This client is a leading American law firm with 20 offices around the globe employing over 1200 lawyers. The London office is their European hub and is a vibrant and busy place to work.
They are currently hiring a Senior Revenue Controller who is responsible for the overall billing cycle across multiple practice groups, dealing directly with Partners and secretaries. In addition, there will be involvement in various special projects and assignments as part of the ongoing development of the finance function.
Responsibilities
Arranging monthly meetings with partners to review progress on WIP and AR. To include ascertaining when matters are due to be billed, the type of billing to be completed and any issues regarding expected recoverability or cash collection
Generating WIP and AR document
Maintaining adequate records of conversations with partners on WIP balances and accounts receivable, identifying actions arising from meetings and conversations; Cascade information in a timely and accurate manner
Work to maximise cash collections and minimise irrecoverable WIP or debt balances
Provide guidance and training to internally within team where appropriate
Monitor accounts receivable and follow up in line with agreed procedures, including phone and/or email correspondence to remind lawyers and their assistants, through to follow up directly with clients when required
Respond promptly and efficiently to the high volume of emails related to billing inquiries and requests for information, liaising with lawyers on all billing related issues
Preparation and processing of invoices, in particular the more complex invoices, ensuring that all bills are checked for numerical accuracy and compliance with all relevant VAT, SAR and AML guidelines
Preparation and processing of e-bills; ensuring matter templates are set up correctly, entering timekeeper rates and any other e-billing administration
Respond to information requests including various audit requirements
Processing write-offs of irrecoverable time and disbursements
Maintaining billing templates and billing instructions
Generate weekly time reports and distribute to Partners
Review the Accounts receivables process to ensure debt collection information is passed on appropriately. Review client
Senior Revenue Controller employer: Career Legal Careers
As one of the UK’s top 100 law firms, our client offers a dynamic and supportive work environment that fosters professional growth and development. With a strong emphasis on collaboration and innovation, employees benefit from a culture that values their contributions and encourages continuous learning. The stunning new offices provide an inspiring backdrop for a rewarding career in the legal sector, making it an excellent choice for those seeking meaningful employment as a Revenue Assistant.
