We are looking to hire a highly driven Revenue and Cash Management Director to join one of our successful Finance Team in Edinburgh.
We are an enthusiastic team that support each other in order to achieve a great working environment. We value each other’s expertise and opinion and pride ourselves in offering an inclusive, enjoyable and motivating place to work.
The Role
As a Revenue and Cash Management Director at Gilson Gray you’ll be responsible for:
1. Coordinating the debt collection process, liaising with external advisors as required
2. Manage the credit control team on a day-to-day basis agreeing and ensuring delivery of team and individual objectives
3. Conducting monthly WIP meetings with Heads of Department to ensure timely and accurate departmental invoicing
4. Conduct weekly debtor meetings with Heads of Department to manage departmental debts
5. Conducting monthly fee earner WIP, disbursement, debtor and client balance meetings
6. Management of the ‘lock up’ in conjunction with revolving credit facility covenants
7. Engaging with fee earners and partners to improve cash collections and reduce debtor days
8. Working relationship with the Board/ Board members with regular attendance and reporting at Management Board
9. Dealing with a large portfolio of clients and ensuring the credit control team and fee earners liaise with them daily predominantly via telephone regarding unpaid invoices.
10. Providing regular management information to be used at various meetings
11. Ensuring escalation process for challenging, doubtful debts and payment plans
12. Proactively managing the invoicing process and ensure that any adjustments that fee earners have requested are incorporated and any client or matter specific requirements are met
13. Ensuring the credit control processes are adhered to and reported on to Management Board
14. Creating monthly invoices from draft to posting final invoices
15. Dispatching invoices to clients via email or post
16. Issuing credit notes and assisting with refunds of overpayments
17. Managing the write off irrecoverable WIP and disbursements
18. Acknowledging, actioning and resolving queries from both external and internal clients promptly
19. Ensuring compliance with SLCC and SAR rules
20. Adhering to the teams agreed KPI’s
21. Assisting with daily review of the finance team central inbox, credit control inbox and acknowledging queries, resolving queries in a timely fashion, and escalating when necessary
22. Ensuring all documentation is filed in the respective practice and case management systems
23. Assisting in the project delivery of the new case management and practice management systems, nationwide
This list of duties is not exhaustive and offers scope for the successful candidate to continue to evolve and develop the function over time including senior tasks delegated from the Management Board. Attendance at Management Board meetings will be required.
Required Knowledge and Experience
1. Strong academics, degree educated and/or professional accounting qualification
2. Experience in professional services (preferred)
3. Demonstrable experience in a Revenue Control role
4. Working knowledge of a credit control function and billing cycles
5. Good working knowledge of Solicitors Accounts Rules and Law Society rules or willingness to be trained in them
6. Experience of using and implementing PMS
7. Good knowledge of accounting and bookkeeping procedures
8. Good MS Office Skills (Word, Excel and Outlook)
#J-18808-Ljbffr