Business Revenue Assistant
The role
We are looking for a Business Revenue Assistant to join our Finance team reporting in to the Business and Operations Manager . The Business Revenue Assistant will work with fee earners in efficiently managing the firm’s lock up i.e. the WIP and Debtors. Working alongside and supporting the Business Revenue Controller.
The Business Revenue Assistant will have monthly meetings with the Fee Earners on their individual lock-up, working with them to maximise monthly/timely billing and cash collection, highlighting areas of exposure for the Firm.
Role responsibility
- Preparing a monthly schedule for the Business Revenue Controller providing a summary on all WIP and Debtors with commentary on the progress of those Clients/Matters
- Arranging and managing monthly meetings with Fee Earners on their WIP and Debt. Reporting to the Business Revenue Controller and Business and Operations Manager on progress.
- Escalating to the Business and Operations Manager and Team Leaders any issues with clients and matters where a progress has been made on WIP and Debtors
- Monthly review of the department's realisation rates for each fee earner investigating where rates are below the firm's target.
- Ensuring all suspense and missing time is chased and submitted in a timely manner, in conjunction with the Billing Team
- Distributing Partners’ WIP reports as requested and dealing with or delegating queries
- Dealing with monies held on client account and arranging for secretaries or Fee Earners to obtain approval to pay outstanding debts where possible. This will also involve working with the cashiers on maximising ‘Client to Office’ transfers in settlement of client debt
- Updating system notes in relation to debtor updates and issues around WIP
- Being pro-active to ensure meetings with fee earners take place regularly at the required times. For some Fee Earners, persistence will be a necessity and the individual should demonstrate resilience in overcoming obstacles.
- Being prepared to contact clients if agreed with the fee earner, particularly around collecting debt
About you
Ideally you will be able to demonstrate;
- Experience in working in a legal or professional services environment in a similar role
- Familiarity with using credit control systems in particular ARCS
- Familiarity with Elite 3E (accounting system), having had previous experience using it
- The ability to maintain strong relationships with stakeholders
- Strong organisational skills with the ability to manage your own workload in a deadline driven environment
- Excellent communication skills
- Confidence in dealing with fee earners and Partners
Benefits
- Competitive salary
- 25 days annual holiday
- Permanent Health Insurance
- Life Assurance
- Interest free Season Ticket Loan
- Private Healthcare
- Pension Scheme
- Staff Introductory Scheme
- Employee Assistance Programme
About us
We are a London based, full-service law firm, specialising in providing straightforward advice to entrepreneurial businesses and individuals on domestic and international matters.
We have grown substantially in recent years, including two mergers and an office move. We’ve also matured in terms of our approach to providing advice to our clients, seeking to simplify and improve the experience of working with a modern, independent law firm.
We’re proud of our journey. Without losing sight of where we’ve come from, we are focused on where we’re going. We are evolving and growing every day. And just like our clients, we are ambitious and moving forward. Many of our clients are entrepreneurial, ambitious enterprises who are often privately or family owned, or private equity backed. We are one of the only London based law firms with a large private wealth offering alongside significant business law capability.
The firm also advises major corporates on particular specialist legal matters who find our straightforward approach a compelling alternative to larger, less personal firms.