Credit Control Jobs - Easily Available And Interesting As Well

By Author: Samuel Arthur
Total Articles: 66
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Credit Control Jobs are related to controlling the credit inflow and outflow of an enterprise. The larger the size of the business, the more the credit finance which requires to be managed. Depending upon the enterprise, the job could involve controlling for consumer credit or commercial credit. The consumer credit management implies looking after credit offered to various customers while business credit implies to managing business credit transactions.

In most cases, the work profile of the credit controller will include checking customer's credit rating with banks and allied financial institutions, deciding upon the issuance of credit and also its terms and conditions. At the same time, you will be required to chalk out the repayment schedules and other terms of credit. Following up with the customers for on time repayments is a responsibility which the credit controller has to undertake.

The actual extent of duties delegated to a credit controller does depend upon various factors such as your educational qualification, experience and even managerial capacity of handling credit accounts. Apart from this, you ...
... may also be required to look after accounts and related administration jobs. In case you have gained considerable experience and expertise in credit control, you may even assume the role heading the credit control department and guiding the entire team in credit and recovery processes.

If you are wondering about your work schedule, then it is going to be fixed and pretty regular. Hence you could expect regular office timings with a five day week. However, in certain cases such as quarter end or year end, you may be required to put in extra time in order to get your accounts and records in proper order and submit them well in time. You may be required to travel out of office in case you need to handle certain critical accounts or attend to legal proceedings in case of non payment of credit by customers.

The qualifications required for becoming a credit controller include a relevant basic education, degree in accountancy such as BTEC, an HND in Business and Finance. Apart from which you do require relevant experience in handling financial accounts and related bank work as well. If you aim for a job in credit control, it would be best to begin working with a company's collection department and acquire suitable experience in handling customers and in how to recover credit from them on time.

The other inherent skills which will help a person in performing the job in a better way include the ability to think fast, decision taking ability, good communication skills - both written as well as oral, work under pressure, have an eye for detail, great analytical skills and lastly knowledge of computers.

Well, in the initial stages of a career, you could always give it a try by joining at an entry level. If the job profile suits you well enough, you could further delve into it and even pursue special courses and examinations which could accelerate your career in this field to a great extent. With relevant guidance and training, you could swiftly move upwards to become a credit manager within a span of 3 - 5 years. The remuneration of a credit control job could increase considerably as you accumulate experience and handle credit accounts with in a better way.

Know more about visit : http://www.rkaccountancy.co.uk