At a Glance
- Tasks: Engage with clients to secure payments and manage cash collection effectively.
- Company: Join a dynamic finance team in a leading law firm.
- Benefits: Hybrid work model, competitive salary, and professional development opportunities.
- Other info: Proactive environment with opportunities for growth and learning.
- Why this job: Make a real impact by managing client relationships and improving cash flow.
- Qualifications: Experience in credit control, preferably within a law firm.
The predicted salary is between 30000 - 40000 € per year.
This is a great opportunity for a proactive Credit Controller to join a busy, collaborative Finance team, on a 12 month FTC. You'll play a key role in managing the firm's cash collection, reducing lock up and maintaining strong relationships with clients and fee earners. The role requires confidence, accuracy and a solutions focused approach.
Responsibilities
- Client engagement - Proactively and professionally engage with clients and fee earners to secure payment of overdue invoices.
- Cash collection - Ensure cash collection targets are achieved and debt lock up is minimised.
- Statements - Produce and reconcile unpaid invoice statements.
- Issue resolution - Take ownership of resolving issues or queries around unpaid invoices, escalating where necessary and monitoring progress through to resolution.
- Write offs - Process invoice write offs in line with firm policies and VAT rules.
- Cash allocation - Assist the Cashiers team with allocating cash received to the correct invoices.
- Card payments - Process credit/debit card invoice payments.
- Client to bill transfers - Monitor potential client to bill transfers and follow up with fee earners.
- Compliance - Ensure all invoice payment transactions comply with SRA/AML rules.
- Record keeping - Maintain a full log of credit control notes and status updates.
- Reconciliations - Reconcile payments received and investigate any discrepancies.
Skills & Experience
- Credit Control experience - Experience in a similar credit role within a law firm.
- Elite 3E experience - 3E knowledge preferred.
- Communication - Excellent verbal and written communication and strong interpersonal skills.
- Proactivity - Motivated, proactive and solutions focused with a "can do" approach.
- Confidentiality - Strong understanding of privacy and confidentiality requirements.
Due to the high volume of applications, we are not able to respond to all enquiries. If you have not received a response within 72 hours, please assume you have not been shortlisted at this stage, however thank you for taking the time to apply.
Credit Controller from Software in London employer: Ryder Reid Legal Limited
Join our dynamic Finance team as a Credit Controller and experience a supportive work culture that values collaboration and proactive engagement. With a focus on employee growth, we offer opportunities for professional development while ensuring a healthy work-life balance through our hybrid working model. Located in a vibrant area, our firm not only prioritises strong client relationships but also fosters an environment where your contributions are recognised and rewarded.
StudySmarter Expert Advice🤫
We think this is how you could land Credit Controller from Software in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance sector, especially those who work in credit control. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by practising common questions related to cash collection and client engagement. We recommend role-playing with a friend to boost your confidence and refine your answers.
✨Tip Number 3
Showcase your proactive approach! During interviews, share specific examples of how you've resolved issues or improved processes in previous roles. This will highlight your solutions-focused mindset.
✨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 are genuinely interested in joining our team.
We think you need these skills to ace Credit Controller from Software in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Credit Controller role. Highlight your relevant experience in credit control, especially within a law firm, and showcase your skills in cash collection and client engagement.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention your proactive approach and how you’ve successfully resolved issues in past positions.
Showcase Your Communication Skills:Since communication is key in this role, make sure your written application reflects your excellent verbal and written communication skills. Keep it clear, concise, and professional!
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!
How to prepare for a job interview at Ryder Reid Legal Limited
✨Know Your Numbers
As a Credit Controller, you'll be dealing with cash collection and unpaid invoices. Brush up on your financial metrics and be ready to discuss how you've successfully managed cash flow in previous roles. This shows you understand the importance of accuracy and can handle the responsibilities of the position.
✨Showcase Your Communication Skills
Since client engagement is key, prepare examples of how you've effectively communicated with clients and fee earners in the past. Think about times when you resolved issues or secured payments through strong interpersonal skills. This will demonstrate your proactive approach and ability to maintain relationships.
✨Familiarise Yourself with Elite 3E
If you have experience with Elite 3E, great! If not, take some time to learn about it. Understanding the software used for credit control can give you an edge in the interview. Be prepared to discuss how you would use it to streamline processes and improve cash collection.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific situations, like resolving disputes over unpaid invoices or managing high volumes of transactions. Think through your problem-solving strategies and be ready to share your thought process. This will highlight your solutions-focused mindset.
