Credit Controller

About us

Established in 2010, Sunterra Solar is the largest solar and battery installation company in Australia. We are proudly a Clean Energy Council Approved Solar Retailer with our presence in five states. Being signatory of Clean Energy Council Code of Conduct, we are committed to best industry practices. As our business expands, we are looking to bring on and develop top talent.

Overview of the role

The Credit Controller will be managing our wholesale business's credit risks and optimising the accounts receivable process to improve cash flow and minimise bad debts. This role requires a strategic approach to financial management, combining robust credit control practices with efficient accounts receivable management.

Key Responsibilities:

1. Credit Control and Risk Management:

• Develop, implement, and maintain comprehensive credit policies and procedures to minimise credit risks.
• Conduct detailed credit assessments for new and existing customers, setting and adjusting credit limits and terms based on risk analysis.
• Monitor customer creditworthiness and payment trends, taking proactive measures to reduce exposure to bad debts.

2. Accounts Receivable Optimisation:

• Oversee the entire accounts receivable process, from invoicing and billing to the collection of outstanding debts.
• Implement efficient billing systems and procedures to ensure timely issuance of invoices and reduce the days sales outstanding (DSO).
• Coordinate with the sales and customer service teams to resolve billing disputes and maintain positive customer relationships.

3. Debt Recovery Strategies:

• Develop and execute effective debt recovery strategies, prioritising high-risk and aged receivables.
• Negotiate payment plans with delinquent accounts and manage the involvement of collection agencies or legal counsel as necessary.

4. Cash Flow Management:

• Forecast and manage cash flow impacts related to accounts receivable, ensuring sufficient liquidity for operational needs.
• Implement strategies such as early payment discounts or penalties for late payments to encourage timely collections.

5. Reporting and Analysis:

• Generate regular reports on accounts receivable status, credit risk exposure, and effectiveness of credit control measures.
• Analyse trends in customer payment behaviours and adjust credit and collection strategies accordingly.

6. Compliance and Internal Controls:

• Ensure adherence to financial policies and regulatory requirements related to credit and accounts receivable.
• Strengthen internal controls to safeguard against financial errors, fraud and mismanagement in the accounts receivable process.

Qualifications:

• Bachelor’s degree in Finance, Accounting, or Business Administration, with professional qualifications such as CPA or CICM being advantageous.
• Extensive experience in credit control and accounts receivable management, ideally within the renewable energy sector or similar industries.
• Strong analytical and problem-solving skills, with proficiency in financial software and systems related to credit management and accounts receivable.
• Excellent negotiation, communication, and interpersonal skills, capable of managing internal and external stakeholder relationships effectively.