Working Capital/Credit Manager - City Law Firm - £65,000-£70,000

Recruiter
Location
Moorgate
Salary
£65-70,000
Posted
21 Sep 2020
Closes
30 Sep 2020
Job Title
Accountant
Category
Legal
Contract Type
Permanent
Hours
Full Time
Fantastic new role reporting into the firms Director of Finance, you'll be handling a varied mix of responsibilities centring around the management of their Credit Control and Working Capital needs and supervising their UK and Overseas Credit Control teams. Responsibilities will include:-

· Arranging lock up meetings between board members and selected partners, providing all relevant information & reports

· Regular meetings with the credit control team members to review progress and discuss collection plans going forward.

· Liaising with management regarding cash flow and setting monthly collection targets and then monitoring collections throughout the month

· Providing guidance to the team on which areas to target to maximise collection efforts

· Calculation of volume discounts. Production and allocation of resulting credit notes

· Production of quarterly bad debt provision information. Review of all debts more than 6 months old with preparation of comprehensive report detailing the collection position of each invoice.

· Coordinate production of monthly debtor's report covering aged debt, lock up by partner, department, team

· Providing clear and correct information to departmental heads and finance & administrations partners on request

· Assistance and guidance to team members and fee earners with VAT and client queries.

· Ongoing review and operation of 3E credit control processes and procedures to ensure it continues to offer an adequate level of assistance to collection team.

To apply, you'll need 5 years + experience in the Finance Team of a law firm and ideally have experience of using Elite 3E.