Key Responsibilities
and Accountabilities:
Leadership
• Set weekly and monthly cash collection targets and key performance
indicators / other information to support strategies for debt collection and
cash management within the University.
- Ensure the team keep up to date on individual tasks such as resolving
accounts in dispute and chasing customers debt and provide day to day
management of transactions via the SAM system and the Finance system
TechnologyOne to ensure timely collection of all sums due to the
University.
- To lead and motivate the Accounts Receivable and Credit Control teams,
conduct appraisals and set direction for team members to support the
achievement of objectives.
Reporting and KPIs
• Ensure accurate and timely cash collection and aged debt reporting is
produced.
- Conduct regular ledger reviews with the Financial Controller and be able
to provide updates and reports on collection performance using key
performance indicators.
- Produce monthly reporting to Executive to report on a suite of KPI’s to
monitor and highlight debt movements, detail Credit Control
performance, debt collection and the current debtor position. Attend
meetings where required.
Collaboration
• Build effective relationships with the wider business to drive process
efficiencies, solve day to day problems and manage the cash position of
the University group.
- To support the Financial Accounts Manager in work relating to the annual
accounts, leading on the aspects in connection with Accounts Receivable
and Credit Control. Also liaising with internal and external auditors,
Faculties and Services of the University and the Student Loan Company as
required.
- Manage the Accounts Receivable month end closedown process.
Change management
• Review, recommend, and implement process and system improvements.
- Ensure that the Standard Operating Procedures and documented and
maintained, at least annually.
Customer service
• Ensure a consistently high level of customer service is provided by the
teams, in particular to students, and all queries are successfully handled in
a fair and consistent manner effectively liaising with other teams across
the University as required. Be the escalation point for both teams to
resolve any outstanding issues.
Other
• To undertake such other duties as may be reasonably required, and which
are consistent with the general level of responsibility of this job as
detailed by the line manager.
Special Circumstances: