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Financial Services Billing Specialist
2 months ago
Ashurst is a leading global law firm with a rich history and a commitment to excellence. Our in-depth understanding of our clients and our commitment to providing exceptional service have made us a trusted adviser to local and global corporates, financial institutions, and governments in all areas of commercial law.
Key Responsibilities- Monitor and support timely billing of work-in-progress (WIP) for the supply of legal services, with a focus on reducing unbilled WIP levels, aged WIP, and potential losses.
- Attend regular WIP review meetings with partners and secretaries to understand WIP balances and agree on appropriate billing actions.
- Review aged WIP, missed billing targets, high WIP/lockup days, and coordinate escalations.
- Monitor and complete billing forecasts/estimates and drive quality billing against target.
- Support complex billing and E-Billing challenges.
- Coordinate reviews and billing pledges, update billing status for key matters/clients.
- Identify matters requiring escalation to achieve billing action and relay information to the WIP Management manager.
- Analyze Practice WIP ledgers to identify priorities and risks.
- Prepare reports for major client accounts, partners, or clients as requested.
Ensure that all activities and duties are carried out in full compliance with our regulatory requirements and internal policies.
Previous experience working in a similar WIP management or billing role, preferably in a legal or professional services environment, is required. Demonstrated knowledge of WIP processes, reporting, and risk management is essential. Experience of working in a law firm is an advantage but not essential. A team player with intermediate to advanced skills in Excel and Outlook is required.
