At a Glance
- Tasks: Manage revenue control, billing, and credit control for a busy law firm.
- Company: A well-established and growing law firm with a friendly team.
- Benefits: Competitive salary, supportive work environment, and opportunities for professional growth.
- Other info: Great career progression opportunities in a collaborative setting.
- Why this job: Join a dynamic team and play a key role in financial success.
- Qualifications: Experience in revenue control and strong communication skills.
The predicted salary is between 40000 - 50000 £ per year.
Our client, a well-established growing law firm, is currently recruiting for an experienced Legal Revenue Controller to join their large, busy and friendly revenue team, reporting to the Head of Revenue Control.
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
- Billing
- Produce accurate bills in line with VAT and Solicitors’ Accounts Rules
- Process authorised write-offs and prepare credit notes
- Ensure bills are issued promptly
- Credit Control
- 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
Revenue Controller-Legal employer: LJRecruitment
Join a well-established and growing law firm that values its employees and fosters a supportive work culture. As a Revenue Controller, you will benefit from competitive remuneration, opportunities for professional development, and a collaborative environment where your contributions are recognised and valued. Located in a vibrant area, the firm offers a unique chance to be part of a dynamic team dedicated to excellence in legal revenue management.
StudySmarter Expert Advice🤫
We think this is how you could land Revenue Controller-Legal
✨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 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 billing forecasts and WIP analysis. Be ready to discuss how you've managed aged work in progress in the past, as this will show you're the right fit for the team.
✨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 remind them why you’re the perfect candidate.
✨Tip Number 4
Apply through our website for the best chance at landing that dream job! We make it easy for you to showcase your skills and experience directly to employers looking for someone just like you.
We think you need these skills to ace Revenue Controller-Legal
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Revenue Controller role. Highlight your experience in managing aged work in progress and billing processes, as these are key responsibilities for us.
Showcase Relevant Skills:Don’t forget to showcase your skills in credit control and debt management. We want to see how you’ve proactively chased overdue invoices and managed outstanding debts in your previous roles.
Be Clear and Concise:When writing your cover letter, be clear and concise about why you’re a great fit for our team. Use specific examples from your past experiences that relate directly to the job description.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss any important updates!
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 knowledge of billing forecasts, WIP analysis, and how to manage aged work in progress. Be ready to discuss specific examples from your past experience where you successfully managed these aspects.
✨Understand the Legal Landscape
Familiarise yourself with VAT and Solicitors’ Accounts Rules, as these are crucial for the role. Showing that you understand the legal framework surrounding billing will impress your interviewers and demonstrate your readiness for the position.
✨Communication is Key
You'll need to liaise with partners and fee earners regularly, so highlight your communication skills. Prepare examples of how you've effectively chased overdue invoices or resolved issues with clients in the past. This will show that you're proactive and can handle the interpersonal aspects of the job.
✨Be Ready for Problem-Solving
Expect questions about how you would handle problem debts or disputes over billing. Think of scenarios where you've had to escalate issues or update bad debt provisions. Demonstrating your problem-solving skills will show that you're equipped to handle the challenges of the role.
