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- Posted 28 August 2024
- Salary£50000 - £57000 per annum
- LocationCity of London
- Job type Permanent
- DisciplineFinance & Accounting
- Reference275710_1724863043
Consultant
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Revenue & Billing Administrator
I am delighted to be partnered with an excellent US Law firm in their search for a Billing and Revenue Administrator to join their London office. The role reports into the finance director and sits in an experienced finance team.
The daily duties of the role:
Billing Management:
- Prepare and distribute pre-bills to partners.
- Process and finalize invoices, ensuring VAT requirements are met.
- Ensure all finalized invoices are sent to clients by partners before month-end.
- Manage e-billing, including client onboarding to the e-billing platform and prompt eBills upload (BillBlast).
- Handle billing-related queries, amendments, transfers, and write-offs.
Credit Control:
- Prepare and send monthly statements to clients.
- Follow up on all invoices over 30 days old.
- Meet and liaise with partners regarding outstanding accounts receivable (A/R).
- Communicate directly with clients about outstanding A/R.
- Handle client audits, bankruptcy, and debt collection proceedings.
Reporting:
- Prepare and maintain detailed quarterly schedules of cash collection estimates.
- Generate and present monthly lockup reports (AR & WIP) with comments to the Billing and Revenue Manager.
- Prepare bad debts and credit note provisions schedules for year-end accounts for the Financial Accountant.
- Create various weekly and monthly reports for local PG leaders on fee earners' time, WIP, and AR.
- Analyze and interpret negative trends in WIP, recommending remedial actions.
- Maintain and update the schedule of charge rates.
- Ensure correct application of charge rates in the billing system.
- Liaise with partners regarding client letters advising rate changes.
The right candidate will have experience in:
- Experience: Minimum of 2 to 3 years' experience in a legal firm (essential).
- Technical Skills: Proficiency in IT, particularly with Excel and Aderant (essential), as well as Aderant Expert Billing & Collections.
- eBilling Systems: Preferable experience with web-based eBilling systems and vendors.
- Interpersonal Skills: Excellent interpersonal skills, capable of building strong working relationships at all levels. Must be tactful and diplomatic, especially in high-pressure situations.
If you meet the requirements of this role, please apply above or email archie.humphreys@ambition.co.uk
If this job isn't quite right for you, but you know someone who would be great at this role, why not take advantage of our referral scheme? We offer £200 in shopping vouchers for every referred candidate who we place in a role. Terms & Conditions Apply. https://www.ambition.co.uk/refer-a-friend