Credit controller
Credit controllers manage the money given to customers and recover debts owed by businesses and individuals.
What you'll do
Day-to-day tasks
As a credit controller, you could:
- check customer credit ratings and set up credit accounts
- speak with customers to organise repayments
- start legal proceedings if debts are not paid within an agreed time
- process payments and keep customer records up to date
- produce credit reports for management
Working environment
You could work in an office, in a contact centre, from home or at a client's business.
Career path and progression
With experience and professional qualifications, you could:
- become a credit manager
- work with an accountancy firm
- become a self-employed consultant
- advise businesses on credit systems
What it takes
Skills and knowledge
You'll need:
- customer service skills
- to be thorough and pay attention to detail
- maths knowledge
- administration skills
- excellent verbal communication skills
- active listening skills
- persistence and determination
- patience and the ability to remain calm in stressful situations
- to be able to use a computer and the main software packages confidently
How to become
You can get into this job through:
- a university course
- a college course
- an apprenticeship
- working towards this role
- applying directly
You could do a foundation degree or degree in:
- business
- finance
- accounting
- business and management
Some larger companies offer graduate training schemes, which prepare you for a career in credit control and management.
Entry requirements
You'll usually need:
- at least 1 A level, or equivalent, for a foundation degree
- 2 to 3 A levels, or equivalent, for a degree
More Information
You could do a college course which will give you some of the skills you’ll need to apply for a trainee credit controller position.
Courses include:
- bookkeeping and accounting
- computerised accounting for business
- business and finance
- a T Level in Finance
You can speak to your college to find the right level course for you. Some colleges also offer distance learning courses.
Entry requirements
Entry requirements for these courses vary.
- 4 or 5 GCSEs at grades 9 to 4 (A* to C), or equivalent, including English and maths for a T Level
More Information
You could apply for an apprenticeship such as:
- Credit Controller and Collector Level 2 Intermediate Apprenticeship
- Credit Controller and Debt Collection Specialist Level 3 Advanced Apprenticeship
These can take between 1 and 2 years to complete.
If you want to train for a manger role, you could take an Account and Finance Manager Level 6 Degree Apprenticeship over 3 years.
Entry requirements
You'll usually need:
- some GCSEs, usually including English and maths, or equivalent, for an intermediate apprenticeship
- 5 GCSEs at grades 9 to 4 (A* to C), or equivalent, including English and maths, for an advanced apprenticeship
- 4 or 5 GCSEs at grades 9 to 4 (A* to C) and A levels, or equivalent, for a degree apprenticeship
More Information
You could start as a finance assistant in a credit control department. You could then train on the job to become a credit controller or deputy manager.
The Chartered Institute of Credit Management offers courses at different levels tailored to your experience.
You can apply directly to be a credit controller, as many companies will train you on the job. The qualifications and experience you'll need will vary.
Most employers will expect you to have:
- 3 to 5 GCSEs at grades 9 to 4 (A* to C), including maths
- the ability to use spreadsheets and accounting packages
- experience of office administration or customer service work
You might be able to move into credit control if you have experience in:
- bookkeeping
- accounts
- debt collecting
You can find out more about careers in credit control and management from the Chartered Institute of Credit Management.
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