Pricing Specialist

3 days ago

London, Greater London, United Kingdom Baker & McKenzie Rechtsanwaltsgesellschaft mbH Full time
About the Role

We are seeking a skilled Pricing Specialist to join our team in London. As a Pricing Specialist, you will play a critical role in managing operational aspects of pricing as part of the Quote-to-Cash In-Market Team.

Key Responsibilities
  • Advise and work with billing attorneys, clients, and other finance and Professional & Business Services (PBS) colleagues and teams to execute and implement processes and pricing to ensure correct pricing, rates, and terms are actioned to simplify the overall Q2C process while meeting profitability targets and adherence to Firm policy.
  • Demonstrate an understanding of the many Ebill 3rd Party service providers.
  • Ensure that all financial terms as agreed with the client are reviewed and recorded for use in intake and billing processes, including pricing arrangements, payment terms, and other client-specific requirements.
  • For In-Market supported clients: update timekeeper exception rates and volume discount settings monthly to ensure accurate billing.
  • Work closely with Q2C Business Partners to streamline intake, matter setup, and billing (including e-billing) processes to reduce revenue leakage.
  • Manage the transition of local database and document libraries containing pricing agreements to the Firm's centralized Intake database (Terms) and ensure updated as required going forward.
  • Understand Q2C Business Partner processes and provide support when required.
  • Act as an In-Market steward of the end-to-end Q2C process by understanding all aspects of the relevant processes, policies, and tools.
  • Work towards continuous improvement of Q2C processes including adapting to changes in local regulatory requirements.
  • Support the leadership on firm-wide initiatives and special projects.
Added Value
  • Provide financial-oriented support in the pitch/quote process including profit assessment, quote preparation, and obtaining of data for RFP responses within agreed SLAs and client deadlines.
About the Team

The team is responsible for supporting strategic decision-making from a financial and business perspective, managing cashflow, including accounts payable, credit checks, billing and collections, financial reporting, budgets, and forecasts.

The team is also responsible for Global Pricing, Global Ebilling, Global Pricing Implementation, Service Centres, Intapp Terms and Matter Maintenance.

Personal Qualities
  • Able to move through a variety of tasks requiring different approaches, knowledge, and expertise, with the agility of mind and capacity for analysis and synthesis.
Dedication
  • Driven by a strong personal sense of integrity and upholds exemplary quality standards.
Personal Impact
  • Uses complex, coordinated influencing/negotiation strategies, adapted to people, organizations, and/or the situation, e.g. networks.
  • Invests in, nurtures, and builds a network of productive relationships.

Baker McKenzie is a truly global law firm. We work hard to ensure that everyone knows their role and has the support they need to perform it to the highest standard.

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