Senior Revenue Controller

Position Objective

We are looking to hire a permanent Senior Revenue Controller to work in our Working Capital team. This role will provide support to the Revenue Control Team Leader, a revenue service including time/WIP management, billing and detailed transactional reporting “from cradle to grave” in working capital terms.

Position Expectations

Provide support to Revenue Control Team Leader and act as deputy to manage the team and workloads where necessary.

Work closely with Practice Group Finance Managers as appropriate.

As directed by Team Leader, actively work with all stakeholders to ensure PG/Team meets monthly, billing and quarterly cash and lock up targets and other key Finance metrics.

Supporting, preparing information for and attending monthly revenue review meetings with designated Partners and Associates, to cover all aspects of WIP, debt, disbursements, client monies, time management and billing.

Provide client fee breakdowns to partners, advising if fees are approaching fee cap as per retainer letters and the monitoring of transactions until completion. The use of ARCS 3 to accurately report matter progress.

Supporting the business in relation to on-line Paperless pre-bill processing including training and floor-walking.

Deal with all billing queries raised throughout the month and facilitate quick query resolution.

Management of monthly billing process including review of partner’s proformas, the assigning of them to monthly codes to ensure partners review and action proformas and the offshore team bill them.

Post-month end analysis of deferred proformas including follow-ups with partners. Updates recorded in ARCS 3.

As directed, assist in Credit Control activities including follow ups with partners on outstanding invoices, contacting clients on behalf of partners, reviewing provisioned invoices, playing an active role in team hitting its cash target, managing debt progress on ARCS 3 and answering e mails from assigned Credit Controller.

Work with E-Billing team to provide updates where necessary.

Supporting Cashiering function on query resolution, cash allocation and client funds.

Assist with the various Client Matter Opening Team queries in terms of client entities, rates, addresses as directed by Team Leader.

Regular reminders to partners on working at risk matters, monitoring of progress and management of information to allow efficient and timely billing.

Regular review of missing time and chasing of timekeepers as appropriate.

Dealing with various AP related queries including status of 3rd party invoices and answering queries relating to anticipated costs and unpaid invoices.

Assist Team Leader with partner/client reports as necessary through the use of Elite/BI/Qlikview.

Maintaining professional regulatory standards and knowledge, e.g. UK VAT requirements & Solicitors Accounts Rules.

Liaising with other Business Service Teams offering support and assistance when required.

Undertaking any other duties as required by Revenue Team Leaders and Practice Group Managers.

Assisting in the FRS5 process as required.

Tracking of volume discounts and rebates where necessary.

Setting up and monitoring of secondments and advising partners and assistants of the process.

Personal Success Characteristics    

Proactive, enthusiastic, able to influence partners, ability to learn quickly and operate in a rapidly evolving organization.

Able to manage team

Previous Experience

Previous experience of working in a similar Finance role essential

Knowledge of Elite systems will be important

Legal experience desirable

Experience of working with and advising senior management

Professional/Educational Qualification        

Previous Legal and Finance experience essential

Reports To:          Revenue Control Team leader

Hours of Work:    37.5 hours per week Monday-Friday 9.00am – 5.30pm

Location:              London