Job Description
We are looking for an experienced Revenue Co-ordinator to join the Finance team in either our Bristol or Swindon office. This commercial role is working as part of the Working Capital team to drive processes within the business by maximising value through billing of Work Done (WIP – Work in Progress). Interaction with fee earners and clients is at the heart of this role, it therefore requires someone with exceptional interpersonal skills who can build strong working relationships at all levels, along with the ability to deliver results.
Key responsibilities:
- Building relationships with key clients & stakeholders to agree regular billing cycles
- Ensuring consistency and effective time management is promoted, from strong time recording to billing and collection of debt
- Supporting fee earners with bi-annual WIP valuations
- Assisting with client pricing updates - where the scope of work changes
- Gain complete transparency of WIP to enable the creation of a billing
- pipeline, including expected recovery rates, methods of payment and attaching appropriate WIP status.
- Identifying and escalating issues early in the cycle, to the Working Capital Manager, that may affect profitability, liquidity or attach risk.
- Assisting with the production of lock-up reports and other financial insights as required by the Working Capital Manager.
- Review of matters where no WIP has been recorded for over 6 months with a view of supporting the legal teams in closing of files.
- Reviewing monthly non-billable WIP with a view to writing off when required.
- Responsibility of ensuring that all suspended time is processed to the ledgers in a timely manner.
- Assisting the Working Capital Manager with optimising the speed of revenue and cash collections as required.
What we’re looking for:
- Previous experience in a similar role in a Professional services environment.
- Strong interpersonal skills within a finance background.
- Knowledge or a strong understanding of:
- Work In Progress Management
- Basic knowledge of SAR and VAT
- Key performance indicators
- Use of IT packages
- Good stakeholder management skills.
- Commercially aware with a solution focused approach.
- Professional at all times and promotes a high level client service
Working hours & location:
This is a hybrid role, based in either our Bristol or Swindon office 3 days a week. Occasional travel to our other offices in Bath, Ross-on-Wye, Lydney, Romsey and London will be required.
It’s a full-time position, 35 hours per week, Monday to Friday.
About us:
Thrings is a Top 200 Law firm, with offices in London, Bristol, Bath, Swindon, Romsey and the Wye Valley.
By joining Thrings you are joining a supportive and well-respected firm. You can expect that you will be able to work between home and the office and we also offer a great working environment, with hot desking available for when you’re in the office and plenty of social/networking events to get involved with!
As a law firm, we support our clients by providing a variety of advice, across several different industries. We are proud of the reputation we have built to date, both externally with our clients and referrers, as well as the inclusive culture and working environment we have across all our offices.
What we can offer:
In return for your hard work, you can expect a competitive salary and a variety of benefits that can be tailored around the requirements for you and your family, including Private Medical Insurance, Dental Insurance, Health checks and much more.
We are an equal opportunities employer and welcome applications from all suitably qualified persons regardless of their race, sex, disability, religion/belief, sexual orientation or age.