At a Glance
- Tasks: Collaborate with partners on billing, collections, and compliance in a dynamic law firm.
- Company: Join a prestigious global law firm with a strong reputation.
- Benefits: Competitive salary, hybrid working, and opportunities for professional growth.
- Other info: Immediate applications welcome for this exciting opportunity.
- Why this job: Make an impact in a fast-paced environment while honing your financial skills.
- Qualifications: 2+ years of billing experience in a law firm or professional services.
The predicted salary is between 50000 - 60000 £ per year.
We are currently recruiting for a Billing Revenue Specialist to join the London office of a highly regarded global law firm. The successful applicant will be responsible for closely collaborating with partners to ensure timely and accurate billing and collections, and compliance with guidelines.
Responsibilities will include:
- Meeting with partners to gauge levels of billing, updates, and prepare summaries.
- Monitoring and recording WIP.
- Analysing negative WIP trends.
- Maintaining, updating, and checking application of charge rates.
- Preparing pre-bills, processing invoices, and checking VAT requirements.
- Ensuring all finalised invoices are sent before month end.
- Uploading e-bills and onboarding clients onto e-billing platform.
- Handling Time Recording and billing queries.
- Preparing and sending client statements.
- Following up on invoices.
- Liaise with partners and clients regarding outstanding AR; maintaining and updating notes, as necessary.
- Performing client audits, debt collection, and bankruptcy proceedings.
- Preparing Cash Collection grids and monthly lockup reports.
- Reporting monthly unbilled WIP.
- Preparing credit note and bad debt provisions.
- Updating and logging third-party payor for AML clearance.
A highly competitive salary range is on offer, plus 3:2 hybrid working arrangements. Suitable applicants will have relevant billing and revenue experience gained from a law firm or professional service environment. We are seeking candidates with 2+ years’ experience with Aderant, strong knowledge of SARs, excellent interpersonal skills, strong working knowledge of billing processes, a collaborative approach and the ability to manage a busy workload. Applications are being welcomed now, for immediate review.
Billing & Revenue Specialist employer: Law Support
Join a prestigious global law firm in London as a Billing & Revenue Specialist, where you will thrive in a dynamic work culture that values collaboration and professional growth. With a competitive salary and flexible 3:2 hybrid working arrangements, this role offers the opportunity to develop your skills in a supportive environment while contributing to the firm's success. Embrace the chance to work alongside experienced partners and enhance your career in a leading legal institution.
StudySmarter Expert Advice🤫
We think this is how you could land Billing & Revenue Specialist
✨Tip Number 1
Network like a pro! Reach out to your connections in the legal field and let them know you're on the hunt for a Billing & Revenue Specialist role. You never know who might have the inside scoop on openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of billing processes and Aderant. We recommend practising common interview questions related to revenue management and client interactions, so you can showcase your expertise confidently.
✨Tip Number 3
Don’t forget to follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Mention something specific from your conversation to show you were engaged and are genuinely interested in the role.
✨Tip Number 4
Apply through our website for the best chance at landing that job! We’re always looking for talented individuals like you, and applying directly can sometimes give you an edge over other candidates.
We think you need these skills to ace Billing & Revenue Specialist
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Billing & Revenue Specialist role. Highlight your relevant experience, especially in billing processes and any specific software like Aderant. 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 your experience with law firms or professional services and how you can contribute to our collaborative environment.
Showcase Your Interpersonal Skills:Since this role involves liaising with partners and clients, make sure to highlight your excellent interpersonal skills. Share examples of how you've successfully managed relationships in previous roles – we love to see that!
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Law Support
✨Know Your Numbers
Make sure you brush up on your billing and revenue metrics. Understand how to analyse WIP trends and be ready to discuss your experience with invoicing and collections. This will show that you’re not just familiar with the processes, but that you can also contribute to improving them.
✨Showcase Your Collaboration Skills
Since the role involves working closely with partners, be prepared to share examples of how you've successfully collaborated in the past. Highlight any experiences where you’ve liaised with clients or handled queries effectively, as this will demonstrate your interpersonal skills.
✨Familiarise Yourself with Aderant
If you have experience with Aderant, great! If not, take some time to learn about it. Being able to speak confidently about how you’ve used similar systems or your willingness to learn new software can set you apart from other candidates.
✨Prepare for Scenario Questions
Think about potential scenarios you might face in this role, such as handling overdue invoices or preparing cash collection grids. Prepare your responses to these situations, focusing on your problem-solving skills and how you would approach each challenge.
