At a Glance
- Tasks: Lead cash flow optimisation and streamline billing processes in a top UK law firm.
- Company: Join a high-performing finance team at a leading UK law firm.
- Benefits: Enjoy a competitive salary and a wide range of benefits.
- Other info: Be part of a diverse and inclusive workplace with career development opportunities.
- Why this job: Make a real impact by improving financial processes and supporting growth.
- Qualifications: CICM accreditation or experience in WIP management is essential.
The predicted salary is between 60000 - 75000 £ per year.
Join a high-performing finance team in a leading UK law firm, driving strategic improvements in working capital management and supporting the firm's growth ambitions.
The Working Capital Manager will lead the firm's efforts to optimise cash flow, reduce cash lock‑up days, and streamline processes across WIP (Work in Progress) and debt. Reporting to the Financial Controller, this role manages both the billing and credit control teams, ensuring best practice in billing, collections, and credit management. The successful candidate will be a proactive change agent, removing administrative burden from lawyers' desks and enabling fee earners to focus on client delivery.
Responsibilities
- Lead the optimisation of cash flow and reduction of cash lock‑up days.
- Streamline processes across WIP and debt.
- Manage billing and credit control teams, ensuring best practice and talent development.
- Deliver measurable improvements in cash conversion and process efficiency across the firm's service lines.
- Strategic leadership and influence across departments.
- Process improvement and change management.
- Risk management and compliance.
- Leadership and training.
Qualifications
- CICM (Chartered Institute of Credit Management) accreditation or demonstrable experience in WIP management within a law firm or similar professional services environment.
- Proven track record of delivering process improvements and measurable reductions in cash lock‑up.
- Experience managing billing and/or credit control teams, with evidence of talent development and succession planning.
Benefits
- Competitive salary and a wide range of benefits.
Pre‑employment Screening
Comprehensive pre‑employment screening will be conducted, including a basic DBS check, verification of right to work, a three‑year employment history review, and a self‑declaration covering character and suitability for the role.
Diversity and Inclusion
To find out more about our diversity and inclusion work, visit our website.
Working Capital Manager (0505) in Birmingham employer: Mills & Reeve
Join a prestigious UK law firm that values its employees and fosters a collaborative work culture, where your contributions as a Working Capital Manager will directly impact the firm's growth and success. With a commitment to professional development, you will have access to extensive training opportunities and a supportive environment that encourages innovation and process improvement. Enjoy a competitive salary and a comprehensive benefits package while working in a dynamic team dedicated to excellence in financial management.
