Utopian Professional Recruitment are excited to be appoint to work in partnership with our Glasgow based client who are looking to recruit a Revenue Analyst on a full time, permanent basis.
This is a brilliant opportunity suited to someone who offers experience working within a similar role from the professional services sector.
Working as part of a wider team, you will manage & monitor Partner WIP review activity for a selection of practice groups.
Monitor & support timely billing of WIP for the supply of legal services, with a view to reducing unbilled WIP levels, aged WIP and potential losses. A key focus will be to identify key roadblocks through regular WIP reviews, ensure root causes are resolved, complete billing forecasts and drive quality billing against target. Regularly liaising with relevant partners, business managers, finance managers to discuss progress.
Your main responsibilities will include:
* Establish and maintain relationships across the business with Partners, secretaries and business managers
* Attend regular WIP review meetings with Partners and secretaries to understand the nature of WIP balances and agree on appropriate billing actions
* Review Aged WIP, missed billing targets, high WIP/lockup days and coordinate escalations
* Monitor & complete billing forecasts/estimates and drive quality billing against target
* Support complex billing & E Billing challenges
* Coordinating reviews & billing pledges, update billing status for key matters/Clients
* Review & monitor processing timelines with agreed actions sanctioned by Partner
* Monitor non billable activity across out of scope work, overruns and disbursements
* Monitor WIP write off & write down activity
* Identify matters which require escalation to achieve billing action and relay information to the WIP Management manager. Analyse the Practice WIP ledgers to identify priorities and risks
* Ensure that all activities and duties are carried out in full compliance with our regulatory requirements and internal policies. Maintain and regularly update matter WIP activities in line with established best practice
* Prepare reports for major client accounts, partners or clients as requested
* Prepare and send WIP management related correspondence to internal clients
* Support WIP Review & pre billing processing, where required
* Attend WIP portfolio review meetings with WIP Management Manager to discuss outstanding issues Review Practice billing & reversal activity highlighting root causes
To be considered for this opportunity we are looking for the following background / experience:
* Previous experience working in a similar WIP management or a Billing role preferably in a legal or professional services environment
* Demonstrated knowledge of WIP processes, reporting, and risk management
* Experience of working in a law firm would be an advantage but not essential
* Excellent attention to detail
* Working knowledge of 3E practice management system or similar practice management system
* Ability to liaise at all levels and build strong relationships with internal clients
* Ability to negotiate suitable outcomes and possess practical problem solving skills
* Ability to work to tight deadlines and under pressure
* An organised and methodical approach to work
* A team player - co-operative and flexible with other team members
* Ability to work to targets and specific deadlines (individual and team)
* High degree of initiative and pro-activity
* Previous knowledge and understanding of SRA regulations
* Intermediate to advanced skills in Excel & Outlook
Reward:
* Hours of Work – Monday to Friday 9-5.30pm (with 2-3 days in our clients’ Glasgow office)
* Salary – Excellent and will be discussed at time of application
* Generous holiday allowance
* Pension
* Private Medical Insurance
* Dental Insurance
* Life Assurance
* Employee Assistance & so much more!
Next Steps:
For further information, please apply by emailing your CV to Utopian Professional Recruitment ASAP.
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Whilst Utopian Professional Recruitment strives to get in touch with all our applicants, it is not always possible. If you have not heard back from us within 5 working days after sending us your CV unfortunately you have not been shortlisted for this position.
Equal Opportunities
Utopian Professional Recruitment is committed to equal opportunities regardless of gender, race, disability, sexual orientation, religion or belief and age.