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Revenue Controller

Career Legal
Posted 15 hours ago, valid for 24 days
Location

London, Greater London EC1R 0WX

Salary

£80,000 - £96,000 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • We are seeking a Revenue Controller for a prestigious London law firm with over 250 years of history.
  • The role requires a minimum of 5 years of experience in a legal firm, specifically in client accounting, and familiarity with the Solicitors’ Accounting Rules.
  • The successful candidate will manage WIP and Debt, ensuring timely billing and payment from clients, while also producing regular financial reports for partners and management.
  • The position offers a competitive salary, though the exact figure is not specified in the job description.
  • Candidates must possess strong communication skills and the ability to build relationships with both partners and external clients.

We are recruiting for a leading London-based law firm with a strong history dating back more than 250 years. They provide a full range of services to clients in the UK and internationally, working with businesses and public bodies of all shapes and sizes and across a broad range of sectors.

They are now looking to hire a Revenue Controller, working within the Finance team, the role provides support to the firm in the control and management of revenue control (WIP & Debt), including regular communication and face to face meetings with Partners and fee earners. As a Senior Revenue controller, you will support the revenue controller with establishing relationships with clients, ensuring that clients are billed promptly and remit funds in a timely manner.

Responsibilities

  • Overall responsibility for WIP and Debt management for a selection of departments.
  • Working with relevant fee earners to resolve relevant residual balances held on matters.
  • Sending invoices directly to the clients for swift payment and following up in accordance with the credit control policy including client queries relating to invoices and any internal queries that may arise.
  • Processing all card payments and managing PCIS compliance,
  • Distribution of monthly statements to clients, including reconciling and applying interest to bills older than 30 days or as otherwise prescribed,
  • Credit checks for businesses and providing credit limit recommendations.
  • Producing weekly/frequently/ad hoc WIP and Debt reports for Partners, fee earners and senior management.
  • Meeting monthly in person with the partners to discuss their outstanding WIP & Debt balances, current and aged.
  • Calculating monthly cash targets.
  • Monthly/Quarterly and year end process - cover for FD in periods of absence/illness
  • Issuing Credit notes
  • Bill, time, disbursements w/offs
  • E-billing - using legal tracker.
  • Provide cover for cashiers during peak times or periods of absence/sickness.
  • Provide cover for bank reconciliations when required.
  • Undertake any ad hoc duties required.

Candidate Profile

  • Minimum of 5 years of legal firm experience.
  • Client accounting in a law firm desirable
  • Comprehensive knowledge of the Solicitors’ Accounting Rules
  • Accounts experience with a law firm or partnership environment.
  • Effective communication skills, able to communicate in a clear and professional manner with all levels of staff.
  • Ability to build strong working relationships with partners and external clients.
  • Prioritisation and delegation skills
  • Flexible and prepared to work additional hours at month, quarter, and year ends.

Important Notice

It is Career Legal’s policy, as a matter of courtesy, to respond to all applications within three working days. However because of the volume of applications, we are sometimes unable to respond to individual candidates. If we have not contacted you within three working days your application has been unsuccessful and your details have not been retained. Please apply for any other position that you may see in the future. Thank you.

Career Legal is a Recruitment Agency and is advertising this contract vacancy on behalf of one of its Clients.

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.