Job Title: Credit Control Manager
Location: London, City. (Hybrid, 4 days office with 1 from home)
Employment Type: Permanent
Salary: £50,000/£60,000 + bonus + benefits
About Us
Our client a high growth organisation within the insurance sector, offering innovative solutions to clients across the world are seeking a Credit Control Manager to join their finance team.
The Role
*The responsibilities include collection, settlement, and allocation of all written premiums in line with company guidelines. This role requires the individual to be responsible for the credit control of all balances within their remit including Bad & Aged Debt Management.
*The individual will be required to develop and maintain relationships with all internal and external stakeholders, to provide a high level of service to all stakeholders. The role requires the individual to have interactions with numerous areas within the organisation (Underwriting, Finance, Claims) and external on a global basis so excellent communication skills are essential along with experience.
*Ensure that Credit Control is performed to a high standard to include attending regular meetings with internal and external parties.
*Management and oversight of London and offshore credit control teams (3 direct reports)
*Be responsible for the Credit Control of all outstanding balances (under individual accountability) including maintaining the input and timely reconciliation of cash receipts
*Attend regular meetings with underwriting and finance teams to effectively target and resolve aged debt issues.
*Maintain and promote a robust working relationship with local team and offshore team to resolve all queries and to improve service level provided and cash flow between all parties.
*Ensure a team approach is taken towards all program business ensuring all settlement requirements are adhered to.
Key Skills and Qualifications
*Proven experience in credit control, accounts receivable management including managing direct reports
*Strong knowledge of collection processes.
*Excellent communication and negotiation skills.
*High level of accuracy and attention to detail.
*Proficiency in financial management software and MS Office Suite (Excel, Word, etc.).
*Solid understanding of payment terms in Lloyd’s format (re)insurance contracts, including policy cancellation terms due to non-payment of premium (not essential)
*Demonstrable experience in managing credit control teams (onshore and offshore)
Please quote 51173 on email
This is only one of many vacancies we are handling. Alexander Lloyd Finance and Accountancy is the leading recruiter of part qualified Accountants, Financial and Management Accountants, Financial Controllers, and Finance Directors across Surrey, Sussex, London, and Kent.
Due to the high amount of interest that we receive for each of our roles unfortunately we cannot respond to each application individually, therefore if you do not hear back from one of our consultants you have not been short listed for this role. Please continue to check our websitefor any other roles which may be of interest we receive for each of our roles unfortunately we cannot respond to each application individually, therefore if you do not hear back from one of our consultants you have not been short listed for this role. Please continue to check our website.