Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Manage client rates and ensure accurate billing in a dynamic law firm environment.
- Company: Join a prestigious global law firm with a collaborative culture.
- Benefits: Competitive salary, professional development, and a supportive team atmosphere.
- Why this job: Be a key player in optimising financial processes and enhancing client relationships.
- Qualifications: Experience with Elite 3E and strong attention to detail required.
- Other info: Opportunity for career growth and to make a real impact in the finance team.
The predicted salary is between 36000 - 60000 £ per year.
Ambition is delighted to be exclusively partnered with a global law firm in their search for a Rates Manager. This newly created position will report to the Director of Finance and play an integral role within the London office.
Responsibilities of the role:
- Set up, maintain, and update client-specific rates in the firm's financial systems Elite 3E.
- Translation of new and updated client commercial rate agreements into the 3E rate structure.
- Implementation, updating and maintenance of 3E rate structure processes to ensure accurate billing according to the commercial terms and outside counsel guidelines.
- Monitor rate changes and apply discounts or adjustments as per client agreements.
- Ensure compliance with agreed engagement terms and pricing arrangements.
- Act as a point of contact for rate-related queries from partners, finance teams, and clients.
- Collaborate with Client Managers and Billing teams to resolve discrepancies promptly.
- Review and streamline rate setup processes for efficiency.
- Advise Finance Systems on future strategy of timekeeper rate management.
- Maintain accurate documentation for audits and internal reviews.
- Support system enhancements and participate in testing new functionalities.
- Collaborate with and advise clients and third-party vendors to ensure system configurations are optimised to support the most efficient process for all parties to improve the firm's lockup.
- Collaborate and update the Ebilling team on new and updated rate agreements to allow them to maintain accurate third-party vendor data to support their e-billing submissions.
- Assist on rate setups when onboarding new Ebilling clients.
- Adhere to agreed best practices, policies and processes whilst adapting to local requirements, as necessary.
- Consistently share knowledge and skills with colleagues within the global Billing and Ebilling teams to deliver accurate Client rates.
- Regular interaction with the Global Finance teams.
- Maintain constructive working relationships with the Client and Matter Partners within the firm and key personnel within external organisations to ensure that focus is maintained on accurate application of Client agreed rates.
- Maintain a high level of professionalism when dealing with contacts within external organisations and to help in resolving issues to achieve the best outcome for the firm.
The right candidate will need experience in:
- Proven expertise and in-depth knowledge of Elite 3E rate processes.
- Track record of successfully implementing process improvements.
- Exceptional attention to detail with a focus on data accuracy and quality.
- Demonstrated ability to lead, manage, and inspire teams.
- Thrives in high-pressure environments and meets tight deadlines with confidence.
- Strong communicator with excellent stakeholder engagement skills.
- Solutions-focused mindset with a proactive approach to challenges.
- Commercially minded and driven by business outcomes.
If this job isn't quite right for you, but you know someone who would be great at this role, why not take advantage of our referral scheme? We offer £200 in shopping vouchers for every referred candidate who we place in a role. Terms & Conditions Apply.
Rates Manager in London employer: Ambition
Contact Detail:
Ambition Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Rates Manager in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the legal and finance sectors. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the firm and its culture. Understand their values and how they align with your skills, especially around Elite 3E processes. This will help you stand out as a candidate who truly gets them.
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience with rate management and process improvements can benefit the firm. Keep it concise and focused on outcomes that matter to them.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we’re always looking for talented individuals like you to join our team!
We think you need these skills to ace Rates Manager in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Rates Manager role. Highlight your experience with Elite 3E and any process improvements you've implemented. We want to see how your skills match up with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this position. Mention your attention to detail and your ability to thrive under pressure, as these are key for us.
Showcase Your Communication Skills: Since this role involves a lot of collaboration, make sure to highlight your communication skills in your application. We love candidates who can engage effectively with stakeholders and resolve discrepancies smoothly.
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it makes the whole process smoother for everyone involved.
How to prepare for a job interview at Ambition
✨Know Your Elite 3E Inside Out
Make sure you brush up on your knowledge of Elite 3E rate processes. Familiarise yourself with how to set up and maintain client-specific rates, as well as the translation of commercial rate agreements into the system. Being able to discuss specific examples of your experience with this software will show that you're the right fit for the role.
✨Showcase Your Process Improvement Skills
Prepare to talk about any past experiences where you've successfully implemented process improvements. Think of specific instances where your attention to detail led to better data accuracy or streamlined operations. This will demonstrate your proactive approach and solutions-focused mindset, which are key for this position.
✨Communicate Like a Pro
Since the role involves regular interaction with various teams and clients, practice articulating your thoughts clearly and confidently. Prepare examples of how you've effectively engaged stakeholders in the past, especially when resolving discrepancies or managing rate-related queries. Strong communication skills are essential!
✨Be Ready for High-Pressure Scenarios
This job thrives in high-pressure environments, so be prepared to discuss how you've managed tight deadlines in previous roles. Share specific strategies you used to stay organised and focused under pressure. This will highlight your ability to handle the demands of the Rates Manager position.
