Billing Coordinator
other jobs Reed
Added before 3 Days
  • England,London,City of London
  • Full Time, Permanent
  • £50,000 - £55,000 per annum, inc benefits
Job Description:
My client a top US law firm are seeking a Billing Coordinator to manage their firm’s billing and revenue functions effectively. This role is crucial in helping the firm achieve its financial targets by providing an efficient and commercially focused service. The ideal candidate will have extensive experience in a large law firm setting, with a strong understanding of VAT, disbursements, and Solicitors Accounts Rules.
*Establish relationships to quickly gain knowledge about clients and matters within the departments.
*Follow up on matters that have concluded or reached the billing stage, ensuring timely responses.
*Manage the revenue aspects for a specified group of Partners and fee earners within the firm.
*Conduct regular reviews of Work In Progress (WIP) and Accounts Receivable (AR) for your group and arrange review meetings with Partners and the group credit controller.
*Hold meetings with Partners and fee earners to discuss WIP & AR, including the credit controller, to determine the most appropriate course of action.
*Ensure the timely processing of bills, checking VAT and numerical calculations on bills, and compliance with VAT and Solicitors Accounts Rules.
*Continue maintenance of the matter comments and reporting for Partners assigned to you.
*Maintain transfers of time/cost and write-offs, and produce credit notes where necessary.
*Regularly analyze client/matter information in relation to archiving.
*Keep Partners and fee earners up-to-date on outstanding matters.
Required Skills & Qualifications:
*Minimum of five years of experience in a legal environment, including exposure to billing, VAT, and disbursements.
*Knowledge of Solicitors Accounts Rules.
*Experience or understanding of billing in a foreign currency and associated issues.
*Proficiency in Microsoft Office, with strong skills in Excel.
*Experience using Elite 3E.
*Well-organized with good writing skills.
*Ability to multi-task and prioritise.
*Efficient workflow management and time utilization.
*Attention to detail and accuracy.
*Ability to work in a high-pressure, fast-paced environment.
*Flexibility to adapt to all work situations and demands as required.
*Availability to work additional hours when necessary.
Benefits:
*Competitive salary and benefits package.
*Opportunities for professional growth and development.
*Supportive team environment.
*Beautiful offices
*Free meals
*8% pension
*Paid overtime
9.30-5.30pm and 4 days in the office
Job number 3457466

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