Collections Specialist

Larbey Evans Ltd; United Kingdom; Hybrid; GBP 40,000 - 60,000; Full time

Job summary

A prominent law firm in the City of London is seeking a Collections Specialist. This senior-level role involves leading debt management processes, improving existing systems, and working closely with partners for debt recovery. Candidates should possess a legal credit control background and strong analytical skills. The firm offers a competitive salary and a hybrid working model.

Benefits

Competitive salary plus performance bonus

Hybrid working model

Qualifications

• Experience in legal credit control or debt management.
• Ability to handle high-volume accounts receivable portfolios.
• Strong analytical and financial skills.

Responsibilities

• Head up the debt management function in London office.
• Lead aged debt reviews with Partners and Fee Earners.
• Act as the main contact for debt recovery and credit control.

Skills

Analytical skills

Negotiation skills

Attention to detail

Client relationship building

Knowledge of Solicitors Accounts Rules and VAT

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.

• Competitive salary 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.