Credit Control Manager - 12m FTC

Posted 23 October 2023
Salary £42000 - £50000 per annum
LocationCity of London
Job type Contract
Discipline Accountancy and Finance
Contact NameDylan Feehily

Job description

Credit Control Manager - 12m FTC

Leading Retailer
up to 50,000 + great benefits & 10% bonus
Hybrid Working (2 days pw office)
Central London


We are looking for a Credit Controller for a maternity cover contract. You will manage the accounts payable and accounts receivable function. The role will involve a high level of attention to detail and people management; as you will have 3 direct reports as well as exposure to key internal stakeholders in the business.

In this role you'll get to:
Work across AP & AR looking after the following responsibilities:

Accounts Payable

  • Manage supplier and banking queries/relationships
  • Detailed review of the mid-month and end of month payment runs
  • Critically reviewing the accounts payable control environment, and working to develop and implement robust controls, policies and processes
  • Taking full ownership of the accounts payable process including maintenance and accuracy of the payable ledgers
  • Managing the monthly close of accounts payable and supporting the accounting team with reporting and analysis
  • Support the ESG project, providing data on utilities and staff travel monthly.
  • Final PO approvals, checking coding against the budget.
  • Monitor expense approvals and workflows.

Accounts Receivable

  • Posting receipts and ensuring cash allocations are completed and reviewed daily for accuracy whilst reconciling complex customer accounts
  • Daily invoicing and monthly statement distribution to customers, including monitoring customer portals
  • Work with the commercial team, senior management and US team to reduce debtor days and increase cash collections, as well as escalating any credit limit and non-payment issues
  • Conducting credit checks for new customers in a timely manner, whilst monitoring financial risk performance on top customers
  • Work closely with our warehouse to dispute any stock shortages and other deductions from customers.
  • Producing daily and weekly debtor/cash reporting with supportive narrative
  • Managing the monthly close of accounts receivable and responsible for the reporting and analysis
  • Ensuring all accounts have been fully invoiced by the end of the month.
  • Pricing updates for customers.

Additional responsibilities

  • Overseeing the bank reconciliations for accuracy.
  • Team Management.
  • Assist with the preparation of the year-end audit file and liaison with auditors relating to the AP and AR ledgers
  • Contribute to the continuous improvement and effectiveness of the finance function
  • Business partnering with key contacts in the departments; ensuring team deliver first class service reflective of different wants and needs
  • Ad hoc queries from the business
  • Support with any tax queries and submissions in both UK and US.

What we are looking for in you:

    • Previous experience credit control is a must have
    • Enthusiastic and Experienced individual
    • Strong experience with debtors books and credit control
    • Excellent communication skills.
    • Ability to work with multiple currencies.
    • Accounts payable experience.
    • A good level of MS Excel and Outlook Skills.
    • Well organised and has the ability to meet strict deadlines
    • Works with a high level of accuracy and attention to detail
    • Experience with managing a team and good interpersonal skills