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Title
Text copied to clipboard!Credit Control Manager
Description
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We are looking for a Credit Control Manager to join our dynamic finance team. The ideal candidate will be responsible for overseeing the credit control process, ensuring that the company’s credit policies are adhered to, and managing the credit accounts of our customers. This role requires a strategic thinker who can analyze financial data, assess credit risk, and implement effective credit control measures. The Credit Control Manager will work closely with the sales and finance departments to ensure that credit limits are set appropriately and that outstanding debts are collected in a timely manner. The successful candidate will have excellent communication skills, as they will be required to negotiate payment terms with clients and resolve any credit-related issues. Additionally, the Credit Control Manager will be responsible for preparing regular reports on credit control activities and presenting these to senior management. This is a key role within the organization, and the successful candidate will have the opportunity to make a significant impact on the company’s financial performance.
Responsibilities
Text copied to clipboard!- Develop and implement credit control policies and procedures.
- Monitor customer accounts and ensure timely collection of outstanding debts.
- Assess credit risk and set appropriate credit limits for customers.
- Negotiate payment terms and resolve credit-related issues with clients.
- Prepare and present regular reports on credit control activities to senior management.
- Collaborate with sales and finance teams to ensure alignment on credit policies.
- Conduct credit checks on new and existing customers.
- Identify and mitigate potential credit risks to the organization.
Requirements
Text copied to clipboard!- Bachelor’s degree in Finance, Accounting, or related field.
- Proven experience in credit control or a similar role.
- Strong analytical and problem-solving skills.
- Excellent communication and negotiation skills.
- Ability to work independently and as part of a team.
- Proficiency in financial software and Microsoft Office Suite.
- Attention to detail and strong organizational skills.
- Knowledge of credit control regulations and best practices.
Potential interview questions
Text copied to clipboard!- Can you describe your experience with credit control processes?
- How do you assess credit risk for new customers?
- What strategies do you use to ensure timely debt collection?
- How do you handle disputes or disagreements with clients regarding credit terms?
- Can you provide an example of a time you successfully mitigated a credit risk?
