Revenue Controller

Location: City of London, London
Contract Type: Permanent
Specialisation: Finance & Accounting
Salary: £30000 - £35000 per annum
REF: BBBH241204_1584970843

An international law firm are looking for a Revenue Controller to join their Finance team.This is a new role and my client is looking for someone who has a good understanding of credit control and WIP. This role will involve liaising with Partners, so it is essential that this individual is well communicated.

Key responsibilities:

  • Organising and attending monthly meetings with all partners and fee earners within the designated teams, reviewing and agreeing actions for WIP balances and unpaid invoices.
  • Responsible for reducing and maintaining unpaid debt levels by promptly following up on all agreed chasing actions (via telephone, e-mail and letter) in line with the firm's collections policy.
  • Prompt and accurate production of invoices submitted, ensuring full compliance with all relevant VAT and Solicitor Account Rules.
  • Identifying and escalating potential debt issues to the Revenue Control Supervisor.
  • General matter maintenance including WIP transfers, write offs and amendments to client/matter details.
  • Ensure precise records are posted to the credit control system and the diary function is fully utilised.
  • Analyse unpaid bills held at year end to help calculate the bad debt provision.
  • Preparation of statements and reconciliations for client matters.
  • Processing credit card payments.
  • Dealing with all billing, VAT and debt queries from internal and external clients.

Key requirements:

  • Strong academics including English Language and Maths at GCSE standard or above
  • A minimum of 3 years' experience gained within the Revenue Control, Billing or Credit Control function of a law firm is essential
  • Working knowledge of Aderant and ARCS2G is beneficial.
  • Knowledge of VAT and Solicitors Account Rules
  • A good business understanding and commercial awareness.