A new opportunity has arisen at a successful private equity firm for a legal and tax vendor manager on a permanent, full-time basis. Based within the legal and tax team, this is a new, business-critical role where you will take ownership of how the firm manages external relationships and associated expenditure.
The main purpose of this role is to build processes and AI-enabled tools that provide visibility of external advisory spend and support the legal and tax teams in managing external relationships efficiently.
Main responsibilities include:
- Owning the annual budgeting process – setting and communicating budgets to relevant stakeholders.
- Providing regular reporting to legal and tax leadership.
- Monitoring and managing fee arrangements and rate cards across all external vendors.
- Identifying opportunities for fixed-fee arrangements and volume discounts.
- Leveraging and configuring legal spend management tools, integrating AI-enabled functionality where appropriate.
- Ensuring that the legal spend management platforms are integrated with the firm’s other finance systems.
- Continuously improving the spend management platform based on user feedback.
- Managing and maintaining external advisor panels, running regular panel review processes.
- Acting as the primary point of contact for external advisors on billing and relationship admin issues.
- Coordinating onboarding of new external advisors.
- Ensuring that all external advisory invoices are processed and settled within agreed payment terms.
- Collaborating closely with the legal technology team, staying aware of emerging legal technology systems and recommending new innovative tools.
- Identifying and implementing improvements to procurement governance for external advisors
Experience and skills required:
- Strong experience managing external counsel and professional advisory spend.
- Proven track record of implementing spend management processes or tools.
- Excellent communication skills and the ability to build relationships at all levels.
- The ability to work under pressure and to tight timescales.
- Experience managing panel processes.
- Skilled in using legal technology and AI tools to improve processes.
- A solid understanding of finance and accounts payable function.
- Confidence presenting to senior stakeholders.
This is an exciting role that offers a competitive salary and the opportunity to make a big contribution in a high-impact role .To be successful you must possess excellent stakeholder management skills, be commercially minded and very well organised.
Legal Vendor Manager in Slough employer: Jameson Legal Tech
Join a dynamic legal software consultancy in London, where your expertise as a SQL Developer will be valued and impactful. We foster a collaborative work culture that encourages innovation and personal growth, offering opportunities to enhance your skills in a supportive environment. With a focus on professional development and a commitment to excellence, this role provides a unique chance to contribute to our evolving success while enjoying the vibrant atmosphere of London.