Are you good with analysing facts and figures with sound business judgement? Then a career as a credit controller may be for you. Formal training is not always necessary, but a good standard of education will stand you in good stead - particularly in mathematical or financial subjects.
The workload of a credit controller is varied and depends on experience. Organisation and strong communications skills are necessary - as much of the role involves sending written correspondence and verbal contact with members of the public. The role of a credit controller can be in commercial or consumer-focused industries and involves making informed decisions towards approving loans while managing a portfolio of existing creditors. They will likely report to the company accountant.
What does a Credit Controller do?
Checking and monitoring current and potential client's credit ratings
Decision making towards approving loans
Stipulating terms and conditions of approved loans
Ensuring payment terms are met
Negotiating repayment terms
Enforcing sanctions for non-payments including handing these accounts over to litigation companies.
A junior credit controller salary can expect to be between £18,000 - £25,000 per year. Put your skills into practice by applying for one of our current vacancies.
Contact the Accountancy Division Team
Email the Accountancy Division at firstname.lastname@example.org.