A Sales Ledger ensures that a company’s finances are kept in check, and that everything is invoiced properly. Duties include chasing outstanding debt, providing creditors with VAT receipts, running turnover statements and producing invoices. It’s an ideal start to a career for an ambitious person with both strong numeracy and communication skills. The role requires … Continued
According to a new report from debt charity StepChange, government departments, local authorities and bailiffs have some of the most unfair practices when it comes to the treatment of people in problem debt. The report, entitled “Creditor and debt collector conduct: What’s making debt problems worse?” found that many government departments are failing to take … Continued
The Chartered Institute of Credit Management (CICM) has expressed concerns over a recent move proposed by the government, which could have serious consequences for creditors. The move proposed, similar to the USA’s chapter 11, aims to ensure businesses that are distressed yet viable can be rescued quickly from insolvency. The government has previously stated that … Continued
Credit Controllers have one of the most challenging yet important roles in a business, and a good Credit Controller is hard to find. Recovering unpaid money from individuals or businesses is a job that requires a variety of different skills to succeed, many of which are hard to teach. Past experience in call centres or … Continued
Credit Analysts are tasked with assessing the credit ratings of people or companies after they have applied for credit and must determine the likelihood of a borrower repaying their financial obligations. The role is a highly responsible one, as employers put a lot of trust in the decisions made by credit analysts. A credit analyst … Continued