Manage credit and collect unpaid money owed to businesses and other organisations
Given the importance of credit management, your role will be central to many operations, typically setting policies, facilitating sales, managing financial risk and customer relationships. Credit management typically manages and protects cash flow, while debt collection focuses on overdue, late or unpaid money owed to the organisation. This advanced credit controller and debt collection specialist apprenticeship offers you the opportunity to earn a qualification from either the Chartered Institute of Credit Management or the London Institute of Banking & Finance. Fast-paced and target-driven, these roles require a detailed knowledge of law, regulations and the business environment, and you’ll develop excellent technical and interpersonal skills. These are rewarding career choices if you’re a self-motivated and enthusiastic individual who would enjoy a varied role working at the centre of operations. In addition to the core requirements of the apprenticeship, one of three specialist options must be completed, from credit risk, advanced collections or enforcement and recovery.
Duration: 18 months
Relevant school subjects: Maths
Entry requirements for the credit controller and debt collection specialist apprenticeship: GCSEs in English and maths
Achievement upon completion: Level 3 (Advanced)—equivalent to A-levels
Potential salary upon completion: £23,000 per annum
Find out more: www.apprenticeshipguide.co.uk
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