Collections Specialist

Larbey Evans Ltd; Greater London; Hybrid; GBP 75,000; Full time

Job summary

A prestigious law firm is seeking a Collections Specialist to lead their London office's debt management. Responsibilities include establishing debt collection strategies, managing high-value client accounts, and collaborating with partners on billing discipline. Ideal candidates should possess strong analytical skills, knowledge in legal finance, and an ICM qualification. This role offers a salary of circa £75k plus a lucrative performance bonus scheme and has a hybrid working model of 3 days in the office and 2 days remote.

Benefits

Lucrative monthly performance bonus scheme

Qualifications

• Candidates should have a legal credit control or debt management background.
• Experience handling a high-volume, high-dollar accounts receivable portfolio.
• Excellent analytical and financial skills.

Responsibilities

• Head debt management function for the London office.
• Review and improve existing debt collection processes.
• Act as main contact for debt recovery and credit control matters.

Skills

Strong analytical and negotiation skills

Knowledge of Solicitors Accounts Rules and VAT

Attention to detail

Relationship building skills

Education

ICM qualification or similar

Tools

Aderant

Expert Collections

Power BI

Job description

Collections Specialist

This highly successful Silicon Vally headquartered US law firm is keen to hire a debt collections specialist to head up the firm’s London office debt management function.

• Salary circa £75k plusfantastic lucrative monthly performance bonus scheme
• Hybrid working of 3 days in the office/ 2 remote
• City of London

Due to the continuous growth of their London office and UHNW client portfolio, the firm require a senior level Credit Controller who can install a strategic and functioning debt collections process, providing all round aged debt management and risk assessment to the firm's largest and most prestigious clients.

Working within the Director of Administration and Managing Partner, as well as with the existing Revenue team in London, you will be required to act as the main contact for the firm regarding debt recovery and credit control matters. You will be required to review and improve existing processes and influencing change across the firm in relation to outstanding debts and housekeeping. You will lead on aged debt reviews with Partners and Fee Earners, driving billing discipline and minimising lock-up. In cases of long-term aged debt, you will work closely with both the partner and client to monitor performance and ensuring effective escalation methods are agreed.

Candidates will have come from a legal credit control / debt management background handling a high-volume, high-dollar accounts receivable portfolio. You will have experience of using a recognised credit management software, Aderant and Expert Collections preferred. Other requirements required are;

• ICM qualification or similar is preferred
• Strong analytical and negotiation skills; able to assess client history and offer solutions to ensure payment
• Confident knowledge of Solicitors Accounts Rules and VAT
• Knowledge of Power BI reporting is a plus
• Excellent analytical and financial skills with good attention to detail both personally and for the team
• Can do attitude, with good judgement, communication and relationship building skills, developed in a partnership environment

To apply, please contact Neil Hagan today.