At a Glance
- Tasks: Manage billing processes and improve cash collection across the firm.
- Company: Join a Top 60 Law firm committed to employee development and modern legal practices.
- Benefits: Enjoy 26 days holiday, pension, company events, and hybrid working options.
- Other info: Embrace innovation and personal growth in a supportive environment.
- Why this job: Make a real impact in finance while working collaboratively with a dynamic team.
- Qualifications: Financial qualification or relevant experience, strong attention to detail, and resilience.
Taylor Rose is a Top 60 Law firm with a national footprint across the UK. We are committed to developing our employees and to delivering outstanding service to our customers. Our vision is to continue to deliver #smart #modern #law and to embrace and develop our employees through their career. We work Monday to Friday 9am – 5pm, offering 26 days holiday, plus Bank Holidays, Pension, Company Events and a commitment to Training and Development opportunities. We can offer this position as a hybrid role.
The Revenue Manager will oversee and drive the management and billing of WIP and collection of cash across the firm. Significant capital balances are locked up in WIP and debtors and need to be properly managed to maximise collection of cash, bad debt provisioning and accuracy of monthly financial results. Additionally, the Revenue Manager will be responsible for overseeing the preparation of invoices with frequent interaction with fee earners of the business. Working collaboratively with busy fee earners and the wider Finance team, help drive forward improvements to existing procedures and processes.
Requirements:
- Understanding of SRA regulations and regulatory environment (preferred)
- Hold a relevant financial qualification (or be qualified by depth of experience)
- Ability to plan and prioritise, produce high quality work while handling multiple projects
- High levels of accuracy and attention to detail
- Experience working within a billing and credit control environment
- Resilience and ability to challenge appropriately
- Strong finance reconciliation skills
This role involves but is not limited to:
- Review and manage the level of WIP in the business liaising with relevant fee earners, heads of department and financial management.
- Deliver a high-quality billing and collections process to all fee earners within the business and monitor the effectiveness of the process.
- Deliver timely and accurate reporting on debt, including HoDs, finance leaders and Board level; providing detailed analysis and actionable insight.
- Understand the firm’s billing rules and take responsibility for compliance.
- Manage the billing write off process and ensure any material amounts are brought to the attention of the Head of Financial Operations, Director of Financial Operations and CFO.
- Assist with cashflow forecasting for the group.
- Working with IT to configure the financial system reporting and analysis to facilitate strong business controls and procedures.
- Work with the finance systems implementation teams to develop and deliver management reporting on debtors and WIP.
Company Core Values:
- Aspirations: To be the best that you can, motivated to do things better, works smarter not harder, embraces changes, learns from mistakes, takes an interest in the vision of the business.
- Integrity: Open and honest, shows respect, admits mistakes, looks at ways to improve and share ideas.
- Innovation: Creative and Dynamic, Adaptable to change, seeks ways of doing things better, get involved with work that makes a difference, continuously learns new things for personal development.
- Commitment: Relationships for the long-term.
Revenue Manager employer: Taylor Rose Limited
Taylor Rose is an exceptional employer that prioritises the growth and development of its employees while delivering modern legal services across the UK. With a supportive work culture that values integrity, innovation, and commitment, employees enjoy a hybrid working model, generous holiday allowances, and numerous training opportunities to enhance their careers. Join us to be part of a dynamic team where your contributions are valued and you can make a meaningful impact in the legal sector.
StudySmarter Expert Advice🤫
We think this is how you could land Revenue Manager
✨Tip Number 1
Network like a pro! Reach out to people in the legal and finance sectors, especially those who work at firms similar to Taylor Rose. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by researching the firm’s values and recent news. Show us that you’re not just another candidate; demonstrate how your skills align with their commitment to innovation and integrity.
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience in billing and credit control makes you the perfect fit for the Revenue Manager role. Keep it concise and focus on your achievements.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Revenue Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Revenue Manager role. Highlight your experience in billing, credit control, and financial management to show us you’re the right fit!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about this role and how your background aligns with our values at Taylor Rose. Don’t forget to mention your understanding of SRA regulations if you have it!
Showcase Your Attention to Detail:As a Revenue Manager, accuracy is key! Make sure your application is free from typos and errors. This will demonstrate your attention to detail and commitment to high-quality work.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at Taylor Rose Limited
✨Know Your Numbers
As a Revenue Manager, you'll be dealing with financial data daily. Brush up on your financial reconciliation skills and be ready to discuss how you've managed WIP and cash collections in the past. Bring examples of how you’ve improved billing processes or handled challenging debt situations.
✨Understand the Regulatory Landscape
Familiarise yourself with SRA regulations and the regulatory environment. This knowledge will not only show your commitment to compliance but also demonstrate that you understand the broader context of the role. Be prepared to discuss how you’ve navigated these regulations in previous positions.
✨Showcase Your Collaborative Spirit
This role involves working closely with fee earners and the finance team. Think of examples where you’ve successfully collaborated with others to drive improvements in processes. Highlight your ability to communicate effectively and build relationships, as this is key to success in the role.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities and resilience. Prepare for scenarios where you might need to challenge existing processes or manage difficult conversations about debt. Practising your responses can help you articulate your thought process clearly during the interview.
