At a Glance
- Tasks: Support the team with credit control and cash collection, ensuring timely payments.
- Company: Join a dynamic company focused on financial excellence and teamwork.
- Benefits: Flexible part-time hours, competitive pay, and a supportive work environment.
- Other info: Perfect for students looking to balance work and studies while building their career.
- Why this job: Gain valuable experience in finance while making a real impact on cash flow.
- Qualifications: Strong Excel skills, attention to detail, and excellent communication abilities.
The predicted salary is between 27450 - 33550 £ per year.
Part time role (12-15 hours per week)
Role Function
To provide administrative support to the Account Manager and Team, ensuring a high-level service is provided within the accounting function.
Person Profile
A motivated individual who can work within a team or alone. With a high-level understanding of Excel, the person must be comfortable working with numbers and attention to detail. They must be a skilled communicator, ensuring clients and internal queries are managed. They must have a flexible approach and be efficient meeting deadlines.
Credit Control - Job Specific Functions
- Take day-to-day responsibility for credit control and cash collection across the customer ledger with approximately £500,000 of invoices raised each month.
- Proactively monitor customer accounts, ensuring invoices are paid within agreed credit terms and taking appropriate action on overdue balances.
- Conduct regular aged debt reviews, prioritising high-value and overdue accounts and escalating potential payment risks where necessary.
- Chase outstanding debts by email, telephone, and written correspondence, maintaining clear records of all collection activity and agreed payment dates.
- Build effective relationships with customers and internal stakeholders to resolve queries, disputes and missing information that may delay payment.
- Agree actions, responsibilities and deadlines with relevant colleagues and customers to ensure issues affecting payment are resolved promptly.
- Carry out credit checks on new customers provided by the Sales Department and make recommendations regarding appropriate credit limits and payment terms.
- Set and monitor customer credit limits based on credit checks, trading history and payment performance, escalating concerns where appropriate.
- Maintain accurate customer account information on Xero and update Collabit with relevant accounting and credit-control information.
- Reconcile bank transactions on Xero and ensure customer receipts are accurately allocated to the correct accounts.
- Manage and maintain an organised filing system for remittances and payment documentation.
- Contribute to maintaining strong cash flow, debtor performance and working capital, with a particular focus on reducing overdue debt and ensuring timely collection of the company's monthly invoicing.
Credit Control Assistant in Essex employer: The Coast Partnership Ltd
Join a prestigious UK law firm located in the heart of the City, where you will thrive in a dynamic and supportive work environment. With a strong emphasis on professional development, this role offers excellent opportunities for growth within the Real Estate team, alongside a flexible hybrid working model post-probation. Experience a collaborative culture that values your contributions and fosters meaningful client relationships.
