IBA / Credit Controller

Recruiter
MW APPOINTMENTS
Location
London
Salary
£30000.00 - £35000.00 per annum
Posted
16 Apr 2017
Closes
16 May 2017
Contract Type
Permanent
Hours
Full Time
Credit Controller - IBA Assistant
Reporting to the IBA Manager, the Credit Controller will be responsible for effective delivery of the credit control function of small but growing MGA.
·Issuing monthly statements to all clients; and follow up throughout the month with client/brokers and UW teams in house.
·Be proactively recover due balances; within target KPI deadlines.
·Thorough Client/3rd Party ledger maintenance to clear receipts and payments on accounts.
·Liaise with relevant internal departments to clarify unallocated cashes, making notes on ledgers to action effective clearance.
·Produce detailed debtors report on monthly basis with commentary on aged balances;
·Top debtor list and detailed notes on debt areas.
·Raise payments for third party commission accounts for balances payable;
·Other adhoc duties with team during absences, including support for the cashier function and bordereau production as required.

Daily and weekly duties including:
·Robust and effective means of chasing clients for settlement of debts on account. Liaising with them by telephone, e-mails and following up for resolve of debts on ledgers.
·Reconcile ledgers to client statements for their settlement.
·Discuss issues/queries in house with underwriting teams and meet with brokers to discuss clearance of debts.
·Any items more than 60 days unpaid to have complete evidence of being chased, issues followed up for clearance from ledgers. Also discussed with underwriting teams for their assistance to liaise with clients/brokers of their accounts
·Monthly reporting for KPI - prepare and advise KPI days outstanding.
·IBA monthly meeting - Discuss problem areas and progress report, bring to IBA managers attention.

Experience required:
Previous credit control experience and double entry accounting knowledge is essential, to be proficient with numbers, and confident to liaise with clients and colleagues alike. Preferably an IBA all-rounder, used to working friendly outgoing teams in a small Office in London, US and Mumbai.

MW Appointments is acting as an Employment Agency in relation to this vacancy.