My client is a well-established medium-sized law firm with around 100 fee earners offering legal advice to corporate and institutional clients as well as to private individuals. Their specialist practice areas are Commercial and Residential Property, Private Client, Corporate and Litigation. They are based in prestigious offices in the heart of London’s West End.
They are now looking to recruit a Revenue Manager. The purpose of this role is to Manage the firm’s credit control, WIP management and billing functions.
Responsibilities
- Manage and develop direct reports to ensure that all team objectives, billing deadlines and collection targets are achieved.
- Help to manage and reduce the firm’s lock up to agreed levels.
- Build relationships with key stakeholders across the business.
- Act as the point of escalation for all credit control, WIP management and billing issues and when required ensure that issues are escalated upwards in a timely manner.
- Ensure compliance with all internal controls, policies and HMRC/SRA rules.
- Oversee the finance mailbox to ensure that all requests are being responded to and completed within agreed timescales.
- Continually appraise existing systems and processes and lead on any change initiatives required.
- Play an active role in the firm’s practice management system replacement project.
- Organise cover for direct reports when required.
- Play a key role in ensuring the firm is achieving its cash targets by managing and supporting the credit controllers.
- Monitor and manage credit levels and follow up with clients, partners and other fee earners on outstanding invoices.
- Attend meetings with partners, internal management, clients and the debt collection team.
- Ensure that invoices and statements are sent to clients in a timely manner.
- Play a key role in ensuring the firm is controlling its WIP and disbursements exposure by managing and supporting the revenue assistants.
- Attend monthly/quarterly WIP review meetings with partners and associates.
- Ensure that all time and disbursement transfers and write-offs are performed in timely manner.
- Monitor missing timesheets and incorrect time recording behaviour and ensure that missing timesheets are promptly followed up.
- Produce and circulate weekly utilisation reports.
- Play a key role in ensuring the firm is successfully meeting all billing deadlines by managing and supporting the invoicing clerks.
- Ensure invoices are being addressed and processed correctly (including compliance with HMRC and SRA rules) and be the first point of contact to resolve any invoice. processing queries from the team.
- Manage the list of ebilling clients and ensure the timely submission of invoices through the relevant ebilling portals.
- Take ownership of the monthly billing schedules for a few key clients.
Candidate Profile
- Minimum 2 years of relevant revenue control and management experience in the legal sector
- Some system changes management experience desirable
- Proficient user of Excel
- The ability to influence and change behaviour
- Excellent verbal and written communication and interpersonal skills
- Ability to pick up new systems and procedures quickly
- Ability to work unsupervised
- Excellent attention to detail
- Ability to work under pressure and flexibly when required
- Organised manner with ability to prioritise workload
- Motivated and pro-active with a 'can-do' approach
- Understanding of privacy and confidentiality
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 permanent vacancy on behalf of one of its clients.
