M2 Professional Recruitment Services Ltd

Our client requires a hardworking, well performing Credit Controller to join their team based in Manchester. The role will involve managing your own portfolio of Invoice Finance business clients with responsibility for the day to day credit control relating to the portfolio, chasing debts whilst managing ledgers and reconciliations. MAIN DUTIES/RESPONSIBILITIES: Responsible for the posting of cash against a client portfolio before. Have an understanding of the client's business when chasing debts. Manage a portfolio of full-service factoring clients. Chase outstanding debts by telephone, email and letter in line with the client credit control schedule. Performing 2 full chases for each client each month. Using call back sheets to ensure all calls are captured. Verifying debts on the system when chasing. Agreeing repayment plans where appropriate. Identifying accounts for legal action where appropriate. Dealing with customer queries - disapproving invoices if required. Tracing customer collections within the system. Setting up and maintaining client files for credit control purposes. Communicate regularly with clients and provide written updates bi-weekly. Communicate with the client manager and client executive and provide regular updates if issues arise. EXPERIENCE 2 years' experience of working within a credit control role, ideally for a factoring/invoice finance lender. SKILLS Basic understanding of word/excel. Basic understanding of bespoke C3 system. Good communication skills - confidence to ask questions. Ability to adapt to varying workloads. Good time management skills. This role is the first step into a business that offers fast career progression into Client Support, Account Management, Audit, Team Leading and more. Opportunities for promotion are widespread due to the continued growth and success of the business. The successful candidate will be rewarded with an excellent starting salary, plus bonus and excellent benefits.

An excellent opportunity has arisen for a Recoveries Executive within a leading independent provider of Invoice Finance in Manchester. Key Responsibilities: Manages portfolio of collect out clients as directed by Line Manager professionally, tenaciously and that where appropriate suitable third party law firms or agents are engaged in line with BFS UK legal panel firms for a mixed portfolio of BFS UK Commercial client accounts Ensure that Riskfactor (or any future system which may replace it) is used consistently and that all stakeholders are able to view and understand our recoveries strategy along with progress and expected timescale for each case at any time by reviewing the system Be responsible for the collect out and bad debt provision report for one or more BFS Commercial business units ensuring that the appropriate Head of Business unit approves both prior to submission to BFS Risk and Finance. Recovers indebtedness by pursuing securities & sales ledger, initiating legal proceedings or instructing solicitors. In conjunction with the Risk Manager for the relevant BFS Commercial business unit undertake reviews of all bad debt provisions of £25k or greater using the appropriate reporting format, that the contents are agreed with the Line Manager and the appropriate Risk Manager to help drive lessons learned. In return you can expect a competitive basic salary, bonus and an excellent range of additional benefits.

A leading provider of Asset Based Lending in the UK is looking for an experienced Client Manager to join it's growing team. Key Responsibilities: Managing the relationship and risk management of a growing portfolio of IF clients. Delivering excellent customer service whilst ensuring the collateral base of each client is maintained up to date. Risk management of IF /ABL portfolio, including timely completion of monthly reconciliation of the client's Accounts Receivable ledger to the HPD system ledger, updating monthly reserves and proactive use of Risk Factor. Liaising with and point of contact for the 'Lease & Loans' team where they have provided additional loan facilities. Assist in structuring ABL facilities and combined IF/Collateralised Loans - working with ABL Underwriter, Sales and Portfolio Director. Undertake visits to clients, prepare subsequent visit notes and action relevant points from the meeting. General portfolio administration - including updating Salesforce records, ensuring client's accounts are received on time, completing covenant testing, scheduling audits and verifications etc. Undertake client reviews on regular basis, including analysis of client's collateral base and financial performance. Participation in projects as and when they arise Key Requirements: Min 10 years' experience of lending and credit operations, in the ABL and IF sector. Understanding of ABL / IF markets Ability to identify key risks and mitigants Robust financial analysis skills - including critical analysis of p&l, cashflows and b/sheets and covenant monitoring e.g. debt serviceability and profitability. Capable of working independently as well as part of a team Excellent communication skills in all forms Problem-solving aptitude Excellent organisational and time management skills Computer literacy Ability to work under pressure Self-motivated

An excellent opportunity has arisen for a Recoveries Executive within a leading independent provider of Invoice Finance in Manchester. Key Responsibilities: Manages portfolio of collect out clients as directed by Line Manager professionally, tenaciously and that where appropriate suitable third party law firms or agents are engaged in line with BFS UK legal panel firms for a mixed portfolio of BFS UK Commercial client accounts Ensure that Riskfactor (or any future system which may replace it) is used consistently and that all stakeholders are able to view and understand our recoveries strategy along with progress and expected timescale for each case at any time by reviewing the system Be responsible for the collect out and bad debt provision report for one or more BFS Commercial business units ensuring that the appropriate Head of Business unit approves both prior to submission to BFS Risk and Finance. Recovers indebtedness by pursuing securities & sales ledger, initiating legal proceedings or instructing solicitors. In conjunction with the Risk Manager for the relevant BFS Commercial business unit undertake reviews of all bad debt provisions of £25k or greater using the appropriate reporting format, that the contents are agreed with the Line Manager and the appropriate Risk Manager to help drive lessons learned. In return you can expect a competitive basic salary, bonus and an excellent range of additional benefits.