At a Glance
- Tasks: Engage with clients, manage cash collection, and resolve invoice issues.
- Company: Join a dynamic finance team at a leading law firm.
- Benefits: Hybrid working, competitive salary, and professional development opportunities.
- Other info: Opportunity for growth in a supportive and fast-paced setting.
- Why this job: Make a real impact in a collaborative environment while enhancing your finance skills.
- Qualifications: Experience in credit control, excellent communication, 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.
Credit Controller in City of London employer: Ryder Reid Legal
Join a dynamic and supportive finance team as a Credit Controller, where your proactive approach will be valued in managing cash collections and fostering strong client relationships. With a hybrid working model and a focus on employee growth, you'll benefit from a collaborative work culture that encourages professional development and offers unique opportunities within the legal sector in London.
StudySmarter Expert Advice🤫
We think this is how you could land Credit Controller in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and legal sectors. A friendly chat can lead to opportunities that aren’t even advertised yet.
✨Tip Number 2
Prepare for interviews by practising common questions related to credit control. We recommend role-playing with a friend to boost your confidence and refine your answers.
✨Tip Number 3
Showcase your skills! Bring examples of how you’ve successfully managed cash collections or resolved issues in past roles. Real-life stories make you memorable!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed, and we’re always on the lookout for proactive candidates like you.
We think you need these skills to ace Credit Controller in City of 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 our team. Mention your proactive approach and how you’ve successfully resolved issues in previous roles.
Showcase Your Communication Skills:Since communication is key in this role, make sure to demonstrate your excellent verbal and written skills in your application. Use clear and concise language to convey your points effectively.
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
✨Know Your Numbers
As a Credit Controller, 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 proactive and solutions-focused.
✨Showcase Your Communication Skills
Since the role involves engaging with clients and fee earners, practice articulating your thoughts clearly and professionally. Prepare examples of how you've successfully resolved issues or queries in the past, highlighting your interpersonal skills and ability to maintain strong relationships.
✨Familiarise Yourself with Elite 3E
If you have experience with Elite 3E, make sure to mention it during the interview. If not, do some research on its functionalities and how it relates to credit control processes. Showing that you’ve taken the initiative to learn about the software can set you apart from other candidates.
✨Prepare for Compliance Questions
Given the importance of compliance in this role, be ready to discuss SRA/AML rules and how they apply to credit control. Think of scenarios where you ensured compliance in previous roles, and be prepared to explain your approach to maintaining confidentiality and privacy.
