Credit Manager

Job Introduction

We are currently looking to appoint an experienced Credit Manager in our head office SSC finance team in Long Eaton.   Reporting into the Transactional Finance Manager, your main responsibility will be to effectively manage the team in order to minimise bad debt and maximise turnover through the continuous development and application of the Company’s credit policy and the SSC’s invoicing & collection processes.

Key Responsibilities 

• Effectively lead and develop the team to ensure a high level of service to the business by setting achievable KPIs, carrying out Performance and Development reviews on a regular basis, and ensuring individuals are trained and supported to be able to carry out their roles
• Foster an environment of good communication between Credit Control, Operational Management, Sales Management and the Branch network
• Develop and apply suitable Risk and Credit policies by division and ensure compliance with them
• Prioritise and monitor resources to maintain effective control measures and deliver best-in-class service by identifying process improvement opportunities and ensuring effective project management and KPI tracking as agreed with Head of SSC, for example query discovery and resolution speed, unallocated cash reduction
• Oversee effectiveness of the team in terms of debtor days, bad debts, unallocated cash, open queries, and level of legal actions
• Ensure timely, accurate and proper completion of all Credit Control and Accounts Receivable activities, including verification and review of third party deliverables.
• Provide financial information to Divisional Finance teams in accordance with the SSC SLA or as otherwise agreed
• Ensure appropriate department procedures are maintained, updated and documented

What We’re Looking For 

• Experience of managing an effective transactional finance team
• Competent people manager
• Knowledge of all relevant UK legislation relating to credit
• Ability to effectively report on all transactional activity
• Pro-active approach to developing and enhancing processes and procedures to drive efficiencies
• Experience of developing a team in an SSC environment 
• Ability to work on own initiative
• Knowledge of legal proceedings relating to transactional finance and associated practices
• Comfortable using Transactional Finance systems and all MS Office packages
• Understanding of various types of insolvency
• Excellent attention to detail

What We Can Offer You 

• Salary sacrifice pension
• Monday – Friday (No weekend work!)
• 25 days holiday, plus bank holidays
• Additional holiday purchase scheme
• Free Tool Hire
• Life Assurance cover 3x salary 
• Share save scheme 
• Eye care vouchers
• Recommend a friend scheme 
• Learning & Development – commitment to upskilling and developing our people, structured in house training available alongside external training where required
• Cycle to work scheme 
• Long service recognition 
• My Vp discounts – a variety of discounts and rewards on thousands of well-known brands
• Discounts on HP products
• EE mobile contract discount offers
• Gym discounts
• Health Shield (discounted premiums on health care cash plan)
• Employee Assistance Programme
• Virtual GP Service
• Will Writing & Funeral Concierge Service
• Regit Assist 24/7 accident helpline – free joining

A Little Bit About Us

Established in 1954, Vp plc has evolved into a dynamic group of companies with expertise in equipment rental. Our organisation encompasses eleven prominent operating divisions: Airpac Rentals, Brandon Hire Station, Hire Station, MEP Hire, ESS, Groundforce, TPA, Torrent Trackside, Vp Rail, UK Forks and CPH.

Across these divisions, we proudly provide an extensive range of specialist products and comprehensive services tailored to various industries. Our offerings cater to diverse sectors such as construction, civil engineering, rail, water, oil and gas, outdoor events, and housebuilding.

With a rich history and a commitment to excellence, Vp plc is your trusted partner for all your equipment rental needs.

Vp plc is an equal opportunities employer. We believe passionately that employing a diverse workforce is central to our success. We make recruiting decisions based on your experience and skills.