Revenue Assistant

Location: City of London, London
Contract Type: Permanent
Specialisation: Finance & Accounting
Salary: Up to £25000 per annum
REF: BBBH223925_1531498679

The Role: Revenue Assistant

The Opportunity: As Revenue assistant, you will assist the revenue controllers to review WIP and reduce debtor days. You will pro-actively support revenue controllers, the collections team and matter partners to help meet targets and identify opportunities to reduce working capital.

The Firm: Leading London law firm with an outstanding reputation

Key responsibilities:

  • The production of draft bills for fee earners, the finalisation of bills in the accounting system and ensuring bills are despatched in a timely manner. Assisting with drafting related correspondence as required.
  • Regularly reviewing unbilled time and disbursements in order to identify bills to be raised, and supporting efforts to reach billing targets on a monthly basis.
  • Regularly review WIP reports to ensure dead matters are closed and unrecoverable time and disbursements are written off.
  • Ensure the firm's policies and procedures are adhered to, specifically the credit policy, ensuring evidence of approvals are maintained for review by internal audit.
  • Support all initiatives to improve the revenue and billing processes and/or systems as required from time to time.
  • Respond to ad hoc queries from other departments and fee earners in respect of billing and revenue.

 

Skills Needed:

  • Basic revenue experience (a minimum of six months) gained within a legal partnership or LLP environment.
  • Thorough understanding of best practice techniques for managing the revenue cycle.
  • IT literate, with exposure to Excel and a practice management system, ideally Elite 3E.
  • Excellent written and communication skills;
  • Excellent interpersonal skills, with the ability to build strong working relationships at all levels; tactful and diplomatic in pressurised situations.
  • Intellectual credibility and confidence to communicate effectively with staff and clients, providing collaborative support and constructive challenge as appropriate.
  • Highly client focused.
  • Flexible with regards to working hours.