Legal Revenue Controller – Busy Finance Team – US Law

TN United Kingdom; London; On-site; GBP 40,000 - 70,000; Full time

Job summary

An established industry player is seeking a skilled Legal Revenue Controller to enhance their busy finance team. This role involves managing billing, collections, and revenue control activities for a prestigious US law firm. You will be responsible for preparing bills, ensuring compliance with legal billing cycles, and collaborating with partners to optimize collections. The ideal candidate will have a strong understanding of credit control functions and legal billing, along with proficiency in relevant financial systems. Join a dynamic team where your contributions will directly impact the firm's success.

Qualifications

• Experience in legal billing cycles is essential.
• Proficiency in IT tools, especially MS Office, is required.

Responsibilities

• Prepare bills and manage collections for partners and clients.
• Ensure compliance with VAT and billing requirements.
• Engage with fee earners to improve collections.

Skills

Legal knowledge or experience within a law firm

Understanding of Credit Control functions

Experience in multi-currency international billing

Ability to work independently and as part of a team

Knowledge of Solicitors Accounting Rules and VAT

Proficiency in MS Word and Excel

Education

5 GCSEs (A-C)

3 A Levels (A-C)

Tools

Aderant Expert

Job description

Legal Revenue Controller – Busy Finance Team – US Law

Our client, a prestigious US law firm, is seeking an experienced Finance professional to manage billings, collections, and revenue control for their busy organization.

Position Overview

Contribute to the effectiveness of the Billing and Collection team by providing comprehensive and efficient services to partners and external clients, supporting the firm's business objectives.

Location

Mainly based in London, with responsibilities also in Paris, Frankfurt, and Luxembourg offices.

Responsibilities

1. Preparing prebills, bills, credit notes, and detailed billing reports for specific partners and clients.
2. Handling time and disbursement write-offs, edits, and transfers.
3. Reviewing time entries for proper coding, billing rates, compliance, and completeness.
4. Liaising with fee earners to issue bills timely and maximize billing.
5. Ensuring VAT compliance and adherence to statutory requirements.
6. Managing billing inquiries, client accruals, account analysis, and reporting.
7. Pursuing debtors effectively via telephone, email, and letter.
8. Engaging fee earners and partners to improve collections and reduce debt.
9. Attending meetings to agree on collection plans.
10. Reviewing aged debt lists to identify and escalate issues.
11. Maintaining the credit control database with current activity.
12. Collaborating with the Assistant Finance Manager for Billing & Collections.

Skills, Experience & Qualifications

• Legal knowledge or law firm background preferred.
• Experience in credit control and legal billing cycles.
• Experience with multi-currency international billing.
• Team player with ability to work independently.
• Knowledge of Solicitors Accounting Rules and VAT.
• Proficiency in MS Word and Excel.
• Knowledge of financial systems like Aderant is a plus.
• Minimum of 5 GCSEs (A-C) or 3 A Levels (A-C).

If interested, please send your CV for an initial discussion.