Senior Coordinator – Revenue Operations

Latham & Watkins; Washington (District of Columbia); On-site; USD 100,000 - 110,000; Full time

Benefits offered by this job

Healthcare Insurance

401k Plan

Paid holidays

PTO 23 days

Well-being programs

Professional development

Employee discounts

Affinity groups

Job summary

Latham & Watkins is seeking a Senior Coordinator - Revenue Operations for our Washington DC office. The role focuses on strategically managing inventory and revenue cycle activities to meet financial targets, while delivering commercially focused solutions to improve the revenue lifecycle for the office or practice group.

The successful candidate will manage billing processes across attorneys or matters, communicate with stakeholders, ensure regulatory compliance, and mentor the Revenue

Qualifications

• Bachelor’s degree or equivalent in accounting or related field.
• Minimum of three (3) years of experience in a law firm setting.
• Minimum of five (5) years of cumulative professional experience.

Responsibilities

• Manage the revenue lifecycle for a group of billing attorneys or matters, ensuring compliance with applicable court requirements and filing deadlines, acting as a trusted adviser and primary point of contact, establishing and maintaining strong internal and external client relationships, and constructively influencing billing behavior and outcomes
• Establish frequent communication with billing attorneys, attorney support, and other stakeholders to discuss work - in - progress (WIP) & accounts receivable (AR), determine appropriate courses of action, and reduce inventory days
• Ensure compliance of all processes and systems throughout the revenue lifecycle with relevant internal and external regulation and legislation, including VAT, Criminal Finances Act Solicitors' Accounts Rules, and money laundering regulations, while proactively identifying and mitigating associated risk
• Mentoring Revenue Operations team members to create and maintain a high - quality, punctual service for the office or practice group, and maintaining regular communication with team members to assist with team development
• Promoting best practice for matter maintenance to ensure the judicious conversion of work in progress (WIP) to cash, including the accurate opening and timely closure of matters, effective use of billed on account (BOA), and the strategic management of inventory, while exercising discretion to advise on appropriate write - offs and clearly articulating the financial and business rationale supporting those recommendations
• Protecting and maintaining any highly sensitive, confidential, privileged, financial, and/or proprietary information that Latham & Watkins retains

Skills

Interpersonal skills

Customer-service focus

Time management

Organizational skills

Independent and team leadership

Education

Bachelor’s degree or equivalent in accounting or related field

Job description

About Latham & Watkins

Latham & Watkins is one of the world's leading global law firms advising the businesses and institutions that drive the global economy. We are the market leaders in major financial and business centers around the world. Our investment in people, commitment to innovation, and focus on the future empower you to build an incredible career and thrive as an exceptional professional in a supportive culture. If you aspire to be the best, and work with the best, this is where you belong.

About The Role

The Senior Coordinator - Revenue Operations is an integral part of Latham's Practice Office Revenue Operations team. This role will be responsible for strategically managing inventory and revenue cycle activities and assisting the firm in achieving its financial targets through the delivery of an efficient and commercially focused service, while formulating and providing innovative, commercially focused solutions to improve the management, engagement, and performance of the revenue lifecycle for the relevant office or practice group, exercising sound judgement and strategic discretion to minimize exposure to locked-up inventory and to mitigate financial and reputational risk. This role will be located in our Washington DC office.

Responsibilities & Qualifications

Other key responsibilities include:

• Managing the revenue lifecycle for a group of billing attorneys or matters, ensuring compliance with applicable court requirements and filing deadlines, acting as a trusted adviser and primary point of contact, establishing and maintaining strong internal and external client relationships, and constructively influencing billing behavior and outcomes


• Establishing frequent communication with billing attorneys, attorney support, and other stakeholders to discuss work - in - progress (WIP) & accounts receivable (AR), determine appropriate courses of action, and reduce inventory days


• Ensuring compliance of all processes and systems throughout the revenue lifecycle with relevant internal and external regulation and legislation, including Value - Added Tax (VAT), Criminal Finances Act Solicitors' Accounts Rules, and money laundering regulations, while proactively identifying and mitigating associated risk


• Mentoring Revenue Operations team members to create and maintain a high - quality, punctual service for the office or practice group, and maintaining regular communication with team members to assist with team development


• Promoting best practice for matter maintenance to ensure the judicious conversion of work in progress (WIP) to cash, including the accurate opening and timely closure of matters, effective use of billed on account (BOA), and the strategic management of inventory, while exercising discretion to advise on appropriate write - offs and clearly articulating the financial and business rationale supporting those recommendations


• Protecting and maintaining any highly sensitive, confidential, privileged, financial, and/or proprietary information that Latham & Watkins retains

We'd love to hear from you if you:

• Possess well - developed and professional interpersonal skills, including strong written and verbal communication skills and the ability to interact with people at all organizational levels


• Demonstrate the ability to take initiative and work both independently and in a team - leadership capacity with a customer - service focus


• Exhibit organizational skills to manage time well, prioritize effectively, handle multiple deadlines, and supervise the work of others to ensure compliance and accuracy, while using independent judgment for decision - making

And have:

• A bachelor’s degree or equivalent in accounting or a related field


• A minimum of three (3) years of experience in a law firm setting


• A minimum of five (5) years of cumulative professional experience

Benefits & Additional Information

Successful candidates will not only be provided with an outstanding career opportunity and welcoming environment, but will also be provided with a generous total compensation package with bonuses awarded in recognition of both individual and firm performance. Eligible employees can participate in Latham's comprehensive benefit program which includes:

• Healthcare, life and disability insurance


• A generous 401k plan


• At least 11 paid holidays per year, and a PTO program that accrues 23 days during the first year of employment and grows with tenure


• Well-being programs (e.g. mental health services, mindfulness and resiliency, medical resources, well-being events, and more)


• Professional development programs


• Employee discounts


• Affinity groups, networks, and coalitions for lawyers and staff

Latham & Watkins is an equal opportunity employer. The Firm prohibits discrimination against any employee or applicant for employment on the basis of race (including, but not limited to, hair texture and protective hairstyles), color, religion, sex, age, national origin, sexual orientation, gender identity, veteran status (including veterans of the Vietnam era), gender expression, marital status, or any other characteristic or condition protected by applicable statute.

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Pay Range

USD $100,000.00 - USD $110,000.00 /Yr.