We are currently recruiting for an experienced WIP & Credit Controller to join a professional services environment. This role will support the effective management of WIP, debt and cash collection, helping to minimise financial exposure and maximise cash flow.
Key Responsibilities
- Monitor and manage WIP, identifying aged and high-risk balances and escalating issues where required.
- Support initiatives to reduce aged WIP and improve WIP conversion.
- Manage a portfolio of clients in line with established debt collection procedures.
- Work closely with Partners and Fee Earners to resolve outstanding WIP and debt.
- Provide accurate commentary on expected receipts, risks and barriers to collection to support cash forecasting.
- Monitor residual client account balances alongside bills and recommend appropriate action.
- Prepare monthly exposure reports, highlighting WIP, debt and working capital issues.
- Carry out account reconciliations, client analysis and ad hoc financial reporting.
- Assist the Cashiers team with obtaining remittances and advising on payment allocations.
- Identify trends and potential risks, making recommendations for appropriate action.
- Build strong working relationships with Partners, Fee Earners, clients and internal finance teams.
About You
- Previous Credit Control experience within a law firm is essential.
- Strong understanding of WIP, debt management and cash collection.
- Excellent communication, negotiation and relationship-management skills.
- Confident dealing with Partners, Fee Earners and clients at all levels.
- Proactive, organised and systematic, with strong attention to detail.
- Able to identify financial risks and recommend practical solutions.
- Comfortable working independently while collaborating closely with senior finance colleagues.
- Basic understanding of AI tools and their application in the workplace.
- Strong analytical and problem-solving skills.
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Credit Controller in London employer: Strictly Recruitment
As a leading international law firm, we pride ourselves on fostering a dynamic and inclusive work culture that values collaboration and professional growth. Our London office offers a hybrid working model, allowing for flexibility while ensuring you are part of a vibrant team dedicated to excellence. With competitive salaries and a comprehensive benefits package, we empower our employees to thrive in their roles and support them in achieving their career aspirations.
