Revenue Controller - London, United Kingdom - Reed Accountancy

Reed Accountancy

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Revenue Controller

Salary:
£45,000
My client are a boutique legal firm based near Charing Cross.

Key Responsibilities and Deliverables

Supporting a team of Partners and splitting time between sitting in Finance or with the specific legal practice groups to liaise directly with the Partners and lawyers and taking responsibility for their billing and credit control requirements, and closelymonitoring billing and cash collection budgets and targets.
Dealing with a large portfolio of clients and liaising with them on a daily basis regarding their debts predominantly via telephone. Updating the firm's credit control system (ARCS) for action tasks, reminders, follow up notes etc.
Reviewing daily bank statements and TT payments to ensure funds are allocated to the correct matters.
Administering payments by credit/debit card.
Arranging and attending monthly meetings with Partners to review WIP and debtors to agree a course of action and followup to ensure completion in the agreed timescales.
Overseeing the billing for a client, ensuring that bills are prepared and despatched promptly and feeding back on progress.
Dealing with all aspects of client queries regarding invoiced fees and any detailed information that may be required. Ensuring queries are dealt with promptly, escalated and followedup with Partners/Department Management Partners.
Preparing debt reporting statements and liaising with cashier teams on cheque and bank transfers. Ensuring money in client account designated for bills is monitored and transferred swiftly to office account in accordance with SAR rules.
Posting eBills in accordance with the specific requirements of the various portals.
Liaising with clients and lawyers to resolve queries to ensure that bills are paid within payment terms.
Yearend WIP valuations This would involve meeting Partners to carry out the detailed year end exercise to establish net recoverable value for WIP on each matter and recording information in excel spreadsheet.

Key Requirements

Excellent communication and persuasion skills and ability to liaise effectively at all levels.
Confidence and the ability to place pressure tactfully on individuals and companies who owe money.
Strong customer service/stakeholders management experience.
Excellent organisational skills.
Excellent numeracy skills and ability to reconcile accurately.
Flexible to the requirements of the role and an adaptable approach when required.
Good computer skills knowledge of Aderant systems would be desirable; competent in Microsoft Office including Excel and Word