At a Glance
- Tasks: Lead debt collections and manage aged debt for prestigious clients in a dynamic law firm.
- Company: Successful Silicon Valley law firm expanding its London office.
- Benefits: Competitive salary, lucrative bonuses, and hybrid working model.
- Other info: Join a growing team with excellent career advancement opportunities.
- Why this job: Make a real impact on financial processes while working with high-profile clients.
- Qualifications: Experience in legal credit control and strong analytical skills required.
The predicted salary is between 75000 - 75000 £ per year.
This highly successful Silicon Valley headquartered US law firm is keen to hire a debt collections specialist to head up the firm’s London office debt management function. Salary circa £75k plus fantastic lucrative monthly performance bonus scheme. Hybrid working of 3 days in the office/2 remote in the City of London.
Due to the continuous growth of their London office and UHNW client portfolio, the firm requires a senior level Credit Controller who can install a strategic and functioning debt collections process, providing all round aged debt management and risk assessment to the firm's largest and most prestigious clients.
Working within the Director of Administration and Managing Partner, as well as with the existing Revenue team in London, you will be required to act as the main contact for the firm regarding debt recovery and credit control matters. You will be required to review and improve existing processes and influence change across the firm in relation to outstanding debts and housekeeping.
You will lead on aged debt reviews with Partners and Fee Earners, driving billing discipline and minimising lock-up. In cases of long-term aged debt, you will work closely with both the partner and client to monitor performance and ensure effective escalation methods are agreed.
Candidates will have come from a legal credit control/debt management background handling a high-volume, high-dollar accounts receivable portfolio. You will have experience of using recognised credit management software, Aderant and Expert Collections preferred.
- ICM qualification or similar is preferred
- Strong analytical and negotiation skills; able to assess client history and offer solutions to ensure payment
- Confident knowledge of Solicitors Accounts Rules and VAT
- Knowledge of Power BI reporting is a plus
- Excellent analytical and financial skills with good attention to detail both personally and for the team
- Can do attitude, with good judgement, communication and relationship building skills, developed in a partnership environment
To apply, please contact Neil Hagan today.
Collections Specialist employer: Larbey Evans
As a leading law firm based in the heart of London, we pride ourselves on fostering a dynamic and inclusive work culture that empowers our employees to excel. With competitive salaries, a lucrative performance bonus scheme, and hybrid working options, we offer a supportive environment where your contributions directly impact our prestigious client portfolio. Join us to take advantage of exceptional growth opportunities and be part of a team that values innovation and collaboration in debt management.
StudySmarter Expert Advice🤫
We think this is how you could land Collections Specialist
✨Tip Number 1
Network like a pro! Reach out to your connections in the legal and finance sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have a lead on that perfect Collections Specialist role!
✨Tip Number 2
Prepare for interviews by researching the firm’s culture and values. Tailor your responses to show how your experience aligns with their needs, especially around debt management and client relations. We want to see you shine as the ideal candidate!
✨Tip Number 3
Practice your negotiation skills! Since this role involves dealing with high-value clients, being able to confidently discuss payment terms and solutions is key. Role-play scenarios with a friend to build your confidence.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged with our process. Let’s get you that dream job!
We think you need these skills to ace Collections Specialist
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Collections Specialist role. Highlight your experience in debt management and credit control, especially in a legal context. 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 London office. Share specific examples of how you've improved debt collection processes or managed high-value accounts in the past.
Show Off Your Skills:Don’t forget to mention your analytical and negotiation skills! We’re keen on candidates who can assess client history and offer effective solutions. If you’ve got experience with Aderant or Power BI, make sure to highlight that too!
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 don’t miss out on any important updates from us!
How to prepare for a job interview at Larbey Evans
✨Know Your Numbers
As a Collections Specialist, you'll be dealing with high-value accounts, so brush up on your financial metrics. Be prepared to discuss specific figures from your previous roles, such as recovery rates and the impact of your strategies on cash flow.
✨Showcase Your Process Improvement Skills
The firm is looking for someone who can review and enhance existing processes. Come armed with examples of how you've successfully implemented changes in debt management before, and be ready to explain the outcomes.
✨Demonstrate Your Negotiation Prowess
Negotiation skills are key in this role. Prepare to share stories where you’ve successfully negotiated payment terms or resolved disputes. Highlight your approach and the techniques you used to achieve a win-win situation.
✨Familiarise Yourself with Relevant Software
Since experience with Aderant and Expert Collections is preferred, make sure you know the basics of these systems. If you have experience with similar software, be ready to discuss how you adapted to new tools in the past.
