Revenue Coordinator
Bristol (hybrid)
£30k p.a
Our client, a top law firm, has an exciting opportunity for a Revenue Co-ordinator to join their Finance team!
The role:
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).
- 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.
Key skills/experience:
- Strong interpersonal skills within a finance background.
- Basic knowledge of SAR and VAT/
- Good stakeholder management skills.