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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 known for its excellence in finance.
- Benefits: Enjoy a competitive salary, professional development, and a supportive team environment.
- Why this job: Be part of a dynamic team that values relationships and financial success.
- Qualifications: Experience in revenue control, strong communication skills, and proficiency in Elite 3E required.
- Other info: Two positions available: a fixed-term contract and a permanent role.
The predicted salary is between 42000 - 84000 £ 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 this role. Consider taking an online course or watching tutorials to boost your proficiency, which will show your commitment and readiness to hit the ground running.
✨Tip Number 2
Network with professionals in the legal finance sector. Attend industry events or join relevant online forums to connect with current Revenue Controllers or finance teams in law firms. This can provide insights into the role and potentially lead to referrals.
✨Tip Number 3
Brush up on your knowledge of SRA and HMRC compliance rules. Understanding these regulations is crucial for the role, and demonstrating your knowledge during interviews can set you apart from other candidates.
✨Tip Number 4
Prepare examples of how you've successfully managed billing and cash collection targets in previous roles. Be ready to discuss specific challenges you faced and how you overcame them, showcasing your problem-solving skills and proactive approach.
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 processes like WIP management, billing, and debt collection.
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 cash collection targets, and showcase your communication skills.
Highlight Technical Skills: Since proficiency with Elite 3E and Microsoft Office is crucial, mention any relevant experience you have with these tools. Provide examples of how you've used them to improve efficiency or accuracy in past roles.
Showcase Stakeholder Management: Demonstrate your ability to work collaboratively with lawyers and clients. Include examples of how you've successfully managed relationships and resolved client queries in your application.
How to prepare for a job interview at The Law Support Group
✨Know Your Numbers
As a Revenue Controller, you'll be dealing with financial targets and metrics. Brush up on your knowledge of WIP, billing processes, and cash collection strategies. Be prepared to discuss how you've successfully managed these in previous roles.
✨Familiarise Yourself with Elite 3E
Since the role requires proficiency in Elite 3E, make sure you understand its functionalities. If you have experience with it, be ready to share specific examples of how you've used it to improve billing or collections in the past.
✨Demonstrate Strong Communication Skills
This position involves liaising with lawyers and clients, so showcasing your communication skills is crucial. Prepare examples of how you've effectively managed stakeholder relationships and resolved client queries in a professional manner.
✨Showcase Your Problem-Solving Abilities
The firm values a solutions-focused approach. Think of instances where you've contributed to initiatives that improved revenue efficiency or reduced lock-up. Be ready to discuss your proactive strategies and their outcomes.
