Treasury Officer/credit Controller - Stockton-on-Tees, United Kingdom - Imperial Workforce

Imperial Workforce

Verified Company

Stockton-on-Tees, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Treasury Officer/Credit Controller

Stockton on Tees

Permanent

£22,000 per annum

This is a key financial role within the group, responsible for owning the full Cash management cycle of the business and supporting the Finance team across several divisions to aid the efficient management of our clients Cash position, and Customer and Supplierrelations in a collaborative way.

Value Added/Impact:

Ensure an efficient running of all bank accounts keeping these at the desired level to optimise cashflows
Purchasing of Foreign currencies to ensure funds are readily available at the best rate and price
Deliver a multitude of role related key finance debt and admin tasks across several areas to time each month
Customer engagement to ensure records to support some of these tasks are accurate and right first time supporting any financial movement of funds needed to and from customers (& at times suppliers)
Works closely with the management accountants and Finance Director/CFO to support their roles in these tasks, thereby freeing up their time to support the commercial front end of the business
Customer cash reconciliation and administration of contactless transactions in a timely fashion to SLA
Drives process improvements that impact on the speed, efficiency, accuracy, and relevance of the tasks
Focused credit control processes that collect the business' cash in a timely fashion in an effective and customer collaborative way

Key Responsibilities and Accountabilities:

To have full control of the credit control function for all divisions
To ensure cash is collected in a timely manner to ensure good cashflows
To build relationships with customers
To ensure any legal action required is followed up professionally and promptly
To ensure any likely bad debts are flagged to the Finance Director immediately
To cover purchase ledger to support the team when holidays arise

Key Tasks:

Credit control chasing, collecting, and taking payment
Organising direct debit collections
Bad debt tracking
Legal action
Producing customer statements
Debt reviews and preparation with FD/CFO
Supporting the finance team as required
Daily bank postings and reconciliation including cash allocations
Cashflow management
Reporting for MID Merchant / NMi /Elavon transactions, ensuring repayments to customers are accurate and timely
MID bank reconciliation

Key Skills, Knowledge & Experience: