Senior Working Capital & Billing Lead

Bowmans (Law Firm); Sandton; Vor Ort; ZAR 1.000.000 - 1.400.000; Vollzeit

Zusammenfassung

Bowmans seeks a Working Capital Manager to lead the end-to-end working capital cycle, including WIP, billing, accounts receivable and collections. You will influence senior stakeholders and drive process discipline across time recording, billing and revenue streams.

The role requires 8+ years in working capital or related fields, preferably in a professional services environment, with leadership experience and relevant finance qualifications. Elite 3E exposure is advantageous.

Qualifikationen

• At least 8 years’ relevant experience in working capital, revenue management, billing, credit control or collections.
• Experience in a legal or professional services environment strongly preferred.
• Demonstrated experience managing the matter lifecycle from WIP and billing through to collection.
• Experience engaging and influencing senior stakeholders essential.
• Previous leadership or supervisory experience advantageous.
• Relevant qualification in Finance, Accounting, Business Management or a related field required.
• A professional finance, credit management or related qualification would be advantageous.

Aufgaben

• Leads the firm’s end-to-end working capital cycle across WIP, billing, accounts receivable and collections.
• Develops and implements plans to improve cash conversion, reduce ageing and strengthen working capital performance.
• Identifies emerging risks, trends and opportunities and recommends appropriate action to Finance leadership.
• Supports the setting and monitoring of working capital targets, service standards and accountabilities.
• Reviews WIP regularly and identifies matters requiring billing, transfer, write-off or further investigation.
• Engages partners and fee earners on aged and unbilled WIP and drives agreed actions to completion.
• Oversees the timely and accurate conversion of WIP into client invoices in line with client agreements and applicable requirements.
• Monitors time recording, disbursements, narratives, taxes, fee arrangements, budgets and fee caps to support accurate billing.
• Supports the resolution of complex billing queries and cross-office billing matters.
• Oversees accounts receivable balances and drives the collection of outstanding client accounts.
• Develops and monitors collection plans with partners, fee earners and the relevant Finance teams.
• Tracks overdue and high-risk accounts and ensures appropriate escalation and follow‑up.
• Supports decisions relating to payment arrangements, credit limits, account holds, bad‑debt provisions and write‑offs.
• Drives the achievement of agreed monthly and annual collection targets.
• Provides accurate and timely working capital reports, forecasts and analysis to Finance leadership and relevant stakeholders.
• Supports cash‑flow forecasting by analysing expected billing, collections and working capital movements.
• Translates financial data into clear insights, risks and actions for partners and management.
• Monitors performance against agreed KPIs and follows up on material variances.
• Builds strong working relationships with partners, fee earners, Finance teams and other business services stakeholders.
• Conducts regular working capital and revenue reviews with relevant practice groups and stakeholders.
• Constructively challenges delays, poor practices and missed commitments relating to time recording, billing and collections.
• Promotes accountability and consistent financial discipline across the firm.

Jobbeschreibung

Bowmans seeks a Working Capital Manager to lead the end-to-end working capital cycle, including WIP, billing, accounts receivable and collections. You will influence senior stakeholders and drive process discipline across time recording, billing and revenue streams.

The role requires 8+ years in working capital or related fields, preferably in a professional services environment, with leadership experience and relevant finance qualifications. Elite 3E exposure is advantageous.