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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.
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. If you haven't used it before, consider taking an online course or watching tutorials to get a good grasp of its functionalities.
✨Tip Number 2
Brush up on your knowledge of SRA and HMRC rules, as compliance is crucial in this role. Understanding these regulations will not only help you in interviews but also demonstrate your commitment to maintaining high standards.
✨Tip Number 3
Prepare examples of how you've successfully managed WIP, billing, and debt collection processes in previous roles. Be ready to discuss specific challenges you faced and how you overcame them, showcasing your problem-solving skills.
✨Tip Number 4
Network with professionals in the legal finance sector. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities within law firms.
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. Discuss how your previous roles have prepared you for managing billing and debt collection processes, and highlight your communication skills and ability to work under pressure.
Showcase Relevant Skills: When detailing your skills, focus on your proficiency with Microsoft Office, especially Excel, and your experience in stakeholder management. Provide examples of how you've successfully collaborated with teams to achieve financial targets.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a Revenue Controller role.
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 this 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
Being highly organised is crucial for this role. Prepare to discuss how you prioritise tasks and manage your time effectively, especially under pressure. Share specific instances where your organisational skills led to successful outcomes.
