Credit Control Manager
CurrentAnalyzing accounts receivable aging reports for over 800 accounts, identifying overdue balances, andimplementing strategies to reduce delinquency rates and improve cash flow management.Manage the generation, issuance, and recording of more than 800 invoices each month, ensuringtimely and accurate billing through automated invoicing systems for greater operational efficiency.Processing and posting over £2 million in customer payments monthly, ensuring accuracy in financialtransactions and maintaining precise financial records.Recovering over £500,000 in outstanding debts by developing and executing strategic debt recoveryplans, negotiating payment terms, and improving overall collection efficiency.Assisting in the preparation of quarterly internal audits and annual external audits, ensuring fullcompliance with HMRC regulations through the accurate maintenance of documentation andproviding detailed audit support.Reconcile £10 million in accounts receivable balances monthly with the general ledger using SAGE 50,SAGE 200, Xero, and Microsoft Excel, ensuring timely reporting and financial compliance.Reduce Days Sales Outstanding (DSO) by 25%, optimizing cash flow and working capital throughstreamlined collections and enhanced debt recovery processes.Leading the successful migration to SAGE 200 Business Cloud, automating 50% of accounts payableand receivable workflows, reducing manual efforts, and improving the accuracy of financial reporting.Ensuring timely generation and dispatch of invoices, verifying compliance with company policies andcontractual agreements to improve billing efficiency.Oversee accurate recording of payments received via cheque, bank transfer, or other methods,ensuring correct application to customer accounts and maintaining financial integrity.Implementing and managing credit control policies, minimizing bad debts, and maintaining healthycash flow by setting credit limits and conducting credit risk assessments on new customer.
