I'm currently recruiting for a Legal Credit Controller for a medium sized law firm.
The role will report into the Financial Controller and is working alongside a small finance team.
Duties:
- Obtaining payment of outstanding invoices via phone and email. Resolving client queries to ensure speedy settlement of debt.
- To be the principal point of contact on all outstanding debts both internally (Partners, Associate Fee Earners) and externally to clients.
- Setting up and attending, with the Financial Controller, monthly meetings with Partners to address their outstanding debt and WIP balances. Develop an understanding of any Client account balances to see whether they can be used to settle debts or should be returned.
- Prepare bespoke monthly debt reports and reconciliations for both internal and external clients to allow timely collection of debts.
- Monitoring the online banking portal and advising on the allocation of funds received to settle invoices.
- Generate and distribute monthly client statements.
- Review current processes and suggest improvements to increase efficiencies and improve cash collections.
- Any other duties as allocated by the Financial Controller or Head of Finance.
Key Skills
Credit control experience at a law firm in the UK
Excellent communication skills at all levels, both verbal and written
Good knowledge of the SRA accounts rules and VAT rules
Prioritise and organise own work
Ability to solve problems and put lasting solutions in place
Ability to remain professional and calm
Excellent IT skills in Excel/ World/ Outlook/ sales ledger systems
Working 3 days in the office, 9.30-5.30pm