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- Tasks: Manage billing and revenue functions while supporting financial targets.
- Company: Join a top international law firm with a rich history and global presence.
- Benefits: Enjoy a competitive salary, hybrid work options, and a supportive environment.
- Why this job: Be part of a dynamic team that values collaboration and diverse perspectives.
- Qualifications: 5+ years in a legal environment with billing experience; strong Excel skills required.
- Other info: Opportunity to work in a fast-paced setting with flexible hours.
The predicted salary is between 43200 - 72000 £ per year.
Simpson Thacher & Bartlett LLP is one of the world’s leading international law firms. The Firm was established in 1884 and has more than 1,000 lawyers. Headquartered in New York with offices in Beijing, Brussels, Hong Kong, Houston, London, Los Angeles, Palo Alto, São Paulo, Tokyo and Washington, D.C., the Firm provides coordinated legal advice and transactional capability to clients around the globe.
Description/Job Summary
To help manage the firm’s billing and revenue function in addition to assisting the firm to achieve its financial targets by providing an efficient and commercially focused service throughout the firm.
Responsibilities/Duties
- Establishing relationships in order to gain knowledge about the clients and matters of the departments quickly;
- Following up on matters that have concluded or have reached billing stage and ensuring they are responded to in a timely manner;
- Responsible for managing the revenue aspects of a specified group of Partners and fee earners within the firm;
- Conducting a regular review of Work In Progress (WIP) and Accounts Receivable (AR) for your group and arranging review meetings with Partners and fee earners;
- Holding meetings with Partners and fee earners to discuss WIP & AR in order to determine the most appropriate course of action;
- Ensuring the timely processing of bills, checking VAT and numerical calculations on bills and compliance with VAT and Solicitors Accounts Rules;
- Maintenance of transfers of time/cost and write-offs, production of credit notes where necessary;
- Regular analysis of client/matter information in relation to archiving; and
- Keeping Partners and fee earners up-to-date on outstanding matters.
Required Skills
- Minimum of five years plus previous experience of working in a legal environment including exposure to billing, VAT and disbursements;
- Knowledge of Solicitors Accounts Rules;
- An understanding or experience of billing in a foreign currency and associated issues;
- Proficiency in Microsoft Office with strong skills in Excel;
- Experience of using Elite 3E required;
- Capable of being well-organised with good writing skills;
- Ability to multi-task and prioritise;
- Ability to organise workflow and use time efficiently;
- Ability to be accurate and show attention to detail;
- Capable of working within a high-charged, fast-paced environment;
- Flexibility to adapt to all work situations and demands as required;
- Available to work additional hours where necessary.
Details
Salary and Benefits: Competitive
Hybrid: Monday-Thursday in office, ability to WFH on Fridays
Simpson Thacher is committed to ensuring that everyone can reach their full potential, irrespective of background, identity, or circumstance. We know that we are at our best when we bring together diverse experiences and perspectives. This is why we are focused on fostering a collegial environment which maximises collaboration, empowering every individual to thrive and succeed.
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Billing Coordinator employer: Simpson Thacher & Bartlett LLP
Contact Detail:
Simpson Thacher & Bartlett LLP Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Billing Coordinator
✨Tip Number 1
Familiarize yourself with the specific billing software used at Simpson Thacher, particularly Elite 3E. If you have experience with similar systems, be ready to discuss how your skills can transfer.
✨Tip Number 2
Highlight your experience in managing revenue and billing processes in a legal environment. Be prepared to share examples of how you've successfully handled WIP and AR in previous roles.
✨Tip Number 3
Demonstrate your understanding of VAT and Solicitors Accounts Rules during your discussions. This knowledge is crucial for the role and will show that you're well-prepared.
✨Tip Number 4
Showcase your organizational skills and ability to multi-task. Prepare to discuss specific strategies you've used to manage workflow efficiently in high-pressure environments.
We think you need these skills to ace Billing Coordinator
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Billing Coordinator position. Highlight key responsibilities and required skills, and think about how your experience aligns with them.
Tailor Your CV: Customize your CV to emphasize your relevant experience in billing, VAT, and working in a legal environment. Use specific examples that demonstrate your proficiency in Microsoft Office and Elite 3E.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your understanding of the firm's needs and how you can contribute to their financial targets. Mention your ability to manage relationships and your attention to detail.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. Ensure that your writing is clear and professional, reflecting the high standards expected in a law firm.
How to prepare for a job interview at Simpson Thacher & Bartlett LLP
✨Understand the Billing Process
Make sure you have a solid grasp of the billing process in a legal environment. Be prepared to discuss your previous experiences with billing, VAT, and disbursements, as well as how you ensure compliance with Solicitors Accounts Rules.
✨Showcase Your Organizational Skills
Highlight your ability to manage multiple tasks and prioritize effectively. Provide examples of how you've organized workflows in past roles, especially in high-pressure situations, to demonstrate your capability to handle the demands of this position.
✨Familiarize Yourself with Elite 3E
Since experience with Elite 3E is required, make sure you can speak confidently about your proficiency with this software. If possible, review its features and functionalities so you can discuss how you've used it to enhance billing processes in your previous roles.
✨Prepare for Client Interaction Scenarios
Given the importance of establishing relationships with Partners and fee earners, be ready to discuss how you would approach these interactions. Think of examples where you've successfully communicated complex information or resolved issues related to billing and revenue.
