Revenue Controller

Charles Russell Speechlys; Greater London; Hybrid; GBP 70,000 - 90,000; Full time

Job summary

Charles Russell Speechlys is seeking a Revenue Controller to join the London office within the Revenue and Pricing team. You will work with a Finance group of around 67 staff across London, Cheltenham and Hong Kong, focusing on revenue control, billing processes and credit management.

The role involves regular WIP reviews, billing forecasts, and acting as a key contact for a major division. Hybrid working is offered, subject to management approval and role requirements.

Qualifications

• Revenue and credit control experience, ideally within the legal sector.
• Experience in CMS or Elite is preferred.
• Reviewing and updating bad debt provision on a monthly basis.

Responsibilities

• Regular review of aged work in progress and meetings with designated partners to ensure budgets are met.
• Gather accurate monthly billing forecasts with department heads.
• Be the first point of contact for one of the firm’s four business divisions.
• Produce reports and analysis of billable time to respond to client requests for information.
• Review and update WIP provision monthly.
• Assist with preparation of spreadsheets for valuation of work in progress per FRS5.
• Ensure missing timesheets are identified and chased.
• Ensure temporary time entries are resolved and charged to the correct file.
• Ensure edits and time transfers are properly authorised and processed.

Skills

Revenue control experience

CMS or Elite experience

Bad debt provisioning

Tools

CMS

Elite

Job description

Revenue Controller

Roles and Responsibilities

Based in our London office, this role will sit in the Revenue and Pricing team. There are c.67 employees in the Finance team based across London, Cheltenham, and Hong Kong, and it is divided into four key areas

• Reporting and Analysis (including Management Accounts, Business Intelligence, Financial Control and Business Partnering teams)
• Financial Systems
• Cash Operations; and
• Revenue, Pricing (and Credit Control)

Revenue Control

• Regular review of aged work in progress and meeting with designated partners to ensure this is effectively managed and department budgets are met
• Working with department heads to gather accurate monthly billing forecasts
• Being first point of contact for one of the firms four business divisions
• Producing reports and analysis of billable time as/when required to respond to requests from clients for additional information
• Reviewing and updating WIP provision on a monthly basis
• Assisting with the preparation of spreadsheets for the valuation of work in progress in accordance with FRS5
• Ensuring that missing timesheets are promptly identified and chased
• Ensuring that temporary time entries are promptly resolved and charged to the appropriate file
• Ensuring edits and time transfers are properly authorised and accurately processed

Billing Process

• Prompt and accurate production of all bills submitted for processing
• Ensuring the accurate processing of all write offs of unbillable time and disbursements and that all such requests are properly authorised in accordance with the firm’s authorisation limits as they might apply from time to time.
• Ensuring that all bills submitted for processing comply with all relevant VAT and Solicitor Account Rule
• Ensuring that all bills are sent out as soon as possible after they have been processed

Credit Control

• Taking responsibility for all outstanding debts of assigned business division
• Pro-actively chasing clients by telephone and other means of communication to ensure invoices are promptly settled
• Keeping in regular contact with Partners and Fee Earners to ensure that they are following up on the queries as required
• Identifying and escalating potential problem debts to the Head of Revenue and Pricing
• Producing statements and reminder letters
• Reviewing and updating bad debt provision on a monthly basis
• Comply with all relevant legal and regulatory obligations including the Solicitors Regulation Authority (SRA) Standards and Regulations, and Principles.

Skills and experience

• Revenue and credit control experience, ideally within the legal sector
• Ideally experience in the use of CMS or Elite
• Reviewing and updating bad debt provision on a monthly basis

Person specification

• Conscientious and methodical with excellent attention to detail
• Numerate
• Flexible and hands on attitude
• Strong communication skills with the ability to deal with partners and fee earners at all levels
• Proactive and demonstrable experience of using initiative
• Ability to work autonomously

Competencies

• Working together
• Integrity and respect
• Inclusive
• Personal impact and growth
• Driving high standards
• Commercial mindset
• Client - centric
• Responsible Business

Hybrid working

We adopt a hybrid and flexible working approach, dependent on the requirements of the role and subject to manager approval.