Manchester
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Invoice Finance Recoveries Executive

Where

Salford

Type

Permanent

Salary

32000 Annual

Invoice Finance Recoveries Executive - Manchester (Hybrid)

Bibby Financial Services have an exciting opportunity available for a reliable Invoice Finance Recoveries Executive to join our team. You will join us on a full time, permanent basis and in return, you will receive a competitive salary of £28,000 - £32,000 per annum.

About the role:

As our Invoice Finance Recoveries Executive you will ensure that debtor recovery actions (both live client and collect out actions) are undertaken professionally, tenaciously and that where appropriate suitable third party law firms or agents are engaged in line with BFS UK legal panel firms for a mixed portfolio of BFS UK Commercial client accounts

Your responsibilities as our Invoice Finance Recoveries Executive will include:

  • Manages portfolio of collect out clients as directed by Line Manager professionally, tenaciously and that where appropriate suitable third party law firms or agents are engaged in line with BFS UK legal panel firms for a mixed portfolio of BFS UK Commercial client accounts.
  • To ensure that where advances cannot be recovered through sales ledger National Commercial Recoveries Executive be innovative . do the right thing . be better . work together . trust each other realisations that all avenues possible under the powers contained within the Invoice Finance Agreement and any supporting security are utilised to make up any shortfall as far as possible.
  • Ensure that Riskfactor (or any future system which may replace it) is used consistently and that all stakeholders are able to view and understand our recoveries strategy along with progress and expected timescale for each case at any time by reviewing the system
  • Be responsible for the collect out and bad debt provision report for one or more BFS Commercial business units ensuring that the appropriate Head of Business unit approves both prior to submission to BFS Risk and Finance
  • Recovers indebtedness by pursuing securities & sales ledger, initiating legal proceedings or instructing solicitors
  • In conjunction with the Risk Manager for the relevant BFS Commercial business unit undertake reviews of all bad debt provisions of £25k or greater using the appropriate reporting format, that the contents are agreed with the Line Manager and the appropriate Risk Manager to help drive lessons learned

What we are looking for in our ideal Invoice Finance Recoveries Executive:

  • Experience Proven experience of collections/recoveries
  • Invoice Finance Experience
  • Skills Numeracy, Tenacity, communication, influencing , proficiency using Microsoft Office suite programmes,

As our Invoice Finance Recoveries Executive, we will reward you and your hard work with:

  • Private healthcare for you and your family
  • Company pension scheme
  • Wide range of flexible benefits, such as gym membership, technology, or health assessments
  • Access to an online wellbeing centre
  • Range of discounts from many businesses
  • 25 days holiday, which increases with servic,e and options to buy or sell more
  • Electric Vehicle/Plug-in Hybrid Vehicle (EV/PHEV) scheme

Why us?

We ve supported small and medium-sized enterprises (SMEs) since 1982, and today we support more than 9000 businesses worldwide. We are proud to help businesses, both big and small to grow and thrive in domestic and international markets.

We re in the business of relationships. Whether working together or supporting our clients, that s what makes us stand out from the crowd.

We know our value lies in our brilliant people, It is fast-paced and varied, and we can handle it. We trust each other, take ownership, work flexibly, have fun and deliver for our clients every time.

We empower our colleagues to be themselves and grow in the way they want we believe in them and celebrate their success.

There s no place quite like BFS and we re proud of that. It s all down to our colleagues - they make us the business with which every SME wants to partner.

If you would like to join us, please click Apply today to be considered as our Invoice Finance Recoveries Executive we would love to hear from you! This role will be hybrid and can be based in any of our UK offices.

We're absolutely committed to being a truly inclusive place to work, where everyone has an equal opportunity to reach their true potential. Let us know if you need adjustments to support you through any stage of the recruitment process.

We reserve the right to close applications early. No agencies, please.

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