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For Companies At a Glance
- Tasks: Manage billing, WIP, and credit control for a group of Partners.
- Company: Join a leading City law firm with a strong reputation in the legal sector.
- Benefits: Enjoy a hybrid work model with 3 days in the office and 2 days remote.
- Why this job: Gain complete oversight of revenue management and contribute to financial success.
- Qualifications: Previous law firm experience and strong billing skills are essential.
- Other info: Equal opportunities employer committed to diversity and inclusion.
The predicted salary is between 36000 - 60000 £ per year.
Totum Partners is partnering with a leading City law firm to recruit a Revenue Controller. This hybrid role offers 3 days in the office and 2 days of remote working. In this role, you’ll manage WIP, billing, and credit control, taking full responsibility for the 360° revenue cycle of a designated group of Partners and fee earners. It’s a great opportunity to have complete oversight of revenue management and contribute directly to your team’s financial success.
The ideal Revenue Controller will be responsible for:
- Managing billing, WIP and debt for a group of Partners and their teams.
- Regular meetings with Partners to review WIP and debtors, agree actions and follow up.
- Processing bills using Elite 3E and updating credit control activity.
- Reviewing bank statements, allocating funds and arranging client transfers.
- Handling client queries around invoices and supporting fee earners with follow-up.
- Preparing regular debt reports and tracking payments to ensure SRA compliance.
- Liaising with stakeholders to keep billing and collection on target.
- Helping reduce lock-up and ensure internal processes are followed.
- Responding to finance requests from shared inboxes promptly.
- Supporting month/year-end billing cycles and maintaining accurate charge-out rates.
- Running and amending proformas, managing approvals and reassigning where needed.
The ideal Revenue Controller will be responsible for :
- Previous experience in a law firm – essential
- Strong billing and WIP experience – essential
- Credit control experience is a plus, but training will be provided
- Confident working with Partners and senior stakeholders
- Strong client service and stakeholder communication
- Accurate with numbers and reconciliations
- Organised, detail-focused, and proactive
- Comfortable using Elite 3E and Excel
- Clear communicator, both written and verbal
- Calm under pressure with a problem-solving approach
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.
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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
Familiarise yourself with the Elite 3E software, as it's crucial for processing bills and managing WIP. If you haven't used it before, consider taking an online course or watching tutorials to get a head start.
✨Tip Number 2
Network with professionals in the legal finance sector, especially those who have experience as Revenue Controllers. Attend industry events or join relevant online forums to gain insights and make valuable connections.
✨Tip Number 3
Prepare to discuss your previous experiences in billing and credit control during interviews. Be ready to share specific examples of how you've successfully managed revenue cycles and improved processes in past roles.
✨Tip Number 4
Demonstrate your strong communication skills by preparing questions for the interview that show your interest in stakeholder management. This will highlight your proactive approach and ability to work effectively with Partners and senior stakeholders.
We think you need these skills to ace Revenue Controller
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in billing, WIP management, and credit control. Use specific examples from your previous roles in law firms to demonstrate your expertise.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the revenue cycle and your ability to manage relationships with Partners and stakeholders. Mention your familiarity with Elite 3E and Excel, as well as your proactive approach to problem-solving.
Highlight Relevant Skills: In your application, emphasise your strong communication skills, attention to detail, and organisational abilities. These are crucial for managing client queries and ensuring compliance with SRA regulations.
Showcase Your Experience: If you have experience working under pressure or handling financial reports, make sure to include this in your application. Provide examples of how you've successfully managed billing cycles or reduced lock-up in previous positions.
How to prepare for a job interview at Totum Partners
✨Showcase Your Billing Expertise
Make sure to highlight your previous experience with billing and WIP management during the interview. Be prepared to discuss specific examples of how you've successfully managed these processes in a law firm setting.
✨Prepare for Stakeholder Interaction
Since this role involves regular meetings with Partners and senior stakeholders, practice articulating your thoughts clearly. Demonstrating your confidence in communicating with high-level professionals will be key to making a positive impression.
✨Demonstrate Problem-Solving Skills
Be ready to discuss situations where you've had to resolve client queries or handle challenging financial issues. Showing that you can remain calm under pressure and find effective solutions will resonate well with the interviewers.
✨Familiarise Yourself with Elite 3E
If you have experience using Elite 3E, mention it! If not, take some time to learn about its functionalities. Being able to discuss how you would use this software in your role will show your proactive approach and readiness to adapt.
