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Credit Control

Published 10 July 2024
£25000.00 - £28000.00 per annum
Leicester, Leicestershire
Permanent
Job Starts: 10th July 2024
Accountancy & Finance

Job Description

Job Advert: Credit Controller


Contract Type: 12-Month Fixed Term Contract (FTC)

Macildowie is excited to partner with a leading company to recruit a dedicated and detail-oriented Credit Controller for a 12-month fixed-term contract.

Overview:

Why Join This Company?

Standing still is not an option in today's competitive landscape. Our client is a top player in their field, renowned for their expertise, strong track record, and solid financial foundation. They are committed to empowering their people, delivering on their commitments, and providing innovative solutions to their clients. They prioritise growth and creativity, looking beyond profit to create value.

Job Purpose:

As the Credit Controller for the Professional Indemnity (PI) Team, the successful candidate will oversee all levels of Broker debt and maintain ledgers so that outstanding premiums and fees are kept to a minimum and within company expectations and goals.

Key Responsibilities:

  • Engaging with Brokers and Underwriters to reduce levels of debt and pursue unpaid premiums
  • Reconciling monthly/bimonthly account statements from Brokers and returning comments on queries or agreeing on payment amounts
  • Fully investigating all premium queries, whether commission or allocation related
  • Maintaining and managing 90+ day debts in line with company targets and goals
  • Liaising with Cashiers and other Lines of Business to investigate and assist with Payment Queries and Unallocated Cash
  • Providing monthly Parent Statements for selected brokers
  • Providing monthly updates for the business on reasons behind larger debts and action plans
  • Regular meetings with major brokers and/or Underwriters where required to drive down debt
  • Other duties as required to assist the PI Team such as Refunds and Direct Debit defaults

Performance Objectives:

  • Demonstrate the ability to work towards agreed goals and targets by following established Credit Control methods, evidenced by examples of regular debt chasing and contact with Brokers and associated parties
  • Reduction in debt, particularly with major brokers or top accounts each month
  • Exhibit a professional, persistent, and determined approach to Debt Collection

Skills and Experience Specification:

Essential:

  • A flexible and professional approach to debt collection and the demands of the business
  • Ability to work as part of a wider team and manage own workloads accordingly
  • A tenacious approach to reducing overdue premiums

Desirable:

  • Experience within a Credit Control and Finance background preferred but not essential as full training and support will be provided
  • Previous role in Finance or Credit Control
  • Working knowledge of the Insurance industry

What This Company Offers:

Our client offers a competitive salary and employee benefit package. As a successful, dynamic organisation experiencing rapid growth, they seek energetic and confident individuals to join their team of professionals.

Please put your home postcode on your CV when applying. Our recruitment tech uses this to make sure your CV is reviewed by the relevant consultant, for the relevant job(s), in the relevant geography.

Macildowie are a recruitment business working on behalf of a client to recruit this role. Your personal data may be forwarded to that client company as part of the application process.

If you would like information on how we will process your data please go to our website (macildowie.com) and view our fair processing notices which are located at the bottom of the page under privacy policies. Within the fair processing notice for Candidates there is guidance on how to amend your contact preferences or exercise your rights relating to personal data. We can't provide direct links as email address and website urls within our job adverts are removed by some of the websites on which we advertise.

Macildowie is a specialist recruitment consultancy with a rich history of enhancing the careers of professionals across the Midlands and the Northern Home Counties. We have an unrivalled understanding of the local market place and recruit for the majority of the region's premier employers. To search for all of our live jobs please visit us at macildowie.com.



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