This corporate law firm is one of the best firms in London. They attract clients that includes some of the worlds most successful businesses and well-known high net worth individuals. They currently have around 400 fee earning staff.
They are now looking to hire Revenue Manager. The Senior Revenue Manager is responsible for overseeing all revenue management and credit control activities. They will be an integral member of the finance management team and will act as a business partner to the firm’s Partners and fee earners with the principle objective of optimising revenue and speed of cash collection.
Responsibilities
- Identify and develop solutions for service enhancements aimed at reducing lockup days, and establish clear targets against which progress towards this objective can be measured;
- Have experience in understanding of rate structures and alternative billing arrangements;
- Play a leading role within the wider finance management team, contributing to strategy development, driving operational decision-making, and influencing key discussions across the function; and
- Meet regularly with the Managing Partner to provide insights and analysis on working capital management.
- Provide strong leadership and have full responsibility for development and performance of the Finance Revenue team and ensure targets for lockup day reductions are devolved to the team;
- Prepare monthly billing and collections forecasts and ensure the firm meets these targets;
- Responsible for all activities related to WIP management, client billing and collections and agree controls and metrics to balance workload across the team and to demonstrate process effectiveness;
- Ensure the Finance Revenue team are meeting and participating in wider finance department objectives, initiatives and upholding best practice.
- Maintain good relationships with Partners, especially practice area heads and ensure each practice area is well supported by a dedicated member from the Finance Revenue team.
- Agree enhanced internal processes to support any complex billing needs for our top clients; and
- Develop relationships with client Partners (internally) and clients’ finance professionals (externally) to ensure speedier processing of bills and collection of money from our Top 30 clients.
Candidate Profile
- Significant experience in management and operational role;
- Promotes best practice and procedures;
- Analytical with good attention to detail and prioritisation skills;
- Assists others with problem solving by breaking them down and sharing business insights; and
- Ensures that the technical advice is given with a commercial approach.
- Highly developed leadership and management skills, with the ability to create a sense of togetherness and encourages the contribution of ideas to improve the policies, processes and the working environment;
- Adapts management style to the needs of the team;
- Assesses demands and organises resources in order to meet the needs of the business; and
- Collaborative and solution orientated, with a can-do attitude.
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 permanent vacancy on behalf of one of its clients.
