Taylor Rose is a Top 60 Law firm with a national footprint across the UK. We are committed to developing our employees and to delivering outstanding service to our customers. Our vision is to continue to deliver #smart #modern #law and to embrace and develop our employees through their career.
We work Monday to Friday 9am – 5pm, offering 26 days holiday, plus Bank Holidays, Pension, Company Events and a commitment to Training and Development opportunities. We can offer this position as a hybrid role.
The Revenue Manager will oversee and drive the management and billing of WIP and collection of cash across the firm. Significant capital balances are locked up in WIP and debtors and need to be properly managed to maximise collection of cash, bad debt provisioning and accuracy of monthly financial results. Additionally, the Revenue Manager will be responsible for overseeing the preparation of invoices with frequent interaction with fee earners of the business.
Working collaboratively with busy fee earners and wider Finance team, help drive forward improvements to existing procedures and processes.
Requirements:
* Understanding of SRA regulations and regulatory environment(preferred)
* Hold a relevant financial qualification (or be qualified by depth of experience)
* Ability to plan and prioritise, produce high quality work while handling multiple projects
* High levels of accuracy and attention to detail
* Experience working within a billing and credit control environment
* Resilience and ability to challenge appropriately
* Strong finance reconciliation skills
This role involves but is not limited to:
* Review and manage the level of WIP in the business liaising with relevant fee earners, heads of department and financial management.
* Deliver a high-quality billing and collections process to all fee earners within the business and monitor the effectiveness of the process.
* Deliver timely and accurate reporting on debt, including HoDs, finance leaders and Board level; providing detailed analysis and actionable insight.
* Understand the firm’s billing rules and take responsibility for compliance.
* Manage the billing write off process and ensure any material amounts are brought to the attention of the Head of Financial Operations, Director of Financial Operations and CFO
* Assist with cashflow forecasting for the group.
* Working with IT to configure the financial system reporting and analysis to facilitate strong business controls and procedures.
* Work with the finance systems implementation teams to develop and deliver management reporting on debtors and WIP.
Company Core Values:
* Aspirations: To be the best that you can, motivated to do things better, works smarter not harder, embraces changes, learns form mistakes, takes an interest in the vision of the business
* Integrity: Open and honest, shows respect, admits mistakes, looks at ways to improve and share ideas
* Innovation: Creative and Dynamic, Adaptable to change, seeks ways of doing things better, get involved with work that makes a difference, continuously learns new things for personal development
* Commitment: Relationships for the long-term