Credit Control & Compliance Officer

KCR Solutions
Newcastle Upon Tyne
01 Apr 2019
06 May 2019
Contract Type
Full Time

Job Introduction

KCR are looking to recruit a Credit Control & Compliance Officer within the Accounts Receivable department for a successful growing organisation based in Newcastle to create and sustain an environment where the credit worthiness of customers is assessed and monitored, maximising company sales and profits by trading to an acceptable level of risk and minimising bad debts.

Main Responsibilities

  • Assessment of new accounts for credit facilities
  • Agreement of limit based on Credit Search, Sales team and external information relative to required level of trade
  • Ensuring Credit limits are authorised in line with Delegation of Authority
  • Communication of credit limits to Data Management, Sales, Operations and Credit Control teams as appropriate
  • Monthly review and agreement of new limits upload from Credit Reference Agency
  • Re-assessment of overridden credit limits in line with credit policy
  • Ensuring high risk and strict watch accounts trade to agreed maximum credit limits/small tools trade only
  • Active monitoring and re-assessment of account limits where trade exceeds agreed limit.
  • Liaising with Credit Control, Sales and Litigation teams to agree actions where limits are exceeded due to non-payment of debt
  • Develop and maintain strategy and risk profiles to drive order blocking at point of hire/sale
  • Develop and maintain relationships with Sales and Operations teams to drive credit policy understanding and compliance
  • Optimise usage of reporting tools provided by credit manager to support Risk Exposure Management such as;
  • Monitoring customer credit worthiness against outstanding exposure
  • Monitoring payment behaviour
  • Analysing financial information such as balance sheets, P&L accounts, cash flow statements and forecasts to support exposure decisions

The Ideal Candidate

  • Self -motivated and conscientious
  • Good Communicator
  • Good time Management skills
  • Good organisational and communication skills
  • Customer Service excellence
  • Development of personal and professional qualifications as deemed necessary.
  • Flexibility in all areas of the role
  • Excellent Negotiation Skills
  • Excellent Interpersonal skills
  • Capable of developing strong client relationships
  • High level of integrity and trust
  • Ability to work effectively under pressure

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