Revenue Analyst
1 month ago
Revenue Analyst
Permanent
Glasgow City Centre
Hybrid working
Iconic Resourcing are delighted to be partnering again with our clients in Glasgow city centre who take pride in its legacy while maintaining a forward-thinking approach. Embracing innovation and new technologies, it offers an exciting opportunity for individuals looking to be part of a future-focused environment.
A key focus of this role will be to identify key roadblocks through regular WIP reviews, ensure root causes are resolved, complete billing forecasts and drive quality billing against target, with key duties surrounding:
- Establish and maintain relationships across the business with Partners, secretaries and business managers
- Attend regular WIP review meetings with Partners and secretaries to understand the nature of WIP balances and agree on appropriate billing actions
- Review Aged WIP, missed billing targets, high WIP/lockup days and coordinate escalations
- Monitor & complete billing forecasts/estimates and drive quality billing against target
- Support complex billing & E Billing challenges
- Coordinating reviews & billing pledges, update billing status for key matters/Clients
- Review & monitor processing timelines with agreed actions sanctioned by Partner
- Monitor non billable activity across out of scope work, overruns and disbursements
- Monitor WIP write off & write down activity
- Identify matters which require escalation to achieve billing action and relay information to the WIP Management manager
- Analyse the Practice WIP ledgers to identify priorities and risks
- Risk and Control: Ensure that all activities and duties are carried out in full compliance with our regulatory requirements and internal policies
- Maintain and regularly update matter WIP activities in line with established best practice
- Prepare reports for major client accounts, partners or clients as requested
- Prepare and send WIP management related correspondence to internal clients
- Support WIP Review & pre billing processing, where required
- Attend WIP portfolio review meetings with WIP Management Manager to discuss outstanding issues
- Review Practice billing & reversal activity highlighting root causes
To be successful in this role, the following experience is required:
- Previous experience in WIP management or Billing roles, ideally in legal or professional services sectors
- Demonstrated knowledge of WIP processes, reporting, and risk management
- Experience in a law firm is advantageous but not required
- Strong attention to detail
- Ability to communicate effectively and build relationships across all levels of the organisation.
- Proficiency in negotiation and practical problem-solving
- Capable of working under tight deadlines and pressure
- Organised and methodical work approach
- Team player with a cooperative and flexible attitude
- Track record of meeting targets and deadlines, both individually and as part of a team
- Proactive and self-motivated
- Understanding of SRA regulations is preferred
- Comfortable working with Enterprise IT systems, preferably ERPs like Elite 3e
Offering a competitive base salary, great benefits, a hybrid working model & a fantastic, supportive team environment.
Please get in touch with Emma Ritchie at Iconic Resourcing Ltd. for a confidential discussion.
At Iconic Resourcing, we understand that not all candidates will meet every single desired qualification or skill for the job positions posted on behalf of our clients. However, if you believe that you can add value to the role despite your experience looking a little different from what we've identified, we would be thrilled to learn more about you.
Iconic Resourcing are committed to partnering with clients who share our values of inclusivity and diversity. We work with many businesses that recognise the importance of creating a welcoming and respectful workplace for all employees. As an equal opportunities employer, we treat all applications fairly and equally. We act as both an employment business and an employment agency and are happy to accommodate any reasonable adjustments required. To view all of our Iconic Jobs across Scotland, please visit our website.
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