Client Rates Manager

Client Rates Manager

Full-Time 36000 - 60000 Β£ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage client rates and ensure accurate billing in our finance system.
  • Company: Join a leading law firm with a collaborative and inclusive culture.
  • Benefits: Enjoy competitive pay, bonuses, private medical insurance, and a pension plan.
  • Why this job: Be a key player in optimising client relationships and financial processes.
  • Qualifications: Experience with Elite 3E and strong attention to detail required.
  • Other info: Flexible hybrid working model and excellent career development opportunities.

The predicted salary is between 36000 - 60000 Β£ per year.

The role involves responsibility for creating, updating, improving, and managing the overall quality of client and matter rates held within the firm's finance system 3E. This position requires a high level of accuracy while ensuring efficient and effective delivery of data quality and leading change in approaches to new systems and processes.

You will provide proactive feedback, updates, and escalate any issues regularly to the Revenue Manager and Chief Financial Officer. You will become one of the main points of contact for our clients' Billing and eBilling teams globally, as well as client and matter partners within the firm. You will advise the business on best practices to adhere to clients' outside counsel rate and billing guidelines.

What will you do:

  • Use technical expertise and build effective relationships to ensure compliance with commercial terms and outside counsel guidelines.
  • Translate new and updated client commercial rate agreements into the 3E rate structure.
  • Implement, update, and maintain 3E rate structure processes to ensure accurate billing according to the commercial terms and outside counsel guidelines.
  • Manage 3E rate processes; source data and upload to 3E.
  • Collaborate with and advise clients and third-party vendors to ensure system configurations are optimised for efficiency.
  • Collaborate and update the eBilling team on new and updated rate agreements.
  • Assist on rate setups when onboarding new eBilling clients.
  • Advise Finance Systems on future strategy of timekeeper rate management.
  • Provide a quality service ensuring that team processes and objectives align with business needs.
  • Provide regular feedback to the Senior Finance Managers.
  • Adhere to agreed best practices, policies, and processes while adapting to local requirements as necessary.
  • Share knowledge and skills with colleagues within the global Billing and eBilling teams.
  • Apply commercial logic to advise the business on best practices for maximum financial benefit.
  • Maintain constructive working relationships with Client and Matter Partners and key personnel within external organisations.
  • Maintain professionalism when dealing with contacts within external organisations.

Rate Management:

  • Set up, maintain, and update client-specific rates in the firm's financial systems Elite 3E.
  • Ensure compliance with agreed engagement terms and pricing arrangements.
  • Monitor rate changes and apply discounts or adjustments as per client agreements.

Client Relationship Support:

  • Act as a point of contact for rate-related queries from partners, finance teams, and clients.
  • Collaborate with Client Managers and Billing teams to resolve discrepancies promptly.

Governance & Compliance:

  • Ensure adherence to firm policies and regulatory requirements in rate management.
  • Maintain accurate documentation for audits and internal reviews.

Process Improvement:

  • Review and streamline rate setup processes for efficiency.
  • Support system enhancements and participate in testing new functionalities.

What we are looking for:

  • Extensive experience and strong understanding of Elite 3E rate processes.
  • Experience of delivering process change.
  • Excellent attention to detail and accuracy in data quality.
  • Experience of managing and motivating teams.
  • Comfortable working under pressure and to tight deadlines.
  • Strong communication and stakeholder management skills.
  • Solution-oriented and commercially driven.

Equal opportunities:

We are committed to fostering equality, diversity, and inclusion within our firm and ensuring equal employment opportunities. We believe this commitment creates a vibrant and rewarding work environment.

We encourage you to apply even if you don’t meet every single requirement. We are looking for individuals who are passionate and eager to learn and grow with us.

Client Rates Manager employer: Simmons & Simmons

At Simmons & Simmons, we pride ourselves on fostering a collaborative and inclusive work culture where every voice is valued. As a Client Rates Manager, you will benefit from our commitment to employee growth through innovative learning opportunities and a supportive environment that encourages professional development. With a competitive benefits package, including private medical insurance and a hybrid working model, we ensure that our team members thrive both personally and professionally in a dynamic and engaging workplace.
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Contact Detail:

Simmons & Simmons Recruiting Team

StudySmarter Expert Advice 🀫

We think this is how you could land Client Rates Manager

✨Tip Number 1

Network like a pro! Reach out to your connections in the finance and legal sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!

✨Tip Number 2

Prepare for interviews by researching the company and its culture. Familiarise yourself with their values and recent projects. This will help you tailor your responses and show that you're genuinely interested in being part of their team.

✨Tip Number 3

Practice makes perfect! Conduct mock interviews with friends or use online platforms. Focus on articulating your experience with Elite 3E rate processes and how you've driven process changes in previous roles.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining our team and ready to contribute to our collaborative culture.

We think you need these skills to ace Client Rates Manager

Elite 3E Rate Processes
Data Quality Management
Process Improvement
Stakeholder Management
Client Relationship Management
Attention to Detail
Communication Skills
Problem-Solving Skills
Commercial Awareness
Team Management
Change Management
Governance and Compliance
Technical Expertise
Time Management
Adaptability

Some tips for your application 🫑

Tailor Your Application: Make sure to customise your CV and cover letter for the Client Rates Manager role. Highlight your experience with Elite 3E and any relevant process changes you've implemented. We want to see how your skills align with what we're looking for!

Showcase Your Attention to Detail: Since this role requires a high level of accuracy, be sure to emphasise your attention to detail in your application. Mention specific examples where your meticulousness has led to successful outcomes in previous roles.

Communicate Clearly: Strong communication skills are key for this position. Use clear and concise language in your written application. We appreciate straightforwardness, so make it easy for us to see your qualifications and enthusiasm!

Apply Through Our Website: We encourage you to submit your application through our careers page. This way, we can ensure your application is processed smoothly. Plus, it shows you're keen on joining our team at StudySmarter!

How to prepare for a job interview at Simmons & Simmons

✨Know Your Numbers

As a Client Rates Manager, you'll be dealing with a lot of data. Brush up on your understanding of Elite 3E rate processes and be ready to discuss how you've used data to drive improvements in past roles. This shows you’re not just familiar with the system but can also leverage it effectively.

✨Showcase Your Communication Skills

You'll need to interact with various stakeholders, so practice articulating your thoughts clearly. Prepare examples of how you've successfully managed client relationships or resolved discrepancies in the past. This will demonstrate your ability to maintain constructive working relationships.

✨Be Solution-Oriented

The role requires a proactive approach to problem-solving. Think of specific instances where you've identified issues and implemented solutions, especially in process improvements. Highlighting your solution-oriented mindset will resonate well with the interviewers.

✨Understand the Company Culture

Familiarise yourself with the firm's values and culture. They pride themselves on collaboration and inclusivity, so be prepared to discuss how you align with these principles. Showing that you fit into their culture can set you apart from other candidates.

Client Rates Manager
Simmons & Simmons
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