Our client is a leading specialist London law firm. They work with a UK and international client base across practice areas covering Antitrust, Aviation, Clinical Negligence, Personal Injury and Commercial Litigation. The firm is global in its perspective and is top ranked in both the Legal 500 and Chambers. They are recognized as one of the fastest growing legal practices in the UK.
They are looking for a second Credit Controller to support the Credit Control Manager. They are looking for a motivated, proactive, and independent credit controller who will be responsible for a multi-department portfolio of clients.
In this role you will manage and maintain the Firms collections policy and process, and work alongside the Credit Manager to innovate and implement efficient collections procedure.
This role demands excellent organisational skills, reporting skills, attention to detail, and the ability to prioritise tasks based on business needs and targets.
Responsibilities
- Reduce debtor days and +90 day debt by proactively managing a ledger of up to 400 client accounts.
- Monitor debt levels; communicating with clients, partners, fee earners debt position.
- Ensure that accounts are actioned within defined review dates, and strict departmental / SRA guidelines.
- Monitor and manage your ledger, proactively chasing overdue payments, issuing reminders, and initiating collections actions as necessary to minimize delinquencies and maximize cash flow.
- Monitor adherence to the credit management policy, ensuring implementation and application of each stage within the credit control function, and the legal depts.
- Maintain accurate and up-to-date and comprehensive records of external and internal communications.
- Liaise with Partners & Fee Earners to unblock any issues which could delay payment
- Preparation of client statements and account history reconciliations for internal stakeholders and clients of the firm.
- Prepare regular debt status reports, highlighting any issues or areas of concern to senior management.
- Attend meetings with partners and internal management.
- Oversee the credit control mailbox to ensure that all requests are being responded to and completed within agreed timescales.
- Build and maintain positive relationships with clients and internal stakeholders serving as the primary point of contact for debt related inquiries and escalations.
The Candidate
- Minimum 3 years of relevant credit control experience in the legal sector.
- Experience of using Elite 3E is desirable.
- Proficient in Excel – pivot tables, V lookups/X lookups, formatting, analysing data.
Important Notice
It is Career Legal’s policy, as a matter of courtesy, to respond to all applications within three working days. However because of the volume of applications, we are sometimes unable to respond to individual candidates. If we have not contacted you within three working days your application has been unsuccessful and your details have not been retained. Please apply for any other position that you may see in the future. Thank you.
Career Legal is a Recruitment Agency and is advertising this vacancy on behalf of one of its Clients.
