Credit controller – Finance Operations team, Continental Europe, located in Barcelona or Madrid.
Responsibilities
- Pro-active credit control
- Ensure overdue/late accounts are followed up and escalated to management.
- Follow up on action points/escalations from review meetings and update Line manager.
- Analyse and review trends and provide recommendations to reduce the overdue debt in consultation with Line manager.
- Allocate cash to receivables.
- Handle and follow up on any queries from the collections operation including cash allocation.
- Allocate IPT/Taxes and follow up queries with Tax Department.
- File documentation and activity as required.
- Timely investigation and resolution of challenging accounts/cedants is expected.
- Collaborate with Finance department, underwriting department, claims department, brokers and clients to resolve any queries or technical issues.
- Ad hoc duties as directed by Line Manager.
Qualifications
- 5+ years experience in a similar role within the Insurance/reinsurance market in Continental Europe is essential.
- Experience of credit control in the Insurance sector, especially in context of co‑insurance.
- Experience of Aged Debt Reporting and analysis is essential.
- Strong Excel skills at Proficient Level (including macros) are essential for this role.
- Strong grasp of business processes and systems.
- Ability to work on own initiative.
- Ability and confidence to challenge existing procedures and use of system.
- Strong technical skills including credit control skills.
- Good understanding of co‑insurance systems and procedures.
- Knowledge of Insurance and Reinsurance products in Continental Europe would be an advantage.
- Awareness of Sox Controls is desirable but not essential.
- Associate or member of the Chartered Institute of credit management is desirable but not essential.
- English language skills are essential, Italian or French language skills are an advantage.
Benefits
We continuously evaluate and update our
📌 (Senior) Credit Controller (España)
🏢 Sompo
📍 España
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