show how your skills align with the company's needs.

    Highlight Relevant Skills: In your application, make sure to mention your proficiency in Microsoft Office applications, especially Excel. Provide examples of how you've used these tools in previous roles to produce reports or manage client accounts effectively.

    Showcase Your Interpersonal Skills: Since strong interpersonal skills are crucial for this role, include examples of how you've successfully collaborated with teams or managed stakeholder relationships in the past. This will help demonstrate your fit for the team-oriented mindset they are looking for.

    How to prepare for a job interview at Reed

    ✨Showcase Your Experience

    With at least 7 years in credit control, be ready to discuss specific examples of how you've successfully managed debt recovery and built relationships with clients and brokers. Highlight any challenges you've faced and how you overcame them.

    ✨Demonstrate Communication Skills

    As excellent communication is key for this role, prepare to showcase your ability to engage with various stakeholders. Consider sharing instances where your persuasive skills made a significant impact on a situation.

    ✨Understand Legal Implications

    Familiarise yourself with the legal aspects of insolvency in the UK and Ireland. Be prepared to discuss how this knowledge has influenced your decision-making in previous roles, especially in the insurance sector.

    ✨Be Methodical and Organised

    This role requires a methodical approach and strong organisational skills. Prepare to discuss your strategies for managing multiple tasks, prioritising effectively, and maintaining attention to detail in your work.

    Senior Credit Controller
    Reed
    R
    • Senior Credit Controller

      Watford
      Full-Time
      38000 - 40000 £ / year (est.)

      Application deadline: 2027-05-21

    • R

      Reed

    Similar positions in other companies
    UK’s top job board for Gen Z
    discover-jobs-cta
    Discover now
    >