Trade Credit Finance Manager

Overview

Are you ready to step into a high-impact role where you’ll shape how we manage Trade Credit across one of the UK’s fastest-growing retailers?

As Trade Credit Finance Manager
, you’ll report to the Senior Finance Manager and take full ownership of managing Trade Credit debt and risk. You’ll play a key role in supporting the growth of our Trade Credit proposition – a vital part of the Screwfix offer to our customers.

You’ll lead a small team and be the main point of contact for our third-party credit partners, making sure those relationships are strong and performance stays on track. Collaboration is key – you’ll work closely with our B2B Key Accounts team, Proposition, and Kingfisher to make sure our credit facility evolves with the business.

It’s a great opportunity to take ownership, drive improvements, and really shape the future of Trade Credit at Screwfix.

Internally this role is known as Underwriting
- Legal Specialist.

What's in it for you?

• Discretionary annual bonus up to 20%
• 33 days' holiday (including bank holidays, 5 of which can be taken flexibly)
• Hybrid working & flexible start and end times around core working hours
• Buy More Holiday - eligible colleagues can boost their holiday allowance up to 5 days
• EV Care Scheme in Partnership with Tusker - eligible colleagues can lease a brand-new or pre-loved electric vehicle
• Up to 14% employer pension contributions
• Life cover up to 4x your salary
• Health cash plan and discounted gym memberships (up to 25% savings)
• 20% discount at Screwfix and B&Q

• Lead and develop a team of underwriting and legal assistants – including but not limited to their coaching, development, management and delegation of tasks, and setting expectations
• Manage our third-party relationships which support our Trade Credit proposition, challenging operational performance and identify potential improvements to current processes.
• Manage risks & opportunities ensuring our Trade Credit proposition is future proofed.
• Manage current risk exposure across the Trade Credit debt book, understanding the impact of market trends and the Commercial environment.
• Drive efficiencies and improvements into the business, focusing on the management of our debt and customers.
• Be responsible for formulating, maintaining, and providing advice/guidance on credit policy and procedures to mitigate risk.
• Be responsible for debt recoveries, fraud reduction and legal processes.
• Review customer information from various financial and credit referencing agencies for the purposes of assessing credit worthiness for new and existing customers.
• Support internal and external audits as required.
• Support business transformation activities as required.
• Ensure all standard operating procedures are complete and updated annually.
• Ensure compliance with the Group Financial Reporting Manual and Screwfix internal controls.
• Where appropriate, elevate risks/issues to Senior for review, mitigation and discussion.
• Identify process improvement opportunities which support continuous improvement as part of Screwfix Smart Working.

• Good understanding of how to interpret Company accounts and risk is essential.
• Must demonstrate a good level of commercial acumen possessing the ability to weigh up risk versus reward.
• Proven experience of granting credit limits (under writing / credit vetting).
• Legal Understanding of limited and non-limited organisations.
• Experience of managing Third Parties, both establishing and maintaining relationships.
• KPI management, establishing and monitoring performance.
• Ability to develop solutions to problems and identify process improvement opportunities.

At Screwfix, Your Wellbeing Comes First:

Financial wellbeing

• Wagestream access to track earnings and save
• Access to the Kingfisher Share Scheme
• Colleague support fund
• Exclusive offers and discounts via our Hapi app
• Cycle-to-work scheme and savings on bikes

Every day benefits

• Career progression and development programmes
• Coaching and mentoring to help you thrive
• Access to wellbeing resourcing including Pep Talk
• Support networks available

Sustainability at Screwfix

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