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Working Capital Controller

Ambition Europe Limited
Posted 8 days ago, valid for 16 days
Location

London, Greater London E10 6EJ, England

Salary

£45,000 - £54,000 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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  • An established global law firm is seeking a Working Capital Controller for their London office.
  • The role involves preparing and processing bills, managing e-bills, and ensuring accurate charge allocations.
  • Candidates should have essential experience in a finance function, with working capital experience being beneficial, and a professional demeanor for relationship building.
  • The position offers a competitive salary of £60,000 per annum and requires at least 3 years of relevant experience.
  • Successful candidates will be proactive, organized, and capable of multitasking in a fast-paced environment.

I am delighted to be partnered with an established global Law firm in their search for a Working Capital Controller to join their London office. Joining an innovative and global law firm, this is an excellent opportunity in legal finance.

Day duties of the role:

  • Prepare and process bills to ensure time and disbursements are accurately charged and allocated.
  • Prepare and process e-bills, ensuring accurate charges and allocation, and clear rejected e-bills.
  • Thoroughly check bills before sending them to partners and clients.
  • Draft narrative in support of bills and prepare monthly and quarterly bills for clients.
  • Maintain billing profiles with regular updates to provide accurate estimates.
  • Comprehensive follow-up of action items, including time transfer, time write-off, dispatch of billing guides, disbursements, and queries.
  • Meet with partners at least monthly to review current matters, ensure pledged bills materialize, and address credit control issues.
  • Keep partners and clients informed on a daily/weekly basis about fee accruals.
  • Promote and create the use of the Pricing Model, providing support and assistance to partners and associates.
  • Provide technical 3E support to Legal PAs if required.
  • Liaise with SSC Teams in Belfast (Revenue, eBilling, and Credit Control) and participate in relevant meetings.
  • Manage Working Capital Lock Up Days by regularly reviewing WIP and debtor lock-up days, monitoring billing/write-off trigger points, and flagging debtor issues to partners.
  • Work closely with partners on credit control issues to unlock debts quickly, influence partners to allow normal debt-chasing processes, and highlight queries or disputes requiring partner intervention.
  • Ensure all financial aspects of new matter set-ups are correctly completed.

The right candidate will have:

  • Essential experience in a Finance function; working capital experience beneficial.
  • Quickly assimilates information and applies key compliance functions (SRA Accounts Rules, sales taxes, VAT).
  • Professional, responsive, and effective in building relationships.
  • Active team player who supports and engages with others.
  • Shares knowledge, provides, and accepts feedback.
  • Excellent communicator, listens, and values other opinions.
  • Delivers tasks professionally and organized with minimal supervision.
  • Able to work under pressure and multitask to meet deadlines.
  • Committed to maintaining established processes and systems.
  • Experience with legal practice management systems is beneficial.

If you are working in Legal finance and looking for a new role in working capital control, please apply above or email

If this job isn't quite right for you, but you know someone who would be great at this role, why not take advantage of our referral scheme? We offer £200 in shopping vouchers for every referred candidate who we place in a role. Terms & Conditions Apply. https://refer-a-friend

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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.