Revenue Controller

Region EMEA Practice group Global Operations Office London Position type Permanent Summary About Eversheds Sutherland Eversheds Sutherland is not your average law firm and we're not looking for average people. We do things differently - in the way we treat our people and the service we provide. That's how we've become one of the largest law firms in the world and a great place to work and develop your career. You would be joining a team providing world class financial services to our business. You'll be someone who wants to be the best at what they do; who can handle pressure and enjoys making decisions that will have a real impact on our business. Our firm is all about teamwork and you would be a crucial part of that team - you'll find the work stimulating, the atmosphere dynamic and the results highly satisfying. The role of the Revenue Controller is to drive the end to end process of a matter from time recording through to billing focusing on both financial controls and service delivery support. The role covers four elements; Billing enabling, Controls, Reports and Service delivery. Revenue Control Support all practice Groups This role is for an experienced Revenue Controller who is flexible in their approach and will provide exposure to all Practice Group areas and International Regions. This role will be pivotal in supporting transformation and is ideal for someone with a keen hands on, can do approach, who is ready to support and help drive a change culture in a global law firm. Billing Enabling It is the task of the Revenue controller to enable the business to bills as efficiently and quickly as possible. The RC will be expected to work with both their designated legal teams and financial teams providing information and monitoring, time, WIP and potential billing risks and opportunities. The Revenue Controller must be confident, knowledgeable and assertive in a positive way when dealing with all stakeholders. - Obtaining WIP information from lawyers and conducting WIP meetings with all partners, and lawyers where necessary. Updating tracking spreadsheet to record promised bills. - Identifying and chasing up aging orphaned disbursements, measure is total value of orphaned disbursements, by team/practice group monitored on a quarterly basis. - Ensuring the system is updated with comments (WIP Notes) in accordance with agreed de-minims limit - Chase for authorisation and monitor progress of bills through the Elite system progress of large bills, key bills or complex - Chase late bills before month end closure, - Ensuring all WIP held over 6 months old is chargeable with a good reason as to why it should remain - Ensure protocols are followed by teams for centrally billed clients - Assistance with the reconciliation of detailed entries in client account, when approached. - Supply calculations and correct terminology for internal reworks - Encourage billing to be produced earlier in the month - Ensure prompt and accurate production and editing of all pre bills. Ensuring they comply with relevant Vat and SAR’s - Request Bill/Transfer and Write off requests to the billing team, Liaising with billing in respect of bills requested and write offs, time/disbs transfers Controls The role of revenue control is to enable the business to maximise potential utilisation and WIP & disbursement conversion, by running control reports which will indicate areas of risk. The RC is expected to use these control reports to advise legal teams and finance of areas risk and provide advice as to how to maintain file hygiene. - Review files with WIP balance where no time has been recorded for 5 months in period 5 & 11. - Drive the assessment of recoverability of WIP with the STKs during the audits. - Provide information on Client to disbursement transfer possibilities - Run controls for On hold timecards - suspended WIP and investigate and resolve. - Complete and distribute the missing time report for teams responsible and chase individuals - Monitor time recording on a weekly basis to ensure that it is complete and closed down daily where possible and that holiday time has been completed, either in advance or by the relevant secretary. - Monitor and drive down open time by liaising with office managers, fee-earners and secretaries to ensure prompt closure prior to risk of purging; - If time has been purged, bring this time to fee-earners attention and arrange for it to be reinstated as soon as a matter number is available; - Review time that has been purged time > 5 hours by speaking and challenging relevant fee earners and escalating as part of the monthly process - Check secondments are correctly set up and time recording adheres to the secondment policy; - Ensure correct codification of WIP - Cleanse non billable matter regularly monthly to ensure financial hygiene - Review matters under HoD department codes. - Review credit WIP (Anticipated time) - Assist in the provision of information for audit letters in li