At a Glance
- Tasks: Manage billing and revenue functions while supporting financial targets.
- Company: Join Simpson Thacher & Bartlett LLP, a leading international law firm.
- Benefits: Competitive salary, hybrid work model, and a commitment to diversity.
- Why this job: Be part of a dynamic team that values collaboration and innovation.
- Qualifications: 5+ years in a legal environment with billing experience and strong Excel skills.
- Other info: Flexible work environment with opportunities for personal and professional growth.
The predicted salary is between 36000 - 60000 £ per year.
The firm Simpson Thacher & Bartlett LLP is one of the world’s leading international law firms. The Firm was established in 1884 and has more than 1,000 lawyers. Headquartered in New York with offices in Beijing, Brussels, Hong Kong, Houston, London, Los Angeles, Luxembourg, Palo Alto, São Paulo, Tokyo and Washington, D.C., the Firm provides coordinated legal advice and transactional capability to clients around the globe.
Description/Job Summary
To help manage the firm’s billing and revenue function in addition to assisting the firm to achieve its financial targets by providing an efficient and commercially focused service throughout the firm.
Responsibilities / Duties
- Establishing relationships in order to gain knowledge about the clients and matters of the departments quickly;
- Following up on matters that have concluded or have reached billing stage and ensuring they are responded to in a timely manner;
- Responsible for managing the revenue aspects of a specified group of Partners and fee earners within the firm;
- Conducting a regular review of Work In Progress (WIP) and Accounts receivable (AR) for your group and arranging review meetings with Partners and the group credit controller;
- Hold meetings with Partners and fee earners to discuss WIP & AR, including the credit controller in order to determine most appropriate course of action;
- Ensuring the timely processing of bills, checking VAT and numerical calculations on bills and compliance to VAT and Solicitors Accounts Rules;
- Continued maintenance of the matter comments and reporting for Partners assigned to you;
- Maintenance of transfers of time/cost and write-offs, production of credit notes where necessary;
- Regular analysis of client/matter information in relation to archiving;
- Keeping Partners and fee earners up-to-date on outstanding matters.
Required Skills
- Minimum of five years plus previous experience of working in a legal environment including exposure to billing, VAT and disbursements;
- Knowledge of Solicitors Accounts Rules;
- An understanding or experience of billing in a foreign currency and associated issues;
- Proficiency in Microsoft Office with strong skills in Excel;
- Experience of using Elite 3E required;
- Capable of being well organised with good writing skills;
- Ability to multi-task and prioritise;
- Ability to organise work flow and use time efficiently;
- Ability to be accurate and show an attention to detail;
- Capable of working within a high-charged, fast-paced environment;
- Flexibility to adapt to all work situations and demands as required;
- Available to work additional hours where necessary.
Details Salary and Benefits: Competitive Hybrid: Monday-Thursday in office, ability to WFH on Fridays.
Equal Opportunities
Simpson Thacher is committed to ensuring that everyone can reach their full potential, irrespective of background, identity, or circumstance. We know that we are at our best when we bring together diverse experiences and perspectives. This is why we are focused on fostering a collegial environment which maximises collaboration, empowering every individual to thrive and succeed.
Billing Coordinator employer: Simpson Thacher & Bartlett LLP
Contact Detail:
Simpson Thacher & Bartlett LLP Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Billing Coordinator
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Simpson Thacher & Bartlett LLP on LinkedIn. A friendly chat can give us insider info and maybe even a referral!
✨Tip Number 2
Prepare for the interview by knowing your stuff! Research the firm’s recent cases and their billing practices. This shows we’re genuinely interested and ready to contribute.
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or family. Focus on articulating how our skills in billing and finance can help the firm achieve its targets.
✨Tip Number 4
Don’t forget to follow up! After the interview, send a thank-you email expressing our appreciation for the opportunity. It keeps us on their radar and shows our enthusiasm.
We think you need these skills to ace Billing Coordinator
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Billing Coordinator role. Highlight your experience in billing, VAT, and disbursements, as well as any relevant legal environment exposure. We want to see how your skills match what we're looking for!
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 role and how your background aligns with our firm's needs. Keep it concise but impactful – we love a good story!
Showcase Your Attention to Detail: Since accuracy is key in this role, make sure your application is free from typos and errors. Double-check your documents before submitting them. We appreciate candidates who take pride in their work!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us that you’re serious about joining our team!
How to prepare for a job interview at Simpson Thacher & Bartlett LLP
✨Know Your Numbers
As a Billing Coordinator, you'll be dealing with financial data daily. Brush up on your knowledge of billing processes, VAT regulations, and the Solicitors Accounts Rules. Be prepared to discuss how you've handled these aspects in previous roles.
✨Showcase Your Organisational Skills
This role requires excellent organisational abilities. During the interview, share specific examples of how you've managed multiple tasks or projects simultaneously. Highlight any tools or methods you use to stay organised and efficient.
✨Build Rapport with Your Interviewers
Establishing relationships is key in this role. Use the interview as an opportunity to connect with your interviewers. Ask insightful questions about their experiences at the firm and express genuine interest in their work.
✨Demonstrate Attention to Detail
Accuracy is crucial in billing. Prepare to discuss situations where your attention to detail made a significant impact. You might even want to bring along examples of reports or documents you've worked on that showcase your meticulousness.