Billings & Collections Analyst

Billings & Collections Analyst

Full-Time 40000 - 50000 £ / year (est.) No working from home possible
United Kingdom

At a Glance

  • Tasks: Manage billing and collections processes while ensuring compliance with firm guidelines.
  • Company: Join King & Spalding, a leading global law firm known for innovation and excellence.
  • Benefits: Enjoy a competitive salary, annual bonus, and comprehensive benefits including private medical insurance.
  • Other info: Great career growth opportunities in a supportive and collaborative environment.
  • Why this job: Be part of a dynamic team and make a real impact in the legal industry.
  • Qualifications: Experience in billing within a US law firm and strong communication skills are essential.

The predicted salary is between 40000 - 50000 £ per year.

King & Spalding is a leading global law firm with a commitment to excellence, innovation, and the seamless delivery of legal services. We harness innovative technology and exceptional talent to meet the complex needs of our clients in a fast-paced and dynamic legal landscape. King & Spalding seeks an experienced Billing & Collections Analyst to provide support in our busy accounts team ensuring the smooth running of the billing and collections processes. Previous relevant knowledge and experience in a US Law firm is essential, ensuring billing and collection processes are compliant with firm guidelines and SRA rules at all times. We are looking for a driven professional who enjoys problem solving and who has excellent verbal and written communication skills. The role will require someone ambitious and proactive to take full ownership of WIP and AR. Candidates must be confident and possess exemplary interpersonal skills, both verbally and in writing, with the ability to work collaboratively as part of a team.

Key Responsibilities

  • Managing monthly billing/collection cycle.
  • Aging targets.
  • Lock-up period reduction goals.
  • Managing and monitoring all phases of the inventory cycle.
  • Process write-offs/time transfers as per Firm policy.
  • Review and verify accuracy of billing and supporting documentation as required.
  • Research and respond to inquiries regarding billing issues and problem solving.
  • Create and distribute monthly billing reports.
  • Working closely with partners and Accounts Manager to deliver results.
  • Organise and attend monthly meetings with partners to discuss their inventory.
  • Inputting of vendor invoices into Chrome River.
  • Assist with special projects and provide cover for accounting staff as needed.
  • Ad hoc tasks as required.

Skills Required

  • Implement project management for more complex billing needs.
  • Ability to maintain a high standard of work under pressure.
  • Confident and effective communicator.
  • Management and prioritising of workload to meet deadlines.
  • Excellent knowledge of Solicitors Accounts Rules & UK/EU VAT.
  • Experience or understanding of billing in a foreign currency and potential issues.
  • Ability to engage, establish and maintain relationships to gain knowledge about clients and matters.
  • Able to respond quickly to requests for billing materials.
  • Analytical thinking to reconcile billing information.
  • Experience of working with task codes.
  • Proficient in budget management.
  • Meticulous attention to detail.
  • Excellent numeracy skills.
  • Aderant Expert knowledge is advantageous but not essential.

Benefits and Compensation

The Firm offers a generous total compensation package with annual bonus in recognition of individual merit-based performance. Eligible employees may participate in King & Spalding’s comprehensive benefit program, including private medical insurance with Bupa, life assurance (4x salary), critical illness insurance (2x salary) and income protection insurance, 7% firm pension contribution, gym membership/wellness allowance contribution, Employee Assistance Programme, season ticket loan, cycle to work scheme and 25 days annual holiday.

Equal Employment Opportunity

King & Spalding LLP (K&S) is committed to providing equal employment opportunity to all applicants and employees in full compliance with all state, federal, and local laws prohibiting discrimination on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, genetic information, age, disability or any other status protected by applicable law.

Billings & Collections Analyst employer: United Kingdom

King & Spalding is an exceptional employer that fosters a culture of excellence and innovation, making it an ideal place for a Billings & Collections Analyst to thrive. With a comprehensive benefits package, including private medical insurance, generous pension contributions, and wellness allowances, employees are well-supported in their professional and personal lives. The firm prioritises employee growth through collaborative teamwork and offers opportunities to engage with partners, ensuring a dynamic and rewarding work environment in the heart of a leading global law firm.

United Kingdom

Contact Details:

United Kingdom Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Billings & Collections Analyst

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We think you need these skills to ace Billings & Collections Analyst

Billing and Collections Processes
Knowledge of Solicitors Accounts Rules
UK/EU VAT
Analytical Thinking
Problem Solving
Excellent Verbal Communication Skills
Excellent Written Communication Skills

Some tips for your application 🫡

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