A leading international law firm is seeking to hire a new Revenue Controller to join their Finance team on a permanent basis in the London office.
Salary £45,000 - £51,500
Hybrid working (3 days office / 2 days remote)
London - West End
Reporting to the Revenue Control Manager, the Revenue Controller will support specific practice groups and are responsible for their groups' billing, credit control and WIP management. This will involve gaining knowledge about clients, managing the billing of matters and ensuring clients are billed promptly, and securing swift payment of invoices. You will regularly liaise with internal Partners and employees at all levels and external clients, applying an assertive yet tactful approach.
Responsibility as a Revenue Controller:
- Supporting designated practice groups, splitting time between sitting with the Finance team or with the specific legal practice groups.
- Liaise directly with the Partners and lawyers, taking responsibility for their billing and credit control requirements, and closely monitoring billing and cash collection budgets and targets.
- Dealing with a large portfolio of clients and liaising with them on a daily basis regarding their debts - predominantly via telephone. Updating the firm's credit control system (Aderant Expert Collections) for action tasks, reminders, follow up notes etc.
- Reviewing daily bank statements and TT payments to ensure funds are allocated to the correct matters.
- Administering payments by credit / debit card.
- Arranging and attending monthly meetings with Partners to review WIP and debtors to agree a course of action and follow-up to ensure completion in the agreed timescales.
- Dealing with all aspects of client queries regarding invoiced fees and any detailed information that may be required. Ensuring queries are dealt with promptly, escalated and followed-up with Partners / Department Management Partners.
- Preparing debt reporting statements and liaising with the cashier teams on cheque and bank transfers. Ensuring money in client account designated for bills is monitored and transferred swiftly to office account in accordance with SRA rules.
Skills as a Revenue Controller:
- Previous experience as a Revenue Controller in a recognised law firm.
- Excellent numeracy skills and ability to reconcile accurately.
- Good computer skills – knowledge of Aderant systems would be desirable.
- Competent in Microsoft Office including Outlook, Excel and Word