Jobs
Finance Administrator (Credit Control)
The Credit Controller plays a critical role in managing and safeguarding the financial health of the business by overseeing credit and collections. This position is responsible for the full credit control lifecycle, including managing outstanding debts, processing incoming funds, evaluating new credit requests, and collaborating closely with clients to ensure timely payments and account stability. The Credit Controller will report directly to the Company Accountant and work in partnership with the finance team to ensure an accurate and efficient credit control process.
The primary responsibilities of this role include managing outstanding debts from existing clients and ensuring effective collections to maintain cash flow. This involves coordinating debt recovery efforts, reconciling overdue accounts, and implementing payment plans when necessary. Maintaining detailed records of all debtors and recovery activities is essential to track progress against monthly collection targets.
The Credit Controller also focuses on client relationship management, developing strong, professional relationships to facilitate seamless account management. This includes regular communication with clients to resolve invoice discrepancies, address account queries, and negotiate payment terms as needed. Acting as a liaison between clients and the finance team, the Credit Controller ensures transparent and respectful credit management practices.
Evaluating new credit requests is another key responsibility. This involves conducting thorough credit checks, assessing financial risk, and determining creditworthiness to make informed recommendations on credit limits. Establishing terms and conditions for credit, including payment schedules and limits, in alignment with company policies, is essential for maintaining balance in new and ongoing client relationships.
Processing and reconciling incoming payments is a significant part of the role, ensuring alignment with outstanding invoices and maintaining accuracy. Preparing regular account statements and reports for clients, summarizing transactions and outstanding amounts, and managing the monthly and annual reconciliation of accounts are also central tasks. The Credit Controller collaborates with the finance team throughout these processes, ensuring timely, accurate data entry and reporting.
The Credit Controller is responsible for generating regular reports on outstanding debts, credit risk, and collections performance. These insights inform leadership and finance teams, contributing to the monthly reporting cycle and offering a clear view of collections status and account health. Ensuring adherence to credit policies and procedures is also essential, with a focus on identifying areas for improvement and implementing them effectively.
Ludlow (/lʌd.loʊ/) is a market town and civil parish in Shropshire, England. It is located 28 miles (45 km) south of Shrewsbury and 23 miles (37 km) north of Hereford, on the A49 road which bypasses the town. The town is near the confluence of the rivers Corve and Teme.
The oldest part is the medieval walled town, founded in the late 11th century after the Norman conquest of England. It is centred on a small hill which lies on the eastern bank of a bend of the River Teme. Situated on this hill are Ludlow Castle and the parish church, St Laurence's, the largest in the county.[2] From there the streets slope downward to the rivers Corve and Teme, to the north and south respectively. The town is in a sheltered spot beneath Mortimer Forest and the Clee Hills, which are clearly visible from the town.[3]
Ludlow has nearly 500 listed buildings,[4] including examples of medieval and Tudor-style half-timbered buildings. The town was described by Sir John Betjeman as "probably the loveliest town in England".[5]
