Working Capital Manager
3 days ago
Credit Control Team at Ashurst LLP
Ashurst LLP is a renowned global law firm boasting over two centuries of history. Through our forward-thinking approach, we have successfully integrated innovative technologies into our operations via our NewLaw division, Ashurst Advance, and our consulting arm. Our comprehensive knowledge of clients enables us to serve as trusted advisors to local and global corporates, financial institutions, and governments in the realm of commercial law.
In accordance with regulatory demands and client needs, Ashurst undertakes thorough background checks on staff with their consent and adherence to our legal and regulatory obligations.
Job Title and RoleThe Debt Recovery Specialist is a crucial member of the Global Working Capital team, based in both Australia and the UK. This professional will oversee credit control activities for specific practice groups and national clients. The primary objective is to effectively collect payments owed for the provision of legal services, focusing on reducing debt levels, debt aging, and potential losses.
- Regularly participate in debtor review meetings with Partners and secretaries to comprehend debt nature, agree on collection strategies, and escalate debt issues.
- Analyze debtors' ledgers to determine priorities and risks.
- Identify cases requiring escalation to achieve payment and report to the Credit Control Lead.
- Contribute to the development of monthly cash flow forecasts.
- Regulate and maintain accurate collection data in Elite 3e, adhering to best practices.
- Generate detailed reports for significant client accounts, partners, or clients upon request.
- Dispatch relevant correspondence associated with collections to internal and external clients.
- Attend regular ledger review meetings with the Credit Control Lead to address unresolved matters.
- Guarantee adherence to regulatory requirements and internal policies.
This role is accompanied by an estimated salary range of £45,000 - £60,000 and presents an ideal opportunity for individuals interested in pursuing a career in debt recovery and commercial credit management. By joining Ashurst LLP, you will become part of a highly skilled team focused on providing exceptional service and achieving remarkable results.
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