Head of Credit Control
Posted 4 hours 18 minutes ago by Portfolio Credit Control
Permanent
Not Specified
Other
London, United Kingdom
Job Description
Senior Credit Controller
As a Senior Credit Controller in the real estate sector, your role involves managing the credit and collections processes to ensure timely payments from leasehold tenants. This role will have a particular focus on the retail sector.
Key Responsibilities- Credit Policy Adherence: Monitor and enforce existing credit policies, ensuring best practice across the Accounts Receivable function.
- Tenant and Client Relations: Build and maintain positive relationships with tenants, clients, and other stakeholders, serving as the primary point of contact for credit-related inquiries, disputes, and escalations.
- Collections Management: Monitor and manage accounts receivable aging reports, proactively following up on overdue payments, issuing reminders, and initiating collections actions as necessary to minimize delinquencies and maximize cash flow.
- Negotiation and Resolution: Negotiate payment arrangements with delinquent tenants and clients, collaborating with property managers and AR management team to resolve disputes and minimize financial losses.
- Credit Analysis and Reporting: Analyze credit and collections data to identify trends, assess portfolio performance, and forecast cash flow projections. Prepare regular reports and presentations for senior management, highlighting key metrics and actionable insights.
- Compliance and Legal Compliance: Ensure compliance with relevant regulations, lease agreements, and industry standards governing credit and collections activities.
- Process Improvement: Identify opportunities for process improvement and automation within the credit and collections function, assisting with implementing technology solutions and best practices to enhance efficiency, accuracy, and scalability.
- Mentorship: Provide guidance and training to credit control staff, fostering a culture of accountability, collaboration, and continuous learning to optimize team performance and achieve departmental goals.
- Previous experience in the property industry desirable, combined with a minimum of 4 years' experience in credit control and a strong knowledge of the end-to-end credit control process.
- Must be numerate, computer literate, and possess good communication skills.
- Excel experience within a Windows environment.
- Must have the ability to work under pressure, use their initiative, and have a flexible yet ordered approach to their work.
- Confident, assertive, and strong attention to detail.
- Experience of working in a high volume and target-driven environment.
- Previous supervisory experience is desirable.