Accounts Receivable Manager

Investigo Limited; City Of London; Hybrid; GBP 38,000 - 45,000; Full time

Job summary

A dynamic organisation is seeking an experienced Credit Control Manager to lead a team and drive effective credit control processes. This role involves managing accounts receivable, building strong relationships with business leaders, and ensuring alignment with organisational goals. The ideal candidate has over 5 years of experience in a similar role and excellent communication skills. This position offers a competitive salary of £45,000 and hybrid working options.

Qualifications

• Minimum of 5 years experience in Accounts Receivable management within a large organisation.
• Experience in managing and mentoring teams.

Responsibilities

• Oversee and manage a team of four direct reports.
• Build relationships with key business leaders.
• Analyse aged debt reports and monitor high-value accounts.
• Manage accounts receivable ledger closure.
• Ensure account details are up to date.
• Oversee daily cash receipt processing and investigate duplicate payments.
• Identify overdue accounts for escalation.
• Perform general AR tasks as needed.

Skills

Chasing debt effectively

Strong understanding of credit control procedures

Intermediate proficiency in Microsoft Office

Excellent communication skills

Organisational and time management skills

Self-motivated and focused

Ability to work under pressure

Team player

Education

Degree or equivalent professional experience

Job description

Credit Control Manager - Fixed Term Contract - 12 months

• Location: London (Hybrid working available)
• Contract Type: Fixed Term Contract - 12 months
• Start Date: Immediate
• Salary: £45,000

I am looking for an experienced Credit Control Manager to join a dynamic organisation on a fixed-term contract. This position will involve leading a team, driving effective credit control processes, and ensuring alignment with organisational goals.

Key Responsibilities

• Oversee and manage a team of four direct reports, assigning daily and weekly tasks and ensuring reconciliation and processing targets are met.
• Build strong relationships with key business leaders, conduct monthly debtors' meetings, and take necessary actions on potential bad debt accounts.
• Analyse aged debt reports, monitor high-value accounts, and track and report anticipated cash inflows weekly.
• Manage accounts receivable ledger closure, including bank reconciliations, debtor reconciliations, and fee reconciliations.
• Ensure account details are up to date and monthly statements are sent.
• Oversee daily cash receipt processing, investigate duplicate payments, and prepare weekly payment and transfer approvals for review.
• Identify overdue accounts for escalation, maintain a detailed log of actions, and liaise with legal counsel to pursue appropriate resolutions when necessary.
• Perform general AR tasks as needed, including chasing debt, performing reconciliations, and banking requirements.
• Adhere to KPIs and SLAs and perform regular reconciliations of the balance sheet and expenses.

Skills and Competencies

• Proven ability to chase debt effectively while maintaining strong customer relationships.
• Self-motivated, focused, and driven to achieve measurable cash targets.
• Strong understanding of credit control procedures.
• Intermediate proficiency in Microsoft Office applications.
• Excellent communication and interpersonal skills, both written and verbal.
• Exceptional organisational and time management abilities.
• A proactive approach, with the ability to work under pressure and meet tight deadlines.
• Strong team player with the flexibility to adapt to evolving business needs.

Qualifications and Experience

• Degree educated or equivalent professional experience is desirable.
• Minimum of 5 years of experience in Accounts Receivable management within a large organisation.
• Experience in managing and mentoring teams.

This role is your chance to contribute to a visionary organisation, working alongside a supportive team while showcasing your leadership and credit control expertise. If you are a results-driven professional ready to take on a challenging and rewarding position, I'd love to hear from you.

Apply now to secure your opportunity!