Credit Controller: What is the cost of hiring?

Why hire a Credit Controller?

A dependable Credit Controller maintains the company’s debtor accounts to make sure that the outstanding debts are paid within the laid down timelines.

• Develop and implement policies to ensure timely payments and maintain customer retention
• Manage and monitor debtor balances to minimize unpaid debts and maintain a healthy cash flow
• Liaison with sales team and customers to manage debtors

Skills to look for in a great Credit Controller

It is important to thoroughly vet all candidates and review their skills and qualifications needed for a Credit Controller before making the selection of the suitable candidate.

• Bachelor’s degree in accounts, finance, maths or related fields
• Relevant and proven experience as Credit Controller for more than 5+ years
• Good experience of data entry and credit software’s
• Proven experience of making successful credit decisions
• Excellent analytical skills with attention to detail
• Proven interpersonal and communication skills to deal with customers

Writing a Credit Controller job description

Writing an effective job description includes a list of job responsibilities, duties and necessary skills to find suitable Credit Controller candidates.

Consider including keywords that job seekers are using to search for Credit Controller jobs, such as:

• Credit Analyst
• Credit Risk Officer
• Commercial Credit Controller

Interviewing Credit Controller candidates

To interview candidates for Credit Controller, the knowledge and skills of potential candidates have to be identified and then compared.

• Proficiency in making Credit decisions
• Knowledge and experience of company financials including how to streamline cash flows
• How they’ve excelled at controlling credit, ensuring good debt control to ensure steady cash flow for the company.

See our list of interview questions for more examples.