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 on the firm's growth and efficiency.
- 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 Manchester 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 training opportunities and resources to enhance your skills, while enjoying a competitive salary and comprehensive benefits package. This role not only allows you to lead strategic improvements in cash flow management but also empowers you to make meaningful changes that support both the firm's objectives and your career aspirations.
StudySmarter Expert Advice🤫
We think this is how you could land Working Capital Manager (0505) in Manchester
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Mills & Reeve. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Working Capital Manager (0505) in Manchester
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Mills & Reeve.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Mills & Reeve's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Mills & Reeve
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Mills & Reeve.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Mills & Reeve will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Mills & Reeve employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
