Billings & Collections Analyst in London

Billings & Collections Analyst in London

London Full-Time 40000 - 50000 £ / year (est.) No working from home possible
King & Spalding

At a Glance

  • Tasks: Manage billing and collections processes while collaborating with a dynamic accounts team.
  • Company: Join King & Spalding, a leading global law firm known for innovation and excellence.
  • Benefits: Enjoy a competitive salary, annual bonus, and comprehensive benefits including private medical insurance.
  • Other info: Be part of a cohesive culture with over 2,500 professionals worldwide.
  • Why this job: Make an impact in a fast-paced legal environment while developing your professional skills.
  • Qualifications: Experience in billing and collections within a US law firm is essential.

The predicted salary is between 40000 - 50000 £ per year.

King & Spalding is a leading global law firm with a commitment to excellence, innovation, and the seamless delivery of legal services. We harness innovative technology and exceptional talent to meet the complex needs of our clients in a fast-paced and dynamic legal landscape. King & Spalding seeks an experienced Billing & Collections Analyst to provide support in our busy accounts team ensuring the smooth running of the billing and collections processes.

Previous relevant knowledge and experience in a US Law firm is essential, ensuring billing and collection processes are compliant with firm guidelines and SRA rules at all times. We are looking for a driven professional who enjoys problem solving and who has excellent verbal and written communication skills. The role will require someone ambitious and proactive to take full ownership of WIP and AR. Candidates must be confident and possess exemplary interpersonal skills, both verbally and in writing, with the ability to work collaboratively as part of a team.

Key Responsibilities:
  • Managing monthly billing/collection cycle.
  • Aging targets.
  • Lock-up period reduction goals.
  • Managing and monitoring all phases of the inventory cycle.
  • Process write-offs/time transfers as per Firm policy.
  • Review and verify accuracy of billing and supporting documentation as required.
  • Research and respond to inquiries regarding billing issues and problem solving.
  • Create and distribute monthly billing reports.
  • Working closely with partners and Accounts Manager to deliver results.
  • Organise and attend monthly meetings with partners to discuss their inventory.
  • Inputting of vendor invoices into Chrome River.
  • Assist with special projects and provide cover for accounting staff as needed.
  • Ad hoc tasks as required.
Skills Required:
  • Implement project management for more complex billing needs.
  • Ability to maintain a high standard of work under pressure.
  • Confident and effective communicator.
  • Management and prioritising of workload to meet deadlines.
  • Excellent knowledge of Solicitors Accounts Rules & UK/EU VAT.
  • Experience or understanding of billing in a foreign currency and potential issues.
  • Ability to engage, establish and maintain relationships to gain knowledge about clients and matters.
  • Able to respond quickly to requests for billing materials.
  • Analytical thinking to reconcile billing information.
  • Experience of working with task codes.
  • Proficient in budget management.
  • Meticulous attention to detail.
  • Excellent numeracy skills.
  • Aderant Expert knowledge is advantageous but not essential.

The Firm offers a generous total compensation package with annual bonus in recognition of individual merit-based performance. Eligible employees may participate in King & Spalding’s comprehensive benefit program, including private medical insurance with Bupa, life assurance (4x salary), critical illness insurance (2x salary) and income protection insurance, 7% firm pension contribution, gym membership/wellness allowance contribution, Employee Assistance Programme, season ticket loan, cycle to work scheme and 25 days annual holiday.

King & Spalding LLP (K&S) is committed to providing equal employment opportunity to all applicants and employees in full compliance with all state, federal, and local laws prohibiting discrimination on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, genetic information, age, disability or any other status protected by applicable law. We are proud of our remarkably cohesive culture, which now encompasses more than 2,500 lawyers and business professionals worldwide. We seek to attract and develop the very best talent to work with us.

Billings & Collections Analyst in London employer: King & Spalding

King & Spalding is an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration in the heart of Greater London. Employees benefit from a comprehensive compensation package, including medical insurance, pension contributions, and wellness allowances, alongside ample opportunities for professional growth in the rapidly evolving field of legal technology. Join us to be part of a forward-thinking team that values your expertise and encourages meaningful contributions to the future of legal services.

King & Spalding

Contact Details:

King & Spalding Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Billings & Collections Analyst in London

Get Involved in Law Societies

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We think you need these skills to ace Billings & Collections Analyst in London

Billing and Collections Processes
Knowledge of Solicitors Accounts Rules
UK/EU VAT
Analytical Thinking
Problem Solving
Excellent Verbal Communication Skills
Excellent Written Communication Skills

Some tips for your application 🫡

Highlight Your Legal Knowledge:When applying for a full-time role in legal services at King & Spalding, make sure to demonstrate your understanding of key legal principles and areas of law relevant to the position. Include any specific coursework, modules, or certifications, like LPC or BPTC qualifications, that showcase your legal expertise directly on your CV.

Showcase Your Research Skills:In the legal field, strong research skills are crucial. Use your application to illustrate how you've utilised these skills in past studies or work experiences – whether that's through past internships or significant projects. Mention any legal databases or tools you’re proficient in, as this can give you an edge.

Tailor That Cover Letter!:Your cover letter is your chance to shine! Make it personal by expressing your genuine interest in King & Spalding and the specific role of Billings & Collections Analyst. Talk about why you want to be part of their team, how your unique experiences align with their values, and why you’re passionate about the legal sector.

Stay Formal but Friendly:While we all know the legal world can be pretty formal, don’t be afraid to let a bit of personality shine through in your written application. Use a respectful tone, but feel free to inject a little warmth; this approach can help you stand out and show you're a great fit for King & Spalding’s culture!

How to prepare for a job interview at King & Spalding

Know Your Legal Principles

Brush up on foundational legal principles relevant to the specific area of law you’re applying for, whether it’s corporate, criminal, or family law. We might get asked situational questions to test your knowledge, so being articulate about key concepts will make you stand out.

Be Ready for Case Studies

Full-time legal roles often involve case studies during interviews. Prepare to analyse a hypothetical case and discuss your approach to it. Practising this with a peer or mentor can help us refine our reasoning and articulate a solid legal argument.

Show Off Your Research Skills

As legal professionals, strong research skills are a must. Have examples ready of how you've effectively used legal databases or conducted thorough legal research in your past experiences. It's a great way to demonstrate your readiness for the role at King & Spalding.

Exude Professionalism and Confidence

In the legal field, professionalism is key. During the interview, we should maintain good eye contact and communicate clearly to show that we’re not just knowledgeable, but also confident. This can make a positive impression on your potential colleagues at King & Spalding.