Working Capitial Controller

Location: London, England
Contract Type: Permanent
Specialisation: Finance & Accounting
Salary: £30000 - £40000 per annum
REF: BBBH223804_1532429796


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 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!