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For Companies At a Glance
- Tasks: Manage WIP and billing processes while collaborating with key teams.
- Company: Join a leading professional services firm known for its commitment to diversity and excellence.
- Benefits: Enjoy a hybrid work model with 2 days in the office and 3 days remote.
- Why this job: Be a key player in driving efficiency and building strong relationships within the firm.
- Qualifications: Experience in revenue control, excellent communication skills, and a proactive mindset are essential.
- Other info: We value diversity and accommodate specific needs during the selection process.
The predicted salary is between 43200 - 72000 £ per year.
Totum Partners is working with a leading professional services firm to recruit a Senior Revenue Controller. In this role, you will work closely with decentralised billers, meeting regularly with key practice groups to discuss WIP and revenue matters. You’ll also collaborate with the Credit Control Manager and CFO. You’ll be empowered to take ownership of WIP management and play an active role in supporting the billing process. This role offers a hybrid model: 2 days in the office and 3 days working from home.
The ideal Senior Revenue Controller will be responsible for:
- Improve WIP and billing processes, driving efficiency and automation to reduce exposure.
- Build strong relationships and run regular WIP review meetings with partners and directors.
- Act as the go-to expert for WIP and billing, ensuring deadlines are met and teams are supported.
- Monitor and enforce compliance with the firm’s lockup and WIP write-off policies.
- Provide training and guidance on revenue management best practices.
- Support the CFO with clear, insightful WIP reporting.
- Oversee time recording compliance and manage issues like missing or incorrect timesheets.
- Help deliver regular reports on utilisation and recovery.
The ideal Senior Revenue Controller will have:
- Strong background in revenue control within professional services or law firms.
- Confident communicator, able to tailor messaging and build solid relationships.
- Forward-thinking and strategic, with a focus on evolving the function.
- Proactive and driven, with a track record of leading change and promoting best practice.
- Sharp attention to detail and excellent organisational skills.
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.
Contact Detail:
Career Wallet Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Revenue Controller
✨Tip Number 1
Familiarise yourself with the specific WIP and billing processes used in professional services firms. Understanding the nuances of these processes will help you speak confidently about how you can improve efficiency and automation during interviews.
✨Tip Number 2
Build a strong understanding of the key performance indicators (KPIs) related to revenue control. Being able to discuss metrics like lockup, utilisation, and recover rates will demonstrate your expertise and strategic thinking to potential employers.
✨Tip Number 3
Network with professionals in the revenue control field, especially those who work in law firms or similar environments. Engaging with industry peers can provide insights into best practices and may even lead to referrals for job opportunities.
✨Tip Number 4
Prepare to discuss your experience in leading change and promoting best practices. Be ready to share specific examples of how you've successfully implemented improvements in previous roles, as this will resonate well with the hiring team.
We think you need these skills to ace Senior Revenue Controller
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to understand the responsibilities and requirements of the Senior Revenue Controller position. Tailor your application to highlight relevant experience in revenue control, particularly within professional services or law firms.
Highlight Relevant Experience: In your CV and cover letter, emphasise your background in revenue control and any specific achievements that demonstrate your ability to improve WIP and billing processes. Use quantifiable results where possible to showcase your impact.
Showcase Communication Skills: Since the role requires strong communication skills, provide examples in your application of how you've successfully built relationships with stakeholders. Mention any experience you have in leading meetings or providing training on revenue management best practices.
Tailor Your Cover Letter: Craft a personalised cover letter that addresses the key points from the job description. Discuss your proactive approach and strategic thinking, and explain how you can contribute to the firm's goals, particularly in relation to WIP management and compliance.
How to prepare for a job interview at Career Wallet
✨Showcase Your Expertise in WIP Management
Be prepared to discuss your previous experience with WIP management and billing processes. Highlight specific examples where you improved efficiency or implemented automation, as this aligns closely with the role's requirements.
✨Demonstrate Strong Communication Skills
Since the role involves building relationships with partners and directors, practice articulating your thoughts clearly. Prepare to discuss how you've tailored your communication style to different stakeholders in the past.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities, especially regarding compliance and revenue management. Think of scenarios where you had to enforce policies or handle issues like missing timesheets, and be ready to explain your approach.
✨Emphasise Your Proactive Approach
The ideal candidate is described as proactive and driven. Be ready to share instances where you led change or promoted best practices in your previous roles, showcasing your forward-thinking mindset.
