Job Description
The Credit Controller will be responsible for managing customer credits and outstanding debts, ensuring timely recovery, minimising revenue leakage, and maintaining accurate financial records.
Responsibilities:
- The role requires strong knowledge of UK finance practices, accounting standards, and relevant UK laws, along with hands-on experience in credit control, debt recovery, and financial analysis.
- Manage and review credits processed, recommend reductions, and approve credits where required.
- Monitor outstanding balances (debts) and propose effective recovery solutions.
- Take immediate action on increasing or ageing debts to minimize financial risk.
- Segregate recoverable and unrecoverable debts and coordinate with debt collection agencies for further action.
- Draft and issue official payment reminder and recovery letters to debtors.
- Review customer payment plans and take nec...
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