The Revenue Manager will oversee and drive the management and billing of WIP and collection of cash across the firm. Significant capital balances are locked up in WIP and debtors and need to be properly managed to maximise collection of cash, bad debt provisioning and accuracy of monthly financial results. Additionally, the Revenue Manager will be responsible for overseeing the preparation of invoices with frequent interaction with fee earners of the business. 

Working collaboratively with busy fee earners and wider Finance team, help drive forward improvements to existing procedures and processes.

This role involves but is not limited to:

• Review and manage the level of WIP in the business liaising with relevant fee earners, heads of department and financial management.
• Deliver a high-quality billing and collections process to all fee earners within the business and monitor the effectiveness of the process.
• Deliver timey and accurate reporting on debt, including HoDs, finance leaders and Board level; providing detailed analysis and actionable insight.
• Understand the firm’s billing rules and take responsibility for compliance.
• Manage the billing write off process and ensure any material amounts are brought to the attention of the Head of Financial Operations, Director of Financial Operations and CFO
• Assist with cashflow forecasting for the group.
• Working with IT to configure the financial system reporting and analysis to facilitate strong business controls and procedures.
• Work with the finance systems implementation teams to develop and deliver management reporting on debtors and WIP.
• Complete monthly reconciliation of debtors to control accounts in both 3E and Certinia systems in line with agreed deadlines.
• Manage the Billing and Credit Control teams driving accountability and responsibility through clear ownership of tasks and objectives
• Development of the Billing and Credit Control team so that it can scale with businesses growth plans. Establishing individual development plans, succession planning and recruitment strategies
• Development of end-to-end processes in both WIP and credit management as the business continues to scale.

Requirements:

• Understanding of SRA regulations and regulatory environment(preferred)
• Hold a relevant financial qualification (or be qualified by depth of experience)
• Ability to plan and prioritise, produce high quality work while handling multiple projects
• High levels of accuracy and attention to detail
• Experience working within a billing and credit control environment
• Resilience and ability to challenge appropriately
• Strong finance reconciliation skills
• Good working knowledge of Microsoft packages, with strong Excel skills
• Ability to work under own initiative
• Strong communication skills 
• Ability to multi-task and meet deadlines 
• Continuous improvement mindset

 What is it like working at Taylor Rose?

We don’t just settle for excellence; we Aspire, Integrate, Innovate, and Commit. As Head of Department, you will:

• Lead with Autonomy: Develop and implement the annual department strategy and budget.
• Innovate Systems: Continually refine our processes and leverage the latest legal technology to deliver market-leading client service.
• Mentor Talent: Shape the careers of the next generation of property litigators through proactive training and succession planning.
• Influence Change: Join a dynamic management team where you are empowered to drive mindset changes at all levels of the business. 

In return we offer:

• Competitive salary
• Healthcare Plan
• Hybrid working
• Internal and External Training and Development