At a Glance
- Tasks: Engage with clients, manage cash collection, and resolve invoice issues.
- Company: Join a dynamic finance team in a leading law firm.
- Benefits: Hybrid work model, competitive salary, and professional growth opportunities.
- Other info: 12-month fixed-term contract with potential for career advancement.
- Why this job: Make a real impact on cash flow while building strong client relationships.
- Qualifications: Experience in credit control, excellent communication skills, and a proactive mindset.
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 Policy Manager in London employer: Ryder Reid Legal Limited
Join our dynamic Finance team as a Credit Controller, where you'll thrive in a supportive and collaborative environment that values proactive engagement and solutions-focused approaches. With a strong emphasis on employee growth and development, we offer a hybrid working model that promotes work-life balance while ensuring you play a vital role in managing client relationships and cash collection. Experience the unique advantage of working within a prestigious law firm that prioritises your professional journey and fosters a culture of excellence.
StudySmarter Expert Advice🤫
We think this is how you could land Credit Policy Manager 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 that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by practising common questions related to cash collection and client engagement. We recommend role-playing with a friend or using online resources to boost your confidence and refine your answers.
✨Tip Number 3
Showcase your proactive approach! During interviews, share specific examples of how you've tackled overdue invoices or resolved client issues. This will demonstrate your solutions-focused mindset that employers love.
✨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.
We think you need these skills to ace Credit Policy Manager 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 managed cash collections in the past.
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 applications 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 Policy Manager, you'll need to demonstrate your understanding of cash collection and debt management. Brush up on key metrics related to credit control, such as lock-up periods and cash flow ratios. Being able to discuss these confidently will show that you’re not just familiar with the role but also proactive about achieving targets.
✨Showcase Your Communication Skills
Since client engagement is crucial, prepare examples of how you've successfully communicated with clients or fee earners in the past. Think of specific situations where your communication helped resolve issues or secure payments. This will highlight your interpersonal skills and your ability to maintain strong relationships.
✨Be Solutions-Focused
The job requires a solutions-focused approach, so come prepared with examples of challenges you've faced in previous roles and how you overcame them. This could be anything from resolving payment disputes to improving cash allocation processes. Showing that you can think on your feet will impress the interviewers.
✨Understand Compliance Requirements
Familiarise yourself with SRA/AML rules and any relevant compliance issues related to credit control. Be ready to discuss how you’ve ensured compliance in your previous roles. This knowledge will demonstrate your attention to detail and commitment to maintaining high standards in financial practices.
