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Credit Controller
When a prospective client wants to open an account with a company, the credit controller needs to investigate the credit-worthiness and debt repayment record of such a client.
The credit controller uses his/her company's credit policy as a guideline, reviews the client's financial reports, contacts credit bureaus and other institutions for credit references and has personal interviews with the prospective cient or his/her representatives. They have the financial authority to accept or reject credit applications. If a new client is accepted, they draw up the contract documents. They must be able to interpret the legal terms and requirements to the client. The credit controller must review all accounts on a mothly basis, and companies who cannot or will not pay their accounts are contacted to settle their debts. They hand defaulting account holders over to a legal company or collection agency for further action.
Source:The Ultimate Career Guide
Useful Information
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Career Snapshot Credit Controller |
In Demand
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Qualification Required |
Work Outdoors |
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Maths Required |
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Science Required |
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This is a general guide - it is important to check admission requirements with the various training institutions first because entry requirements may vary.
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