Working Capital Controller

I am delighted to be partnered with an established global Law firm in their search for a Working Capital Controller to join their London office. Joining an innovative and global law firm, this is an excellent opportunity in legal finance.

Day duties of the role:

• Prepare and process bills to ensure time and disbursements are accurately charged and allocated.
• Prepare and process e-bills, ensuring accurate charges and allocation, and clear rejected e-bills.
• Thoroughly check bills before sending them to partners and clients.
• Draft narrative in support of bills and prepare monthly and quarterly bills for clients.
• Maintain billing profiles with regular updates to provide accurate estimates.
• Comprehensive follow-up of action items, including time transfer, time write-off, dispatch of billing guides, disbursements, and queries.
• Meet with partners at least monthly to review current matters, ensure pledged bills materialize, and address credit control issues.
• Keep partners and clients informed on a daily/weekly basis about fee accruals.
• Promote and create the use of the Pricing Model, providing support and assistance to partners and associates.
• Provide technical 3E support to Legal PAs if required.
• Liaise with SSC Teams in Belfast (Revenue, eBilling, and Credit Control) and participate in relevant meetings.
• Manage Working Capital Lock Up Days by regularly reviewing WIP and debtor lock-up days, monitoring billing/write-off trigger points, and flagging debtor issues to partners.
• Work closely with partners on credit control issues to unlock debts quickly, influence partners to allow normal debt-chasing processes, and highlight queries or disputes requiring partner intervention.
• Ensure all financial aspects of new matter set-ups are correctly completed.

The right candidate will have:

• Essential experience in a Finance function; working capital experience beneficial.
• Quickly assimilates information and applies key compliance functions (SRA Accounts Rules, sales taxes, VAT).
• Professional, responsive, and effective in building relationships.
• Active team player who supports and engages with others.
• Shares knowledge, provides, and accepts feedback.
• Excellent communicator, listens, and values other opinions.
• Delivers tasks professionally and organized with minimal supervision.
• Able to work under pressure and multitask to meet deadlines.
• Committed to maintaining established processes and systems.
• Experience with legal practice management systems is beneficial.

If you are working in Legal finance and looking for a new role in working capital control, please apply above or email archie.humphreys@ambition.co.uk

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