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For Companies At a Glance
- Tasks: Manage billing, credit control, and WIP while building relationships with partners and clients.
- Company: Join a prestigious law firm in London known for its commitment to diversity and excellence.
- Benefits: Enjoy a hybrid work model, excellent benefits, and a supportive team environment.
- Why this job: This role offers a chance to develop your skills in a dynamic legal setting with impactful responsibilities.
- Qualifications: Experience in revenue control within a law firm and strong communication skills are essential.
- Other info: We value diversity and are committed to making reasonable adjustments during the hiring process.
The predicted salary is between 36000 - 60000 £ per year.
Totum is collaborating with a distinguished law firm based in London; they are currently recruiting for a Revenue Controller, offering a hybrid working pattern of 3 days per week in the office and 2 days from home. Reporting to the Revenue Manager, you will liaise with Partners, fee earners, and external clients, fostering positive relationships while managing WIP, billing, and credit control responsibilities.
Responsibilities of the ideal Revenue Controller include:
- Liaise directly with the Partners and lawyers and take responsibility for their billing and credit control requirements.
- Monitoring billing and cash collection budgets and targets and WIP balances.
- Processing bills using the Elite 3E billing workflow
- Ensuring Elite 3E collections is updated with the latest comments
- Agreeing with Partners on timescales of converting WIP into bills for forecasting purposes.
- Preparing debt reporting statements and liaising with the Operations team on cheques and bank transfers.
- Help manage and reduce the firm’s lock-up to agreed levels.
- Build relationships with key stakeholders across the business.
- Attend the billing and credit control meetings.
The ideal Revenue Controller will have the following experience:
- Revenue Control experience in a law firm
- Good billing experience
- Excellent communication skills
- Proven experience in identifying the best solution for diverse billing requirements
The client offers excellent benefits, making this opportunity even more appealing.
Equal Opportunities
As a responsible business, it is important that we represent the diversity of our people, our clients and our communities. We believe that the firms that thrive are those with the most diverse team; that's why we work so hard to source the best talent from the broadest pool possible. As an equal opportunities employer we strive to accommodate anyone who may have specific needs. If you require reasonable adjustments to be made during the selection process, please talk to a member of the recruitment team so that any required adjustments can be made in advance.
Revenue Controller employer: Totum Partners
Contact Detail:
Totum Partners Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Revenue Controller
✨Tip Number 1
Familiarize yourself with the Elite 3E billing workflow, as this is a key responsibility for the Revenue Controller role. Understanding how to process bills efficiently will give you an edge during discussions with the hiring team.
✨Tip Number 2
Highlight your experience in revenue control within a law firm setting. Be prepared to discuss specific examples of how you've managed billing and credit control, as this will demonstrate your suitability for the position.
✨Tip Number 3
Build your knowledge of effective communication strategies, especially in a legal context. Being able to articulate how you've successfully liaised with partners and fee earners will showcase your interpersonal skills.
✨Tip Number 4
Research the law firm's culture and values to align your approach during interviews. Showing that you understand their commitment to diversity and equal opportunities can set you apart as a candidate who fits well with their ethos.
We think you need these skills to ace Revenue Controller
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Revenue Controller position. Understand the key responsibilities and required skills, such as billing experience and communication skills, to tailor your application accordingly.
Highlight Relevant Experience: In your CV and cover letter, emphasize your previous experience in revenue control within a law firm. Provide specific examples of how you managed billing, credit control, and built relationships with stakeholders.
Showcase Communication Skills: Since excellent communication skills are crucial for this role, include examples in your application that demonstrate your ability to liaise effectively with partners, fee earners, and clients.
Tailor Your Cover Letter: Craft a personalized cover letter that reflects your understanding of the firm's values and commitment to diversity. Mention how your background aligns with their goals and how you can contribute to reducing lock-up levels.
How to prepare for a job interview at Totum Partners
✨Understand the Billing Process
Make sure you have a solid grasp of the billing process, especially using Elite 3E. Be prepared to discuss your previous experiences with billing and how you've managed WIP and credit control in past roles.
✨Showcase Your Communication Skills
Since the role involves liaising with Partners and fee earners, highlight your excellent communication skills. Prepare examples of how you've built relationships with stakeholders and resolved billing issues effectively.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving abilities. Think about diverse billing requirements you've encountered and how you identified the best solutions in those situations.
✨Discuss Your Experience with Debt Reporting
Be ready to talk about your experience in preparing debt reporting statements. Share specific examples of how you've contributed to reducing lock-up and managing cash collection budgets in your previous roles.
