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European Director of Credit

CWC Recruitment Ltd
Job LocationLondon
EducationNot Mentioned
Salary90,000 - 120,000 per annum, OTE
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent , full-time Work from home

Job Description

European Director of CreditRemote working£85,000 - £100,000 + 20% bonusThis role heads up collections and cash across a growing global remit reporting into a Global O2C Director. The purpose of the role is to lead a team with an emphasis on staff and skill development. You will manage a department that optimizes cash flow andworking capital, proactively implementing strategies to manage aged receivables and to drive down uncollectible expense. Maintaining strong relationships with internal key partners and external customers is key as well as leading continuously process improvement.

  • Managing a function of 35-40 staff with 6 direct reports across multiple locations. The largest teams being based in German, France and Italy.
  • Provides reports with a focus on financial performance and strategy execution and communicate to internal leadership where applicable
  • Collaborate to set policies such as customer research, credit line monitoring, fraud review, monitoring and improving accounts receivable aging.
  • Develop monthly targets for collection staff
  • Develop departmental KPIs that drive business results in a timely, clear, and impactful manner
  • Design and implement processes and controls to improve cash flow, reduce receivables and improve productivity
  • Communicate performance, issues and recommendations
  • Ensuring process improvement initiatives are investigated and followed though where beneficial
  • Review and ensure that all collection activity is recorded accurately and appropriately in the relevant systems
  • Maintaining strong relationships with other internal departments and third-party vendors including banking partners
  • Negotiate contracts with third-party vendors such as collection agencies
  • Manage employee morale and succession planning
Required Skills & Experience
  • Previous experience as a Credit Manager in a large global business covering an EMEA region
  • Languages skills would be beneficial - Preferably German, Italian and/or French
  • Experience of managing 25+ staff and at least 5 years in a managerial capacity
  • Experience of working in an O2C function, shared services, FTSE business or similar
  • A track record of process improvement & delivering successful results
  • Proven experience of creating and implementing KPIs
  • Work with multiple ERP systems and collection software
  • Ability to manage transactional and remote teams
  • Excellent organizational and planning skills
  • Demonstrated record of process improvement
  • Ability to communicate effective both orally and in writing
  • A strong leader and negotiation skills
  • CICM Qualified / Degree in Accounting / or Finance related qualification
CWC is a specialist recruitment consultancy dedicated to recruiting credit professionals. We have over 40 years of credit control and credit management recruitment experience. We are true experts within our field. Required skills Credit Control

Keyskills :
Credit ControlGermanItalianMultilingualO2C

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