Working Capitial Controller

A top London law firm is looking for a Working capital Controller on a 12-month fixed term contract

You will be part of the Finance Operations Team working proactively with fee-earners to manage WIP and maximize cash receipts on a monthly basis. Also, you will liaise closely with the Cashiers team on billing and debt collection issues.

This is a fantastic opportunity to deepen your experience and knowledge of credit control in a firm with an outstanding reputation

Key responsibilities:

• Meeting with Partners on a timely basis to agree on a strategy to maximize debt collection
• Reporting on progress of collection of > 90-day debt to Finance Committee Group on fortnightly basis;
• Supporting the FOM on the determination of Monthly debt collection targets;
• The proactive chasing of slow paying external clients;
• Proactive contact with clients by telephone, email and via automated letters and statements
• Keeping full account of every action taken to collect debts on the firm's practice management system;
• Dealing with complex credit control related queries (including credit note issues)
• Overseeing use of collection workflow and recommending improvements and enhancements;
• Liaising with the firm's litigation department on debt recovery issues;
• Assisting with pro forma and bill production at month ends;
• Complete the cash flow and weekly receipts report;
• Assist with the completion of a weekly Client exposure report;
• Release Barclays Bank payments using Barclays.net on a rota basis;
• Passing bad debt to an external debt recovery agency

Skills Needed:

• Experience of Credit control within professional services or legal environment necessary
• Knowledge of Elite 3E (Desirable)
• Strong knowledge of VAT regulations and potential issues.
• Enthusiastic and personable attitude, able to communicate clearly and concisely

If this role is of interest, please apply today!