AR & Credit Control Specialist-2

Crane Company; Leicester; On-site; GBP 55,000 - 75,000; Full time

Job summary

Crane Company is seeking a skilled Credit Risk and AR professional to assess creditworthiness and manage high-volume accounts receivable across multiple currencies. You will review credit limits, collect references, and support collections with stakeholders from Sales to Legal.

The role requires hands-on experience in SAP FI/AR, advanced Excel, and strong analytical skills to drive risk-based decisions and improve cashflow. Based in the UK with on-site work.

Qualifications

• Bachelor’s degree in Accounting, Finance or related field is required.
• Minimum 6 years’ experience in credit, collections and accounts receivable in a high-volume environment.
• Experience working in multi-entity and multi-currency environments is preferred.

Responsibilities

• Assess and analyse the creditworthiness of new and existing customers.
• Review and propose credit limit changes in line with delegated authority levels.
• Obtain and evaluate credit and bank references as required.
• Recommend credit decisions based on risk assessment.
• Collaborate with Sales and Customer Care to identify alternative solutions when credit terms cannot be extended.
• Adhere to company policies and delegated authorities with timely approvals.

Skills

Attention to detail

Stakeholder management

Analytical thinking

Credit risk assessment

High-volume AR handling

Multi-currency experience

SAP experience (FI/AR)

Advanced Excel

Education

Bachelor’s degree in Accounting, Finance or related field

Tools

SAP FI/AR

Collections systems

Excel (Pivot, lookups)

Job description

• Assess and analyse the creditworthiness of new and existing customers
• Review and propose credit limit changes, ensuring approvals are obtained in line with delegated authority levels
• Obtain and evaluate credit and bank references where required
• Recommend credit decisions based on risk assessment
• Work with Sales and Customer Care to identify alternative solutions where credit terms cannot be extended
• Ensure adherence to company policies and delegated authority levels, seeking approvals in a timely manner
  

Key Responsibilities

• Assess and analyse the creditworthiness of new and existing customers
• Review and propose credit limit changes, ensuring approvals are obtained in line with delegated authority levels
• Obtain and evaluate credit and bank references where required
• Recommend credit decisions based on risk assessment
• Work with Sales and Customer Care to identify alternative solutions where credit terms cannot be extended
• Ensure adherence to company policies and delegated authority levels, seeking approvals in a timely manner
  

Credit Risk Management

• Assess and analyse the creditworthiness of new and existing customers
• Review and propose credit limit changes, ensuring approvals are obtained in line with delegated authority levels
• Obtain and evaluate credit and bank references where required
• Recommend credit decisions based on risk assessment
• Work with Sales and Customer Care to identify alternative solutions where credit terms cannot be extended
• Ensure adherence to company policies and delegated authority levels, seeking approvals in a timely manner
  

Collections & Accounts Receivable

• Manage a high-volume portfolio of customer accounts to ensure timely collections
• Manage accounts across multiple countries and currencies
• Carry out structured collection activities, including follow-ups and escalation of overdue balances
• Investigate and resolve invoice disputes, deductions, and short payments
• Support the reduction of aged debt and improvement of collection performance
• Support month-end reporting requirements
  

Cash Application & Reconciliation

• Perform timely and accurate cash application within SAP
• Allocate payments and ensure correct matching to customer accounts
• Reconcile unapplied cash and investigate discrepancies
• Maintain accuracy of the accounts receivable subledger and support month-end close
  

Stakeholder Management

• Work closely with Sales, Customer Care, Operations, Finance, and Legal teams to resolve issues
• Engage with customers to address payment queries and escalations
• Work with external credit agencies to support the assessment and determination of customer credit worthiness
  

Reporting & Process Improvement

• Use SAP and collections systems to monitor AR ageing and account activity
• Support the preparation of AR and collections reporting
• Identify and support process improvements to increase efficiency and control
• Support ad hoc credit, treasury, or cross-functional projects as required
  

Qualifications

• Bachelor’s degree in Accounting, Finance or related field (or equivalent experience)
• Minimum 6 years’ experience of credit, collections, and accounts receivable within a high-volume environment

Skills & Competencies

• Strong attention to detail and accuracy, combined with a proactive, hands-on approach
• Ability to manage multiple priorities in a high-volume environment
• Experience working in a multi-entity and multi-currency environment
• Strong SAP experience (FI/AR module) in an Accounts Receivable / Order-to-Cash environment
• Experience with collections or receivables management systems
• Advanced Excel skills (pivot tables, lookups, data reconciliation & large dataset analysis)
• Solid understanding of accounts receivable processes, including collections, cash application and reconciliation
• Experience allocating cash, resolving unapplied cash and investigating discrepancies, including variance analysis
• Experience managing customer collections and resolving payment issues
• Strong stakeholder management and communication skills
• Understanding of credit risk principles
• Strong analytical and problem-solving skills