Founded in 1767, our client is an ambitious City of London law firm known for advising public and privately-owned businesses, financial institutions and wealthy individuals across a range of industries and sectors.
With over 250 years of experience, they combine cutting-edge legal advice with a responsive, partner-led service and pride on the long-term relationships we build with our clients.
They provide high-value expertise in the areas of corporate and capital markets, banking and finance, private wealth, dispute resolution and residential and commercial real estate.
They are now looking for an Credit Controller,
Sitting within the Finance department, the successful candidate will be responsible for the credit control across the firm’s practice groups. The purpose of this role is to use good credit control procedures to reduce aged debt and debt collection days as well as be proactive in building relationships to prevent working capital issues early on.
Responsibilities
- Chasing outstanding debts for practice groups by telephone and email;
- Generation of statements, client letters and partner notifications from our credit control system;
- Recording chase history and agreed payment timescales on the system;
- Organising monthly meetings with partners and fee earners to discuss their outstanding debtors
- Building strong relationships with the partners and fee earners to identify and prevent any early-stage issues with the working capital process.
- Proactively resolving and monitoring any queries raised;
- Analysing, monitoring and reducing debt, with initial focus on the 90day+ debts;
- Responding to correspondence from clients and fee earners;
- Taking payments on the firm’s creditcard
- Adhering to and following guidelines set out in the credit control and Credit force procedures policy; and
- Assisting with other finance tasks, as appropriate, such as client to office transfers, bill postings or accounts payable tasks.
- Undertaking ad hoc projects as directed;
Candidate Profile
- A minimum of 5 GCSEs with Grade B and above in Maths and English (or equivalent);
- At least 2 years in a credit control role, ideally in law firms and in any case within a professional services environment.
- Excellent communicator both written and orally with the ability to communicate at all levels.
- Confident and professional in liaising with clients over the telephone;
- Ability to work with high volumes of information and prioritise action.
- Competent in the use of MS Office, including experience of Microsoft Excel, Word and Outlook.
- An understanding of law firm accounting and the treatment of client monies.
- Experience of using credit control systems (Credit Force preferably); and
- The ability to work to given timeframes and anticipate likely workflows.
Important Notice
It is Career Legal’s policy, as a matter of courtesy, to respond to all applications within three working days. However, because of the volume of applications, we are sometimes unable to respond to individual candidates. If we have not contacted you within three working days your application has been unsuccessful, and your details have not been retained. Please apply for any other position that you may see in the future. Thank you.
Career Legal is a Recruitment Agency and is advertising this vacancy on behalf of one of its clients.
