At a Glance
- Tasks: Manage revenue control and credit processes while collaborating with various teams.
- Company: Dynamic legal firm with a strong finance team across multiple locations.
- Benefits: Hybrid working, competitive salary, and opportunities for personal growth.
- Other info: Flexible working environment with a focus on integrity and high standards.
- Why this job: Join a vibrant team and make a real impact in revenue management.
- Qualifications: Experience in revenue and credit control, preferably in the legal sector.
The predicted salary is between 40000 - 50000 £ per year.
Based in our London office, this role will sit in the Revenue and Pricing team. There are c.67 employees in the Finance team based across London, Cheltenham, and Hong Kong, and it is divided into four key areas:
- Reporting and Analysis (including Management Accounts, Business Intelligence, Financial Control and Business Partnering teams)
- Cash Operations
- Revenue, Pricing (and Credit Control)
- Revenue Control
Regular review of aged work in progress and meeting with designated partners to ensure this is effectively managed and department budgets are met.
Working with department heads to gather accurate monthly billing forecasts.
Being first point of contact for one of the firms four business divisions.
Producing reports and analysis of billable time as/when required to respond to requests from clients for additional information.
Reviewing and updating WIP provision on a monthly basis.
Assisting with the preparation of spreadsheets for the valuation of work in progress in accordance with FRS5.
Ensuring that missing timesheets are promptly identified and chased.
Ensuring that temporary time entries are promptly resolved and charged to the appropriate file.
Ensuring edits and time transfers are properly authorised and accurately processed.
Prompt and accurate production of all bills submitted for processing.
Ensuring the accurate processing of all write offs of unbillable time and disbursements and that all such requests are properly authorised in accordance with the firm’s authorisation limits as they might apply from time to time.
Ensuring that all bills submitted for processing comply with all relevant VAT and Solicitor Account Rule.
Ensuring that all bills are sent out as soon as possible after they have been processed.
Preparing full and partial credit notes.
Credit Control:
Taking responsibility for all outstanding debts of assigned business division.
Pro-actively chasing clients by telephone and other means of communication to ensure invoices are promptly settled.
Keeping in regular contact with Partners and Fee Earners to ensure that they are following up on the queries as required.
Identifying and escalating potential problem debts to the Head of Revenue and Pricing.
Producing statements and reminder letters.
Reviewing and updating bad debt provision on a monthly basis.
Comply with all relevant legal and regulatory obligations including the Solicitors Regulation Authority (SRA) Standards and Regulations, and Principles.
Skills and experience:
- Revenue and credit control experience, ideally within the legal sector.
- Ideally experience in the use of CMS or Elite.
Person specification:
- Conscientious and methodical with excellent attention to detail.
- Flexible and hands on attitude.
- Strong communication skills with the ability to deal with partners and fee earners at all levels.
- Proactive and demonstrable experience of using initiative.
- Ability to work autonomously.
- Working together.
- Integrity and respect.
- Inclusive.
- Personal impact and growth.
- Driving high standards.
- Commercial mindset.
Hybrid working: We adopt a hybrid and flexible working approach, dependent on the requirements of the role and subject to manager approval.
Revenue Controller (International) employer: Charles Russell Speechlys LLP
As a Revenue Controller in our London office, you will join a dynamic Finance team that values collaboration and integrity. We offer a supportive work culture with hybrid working options, fostering employee growth through continuous learning and development opportunities. Our commitment to high standards and inclusivity makes us an excellent employer for those seeking a meaningful career in the legal sector.
Contact Details:
Charles Russell Speechlys LLP Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Revenue Controller (International)
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those already working in finance or revenue control. A friendly chat can lead to insider info about job openings that aren’t even advertised yet.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their revenue processes and be ready to discuss how your experience aligns with their needs. We want you to shine!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you on their radar and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website for the best chance at landing that dream job! We love seeing applications directly from candidates who are keen to join our team and make an impact.
We think you need these skills to ace Revenue Controller (International)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Revenue Controller role. Highlight your relevant experience in revenue and credit control, especially if you've worked in the legal sector. We want to see how your skills match 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 our team. Mention specific experiences that relate to the job description and show us your enthusiasm for the role.
Show Off Your Attention to Detail:As a Revenue Controller, attention to detail is key. In your application, make sure there are no typos or errors. This shows us you take pride in your work and understand the importance of accuracy.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get all the updates about your application status directly from us!
How to prepare for a job interview at Charles Russell Speechlys LLP
✨Know Your Numbers
As a Revenue Controller, you'll be dealing with financial data daily. Brush up on your understanding of revenue and credit control metrics, especially within the legal sector. Be prepared to discuss how you've managed aged work in progress or improved billing forecasts in your previous roles.
✨Showcase Your Communication Skills
This role requires strong communication with partners and fee earners. During the interview, highlight instances where you've effectively communicated complex financial information to non-financial stakeholders. Use examples that demonstrate your ability to chase debts and resolve queries proactively.
✨Demonstrate Attention to Detail
Attention to detail is crucial in this position. Prepare to discuss specific examples where your meticulous nature has led to successful outcomes, such as accurate billing or resolving discrepancies in timesheets. Bring along any relevant reports or analyses you've produced to showcase your skills.
✨Understand the Legal Framework
Familiarise yourself with the Solicitors Regulation Authority (SRA) Standards and Regulations. Being able to discuss how you ensure compliance in your work will show that you understand the legal context of the role. Consider preparing questions about how the firm navigates these regulations in their day-to-day operations.
