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For Companies At a Glance
- Tasks: Manage WIP, billing, and debt collection while collaborating with lawyers and clients.
- Company: Join a leading City law firm with a strong reputation in the legal sector.
- Benefits: Enjoy a competitive salary, potential for remote work, and professional development opportunities.
- Why this job: Be part of a dynamic finance team, enhancing your skills in a supportive environment.
- Qualifications: Experience in revenue control within professional services; law firm experience is a plus.
- Other info: Two positions available: one fixed-term contract and one permanent role.
The predicted salary is between 36000 - 60000 £ per year.
Job Description
We have two Revenue Controller opportunities available with a leading City law firm.
Role 1 – 16M FTC (Sept start)
Role 2 – Permanent position
We are looking for 2x Revenue Controllers to join an established Finance team. Reporting to the Revenue Control Manager, you will take ownership of WIP, billing, and debt collection processes, partnering closely with lawyers and clients to ensure financial targets are met while maintaining excellent relationships.
Key Responsibilities:
- Managing all aspects of WIP, billing, and credit control for assigned Partners and teams.
- Monitoring and achieving billing and cash collection targets.
- Using Elite 3E to process bills, track collections, and prepare financial reports.
- Conducting regular reviews with Partners to ensure accurate forecasting and prompt cash recovery.
- Handling client queries promptly and professionally, ensuring compliance with SRA and HMRC rules.
- Contributing to initiatives to reduce lock-up and enhance revenue efficiency.
About You:
- Previous experience managing the end-to-end revenue control process in a professional services environment (law firm experience desirable).
- Strong communication and stakeholder management skills.
- Proficiency with Elite 3E and Microsoft Office (particularly Excel).
- Highly organised, detail-oriented, and proactive, with the ability to work under pressure.
- A collaborative team player with a solutions-focused approach.
Revenue Controller employer: The Law Support Group
Contact Detail:
The Law Support Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Revenue Controller
✨Tip Number 1
Familiarise yourself with Elite 3E, as it's a key tool for the Revenue Controller role. Consider taking an online course or watching tutorials to get comfortable with its features, which will help you stand out during interviews.
✨Tip Number 2
Network with professionals in the legal finance sector. Attend industry events or join relevant online forums to connect with people who can provide insights about the firm and the role, potentially giving you an edge in your application.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed billing and debt collection processes in previous roles. Highlighting your achievements will demonstrate your capability and fit for the position.
✨Tip Number 4
Research the law firm’s culture and values. Understanding their approach to client relationships and financial management will allow you to tailor your conversations and show that you're aligned with their goals.
We think you need these skills to ace Revenue Controller
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in revenue control, particularly in a professional services environment. Emphasise your familiarity with billing processes, WIP management, and any experience with Elite 3E.
Craft a Strong Cover Letter: In your cover letter, address the specific responsibilities mentioned in the job description. Explain how your previous roles have prepared you for managing billing and debt collection processes, and showcase your communication skills.
Highlight Relevant Skills: Clearly outline your proficiency in Microsoft Office, especially Excel, and any experience you have with financial reporting. Mention your organisational skills and ability to work under pressure, as these are key for the role.
Showcase Team Collaboration: Provide examples of how you've successfully collaborated with stakeholders in past roles. This could include working closely with lawyers or clients to achieve financial targets, which is crucial for this position.
How to prepare for a job interview at The Law Support Group
✨Know Your Numbers
As a Revenue Controller, you'll be expected to manage WIP, billing, and debt collection. Brush up on your financial metrics and be ready to discuss how you've successfully met targets in the past.
✨Familiarise Yourself with Elite 3E
Since the role requires proficiency in Elite 3E, make sure you understand its functionalities. If possible, practice using the software or review its features so you can confidently discuss your experience with it during the interview.
✨Demonstrate Strong Communication Skills
You'll need to partner closely with lawyers and clients, so be prepared to showcase your communication skills. Think of examples where you've effectively managed stakeholder relationships or resolved client queries.
✨Showcase Your Organisational Skills
The role demands a highly organised and detail-oriented approach. Prepare to discuss how you prioritise tasks and manage your time effectively, especially under pressure, to meet financial targets.
