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For Companies At a Glance
- Tasks: Manage revenue control and credit control for a dynamic business division.
- Company: Join a leading legal firm with a focus on innovation and teamwork.
- Benefits: Competitive salary, flexible working hours, and opportunities for professional growth.
- Why this job: Play a crucial role in financial management and make a real impact.
- Qualifications: Experience in revenue and credit control, preferably in the legal sector.
- Other info: Collaborative environment with a strong emphasis on integrity and attention to detail.
The predicted salary is between 36000 - 60000 £ per year.
Key Responsibilities
- Revenue Control
- Manage aged work in progress (WIP) and liaise with partners to meet budgets
- Act as main contact for one business division
- Produce billing forecasts, WIP analysis, and billable time reports
- Review and update WIP provisions monthly
- Ensure accurate time recording, authorisation of edits, and resolution of temporary entries
- Produce accurate bills in line with VAT and Solicitors’ Accounts Rules
- Process authorised write-offs and prepare credit notes
- Ensure bills are issued promptly
- Manage outstanding debts for the assigned division
- Proactively chase overdue invoices and liaise with partners and fee earners
- Escalate problem debts and update bad debt provisions monthly
- Produce statements and reminder letters
Skills & Experience
- Revenue and credit control experience, ideally within the legal sector
- Experience with CMS or Elite preferred
- Strong numerical, organisational, and communication skills
- Commercial and client-focused mindset
- High attention to detail and integrity
- Ability to work autonomously and collaboratively
Revenue Controller in City of London employer: LJRecruitment
Contact Detail:
LJRecruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Revenue Controller in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the legal sector and let them know you're on the hunt for a Revenue Controller role. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of revenue and credit control processes. Be ready to discuss your experience with WIP management and how you've tackled overdue invoices in the past. Confidence is key!
✨Tip Number 3
Showcase your skills! When you get the chance, highlight your numerical prowess and attention to detail during conversations. Use examples from your previous roles to demonstrate how you've successfully managed billing forecasts and credit control.
✨Tip Number 4
Don't forget to apply through our website! We make it super easy for you to submit your application and stand out from the crowd. Plus, it shows you're genuinely interested in joining our team.
We think you need these skills to ace Revenue Controller in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your revenue and credit control experience, especially if you've worked in the legal sector. We want to see how your skills align with the key responsibilities listed in the job description.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the Revenue Controller role. Mention specific experiences that demonstrate your numerical and organisational skills.
Showcase Your Attention to Detail: In this role, attention to detail is crucial. When filling out your application, double-check for any typos or errors. We appreciate candidates who take the time to ensure their application is polished and professional.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at LJRecruitment
✨Know Your Numbers
As a Revenue Controller, you'll be dealing with figures all day long. Brush up on your numerical skills and be ready to discuss how you've managed aged work in progress (WIP) in previous roles. Be prepared to share specific examples of how you’ve met budgets and produced billing forecasts.
✨Familiarise Yourself with Legal Sector Practices
Since the role is ideally suited for someone with experience in the legal sector, make sure you understand the nuances of VAT and Solicitors’ Accounts Rules. Research common billing practices in law firms and be ready to discuss how you can ensure compliance while producing accurate bills.
✨Showcase Your Communication Skills
You'll need to liaise with partners and fee earners regularly, so highlight your communication skills during the interview. Prepare examples of how you've effectively chased overdue invoices or escalated problem debts in the past. This will demonstrate your ability to manage relationships while keeping the cash flow healthy.
✨Demonstrate Attention to Detail
In this role, accuracy is key. Be ready to discuss how you ensure precise time recording and the resolution of temporary entries. You might even want to bring along a sample report or two that showcases your attention to detail and organisational skills.
