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Revenue Manager

1 month ago

London, Greater London, United Kingdom Career Legal Full time
Job Title: Revenue Manager

Career Legal is seeking a skilled Revenue Manager to join their team. As a Revenue Manager, you will be responsible for managing revenue and credit control for a specified group of partners in the London office, as well as for a small number of key clients globally.

Key Responsibilities:
  • Meet with partners and matter managers on a regular basis to review and discuss all WIP and AR balances, documenting outcomes and following up on agreed actions.
  • Draft and engross invoices ensuring compliance with firm policy and regulatory requirements.
  • Regularly review WIP balances to ensure timely billing and update billing and collections tools with discussions and actions taken.
  • Assist with collections of all accounts receivable for designated partners, utilizing central credit control where necessary.
  • Prepare monthly and quarterly cash collection and billing forecasts for agreed partners in discussion with Finance management and Regional Section Heads.
  • Support the firm's key client program for a designated number of clients by acting as a central point of contact for billing and collection matters, providing regular reporting on financials to Client Accounts Managers and Lead relationship partners.
  • Liaise with other EMEA office finance teams to support revenue and credit control across the region.
  • Maintain a continuous open dialog with partners and clients.
  • Consult with managers/billing partner regarding variations to standard terms, agreement of discounts and rate amendments.
  • Perform regular and ad-hoc reporting and projects for clients, partners, and management.
  • Assist with compliance with the Solicitors' Accounts Rules, in particular the rules surrounding earmarking of funds and residual balances.
  • Ensure VAT and other local taxes are correctly reflected and accounted for.
Requirements:
  • Experience in using Elite, 3E, Aderant, or similar PMS system.
  • Minimum of A Levels or equivalent education essential.
  • Relevant and in-depth revenue control and collections experience (a minimum of 3 years).
  • Law Firm experience is desired but not essential, ideally in a top 20 firm with experience liaising with overseas offices/international clients.
  • Ability to inspire trust and confidence from internal and external clients, in particular Partners.
  • Excellent interpersonal and team working skills, ability to work effectively at all levels within an organization.
  • Knowledge of the Solicitors Accounts Rules and VAT.
  • Computer literate including at least an intermediate knowledge of Word and Excel.