Hire a credit controller

Late payments have the potential to cripple your business growth.

The role of the Credit Control Officer is integral to any successful business. Also referred to
as a Credit Officer, Credit Controller, or sometimes related duties can flow in to part of an AR Officer’s remit. They are charged with maintaining a steady cash flow and allowing the business to function with stability.

Contact us now for help in hiring your next Credit Controller.

Note for job seekers: If you're looking for a Credit Controller role - click here to access our resume guide.

Why your business needs a dedicated Credit Controller

A skilled Credit Controller can be crucial to your business’s success for :

• Minimising Bad Debt: By assessing the creditworthiness of customers and establishing credit limits, a Credit Controller reduces the likelihood of bad debt.
• Improving Cash Flow: Actively managing accounts receivable ensures that invoice payments are received promptly, allowing your business to cover operational expenses and invest in growth opportunities.
• Legal Compliance: Credit Controllers are well-versed in regulations related to credit and debt collection, ensuring your company's practices are compliant and reducing legal risks
• Customer Relationships: While enforcing payment terms, they maintain positive relationships with customers; a balancing act essential for ongoing business relations.

Here’s a quick visual breakdown of the top three benefits a Credit Control Officer brings to your business:

Key skills to look for in a Credit Controller

Effective Credit Controllers possess a range of skills and attributes that contribute to their success:

• Financial Acumen: Strong understanding of financial concepts, including credit risk assessment.
• Communication Skills: Excellent communication is vital for interacting with customers and maintaining relationships while negotiating favourable payment terms.
• Attention to Detail: Precision is essential to avoid errors and oversights in transactional tasks.
• Problem-Solving and Negotiation Abilities: Ability to manage relations and establish payment schemes suitable for both sides of a business transaction.
• Analytical Thinking: Capability to analyse data and make informed decisions about credit limits and debt collection strategies.
• Legal Knowledge: Familiarity with relevant laws and regulations, especially those related to debt collection.
• Technical Proficiency: Experience with accounting software and financial systems.

Discover Top Credit Control Officer Candidates Today

Our proven Recruitment solution

At Richard Lloyd, we connect you with exceptional Credit Controllers who:

• Accelerate Payment Collections: Implement strategies that reduce overdue invoices.
• Minimise Bad Debt: Assess credit risks effectively to protect your revenue.
• Enhance Customer Relationships: Balance firmness with professionalism to maintain positive client interactions.
• Ensure Legal Compliance: Navigate the complexities of credit laws so you don't have to.

Also hiring transaction roles? See our Accounts-payable manager guide or Sydney accounting-agency overview.

Credit control salary guide

Salary Range: $75,000 – $90,000 plus Superannuation (dependent upon
experience).

Offering a competitive salary is key to attracting and retaining top talent in today's market.

Career progression opportunities

A Credit Controller can advance to roles such as:

• Assistant Accountant
• Revenue Accountant
• Credit Manager

Highlighting potential career paths can make your position more appealing to ambitious candidates.

Credit-control automation and DSO benchmarks

Sydney businesses using automated reminder workflows in ERP systems cut DSO by an average 23 %. A skilled Credit Controller fine-tunes these rules and reconciles exceptions, protecting cash flow without harming customer rapport.

Ready to transform your cash flow?

Don't let cash flow issues hold you back. Take control of your financial stability and set your business on the path to success.

• Call us at: 02 8324 5640
• Email us at: enquiries@richardlloyd.com.au; OR
• Complete our online form and we'll be in touch.

Don't wait - every day without a skilled Credit Controller is a day of potential revenue lost.

Written by Justin Wong, Divisional Manager at Richard Lloyd 🔗 View Justin’s profile

About the author

Justin Wong is a Divisional Manager at Richard Lloyd with over a decade of experience recruiting accounting professionals across Sydney. Since 2009, Justin has helped countless candidates navigate their career moves with clarity and confidence. Known for his approachable style and practical advice, he’s passionate about building long-term relationships and helping job seekers secure roles that align with their goals.