Revenue Time and Rates Executive in London

Revenue Time and Rates Executive in London

London Full-Time 30000 - 40000 £ / year (est.) No working from home possible
Herbert Smith Freehills Kramer

At a Glance

  • Tasks: Analyse timesheets, manage rates, and ensure accurate billing processes.
  • Company: Join a leading legal firm with a focus on collaboration and innovation.
  • Benefits: Competitive salary, flexible working hours, and opportunities for professional growth.
  • Other info: Dynamic team environment with strong support for personal and professional development.
  • Why this job: Make a real impact in the legal industry while developing your skills.
  • Qualifications: Attention to detail, IT proficiency, and a knack for problem-solving.

The predicted salary is between 30000 - 40000 £ per year.

Responsibilities

  • Timesheet analysis, investigation and amendments including:
    • Basic amends - transfer between matters, update various codes
    • Basic time recording policy - allocating to correct files, introducing the time recording guidelines for internal matters
    • Intermediate amends - changing hours, splitting entries, rounding time
  • Understanding matter plans and settings in a time recording context
  • Inputting new rates
  • Running Rates Enquiries for existing rates
  • Diagnose and correct issues with existing rates
  • Responsible for responding to all rates requests / queries within the agreed SLAs
  • Making sure approval processes are adhered to
  • Liaising with team leaders and managers within all areas of Business Finance
  • Liaising with senior management, Partners and key members of the Departments and Divisions that the team is responsible for
  • Gaining an overall understanding of the charging structures within different offices, Divisions/Depts, and large or high profile clients/matters
  • Provide, as far as possible, a "one stop shop" for the business community on rates matters, and providing guidance wherever possible on and if necessary referring colleagues to the appropriate source of help
  • Ensuring that key objectives are agreed (with Manager / Head of Revenue), monitored and met at all times
  • Maintaining integrity of internal filing for reference / approval purposes
  • Ad-hoc tasks relating to the reporting and presenting of rates related information
  • Undertake any other duties as required by the Revenue Management team
  • Create, maintain and develop relationships with business stakeholders in the legal and support communities

Qualifications, skills and experience

  • Consistent, fast and accurate data entry with high attention to detail
  • Competent IT skills, good working knowledge of Word, Excel and Outlook
  • Suggests new ideas or ways of doing things in a confident, constructive and sensitive way
  • Experience of working in the legal industry, or professional services environment would be an advantage
  • Ability to analyse problems and present solutions to management or the business
  • Solid commercial skills, including reviewing and validating proposals, making recommendations

Personal Leadership

  • Positively impacts those around them, makes quality decisions and develops themselves both personally and professionally
  • Demonstrates sound knowledge in their field
  • Anticipates potential problems and identifies a range of possible solutions
  • Adapts their interpersonal style to suit different audiences in a genuine way

Builds Authentic Relationships

  • Takes time to get to know people beyond their role
  • Treats people with respect and in a fair and consistent way
  • Recognises when colleagues are under pressure and volunteers to assist them where possible

Collaborates with others

  • Works within teams and across boundaries to share knowledge and achieve results
  • Identifies and builds relationships required to achieve the best outcomes for the firm
  • Engages people with the right skills, knowledge and expertise to provide advice and assist with tasks
  • Connects other people in the firm who have mutual interests or work objectives
  • Generously shares their time, knowledge, expertise and talent to support others' success

Enhances the Client Experience

  • Creates opportunities to enhance the experience of the firm's clients through their daily tasks
  • Behaves consistently with the firm's values in their interactions with others
  • Conducts themselves in a way that reflects positively on the firm's brand, both inside and outside the firm

Achieves Results

  • Maintains focus and drive to achieve quality outcomes
  • Focuses their time and efforts on issues that will have the greatest impact on agreed objectives
  • Anticipates responses and plans their approach accordingly
  • Looks for the most effective way to achieve outcomes
  • Maintains perspective and optimism when faced with setbacks

Revenue Time and Rates Executive in London employer: Herbert Smith Freehills Kramer

As a Revenue Time and Rates Executive, you will thrive in a dynamic work environment that values collaboration and personal growth. Our company offers comprehensive training and development opportunities, ensuring you can enhance your skills while contributing to meaningful projects. With a strong commitment to employee well-being and a culture that fosters respect and teamwork, we provide an excellent platform for your career advancement in the heart of the legal industry.

Herbert Smith Freehills Kramer

Contact Details:

Herbert Smith Freehills Kramer Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Revenue Time and Rates Executive in London

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like Herbert Smith Freehills Kramer. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Revenue Time and Rates Executive in London

Timesheet Analysis
Data Entry
Attention to Detail
IT Skills
Microsoft Word
Microsoft Excel
Microsoft Outlook

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Herbert Smith Freehills Kramer.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Herbert Smith Freehills Kramer's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Herbert Smith Freehills Kramer

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Herbert Smith Freehills Kramer.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at Herbert Smith Freehills Kramer will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former Herbert Smith Freehills Kramer employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.