The Manchester Working Capital team is responsible forproviding a support service to the Practice groupsin all aspects of the WIP management.
The Role
This role is a key position within a fast-paced Working
Capital Team responsible for managing the Lock Up of the Casualty Practice across a number of teams with varied requirements and processes. The successful candidate will be responsible for managing the WIP portfolio in line with agreed time, lock up and billing targets. Much of the work is high volume and low margin,
requiring careful management and working with some of the
company's key clients and Senior Partners.
Key Responsibilities
Conduct monthly WIP review meetings with Case Handlers/Partners as required.
Take instructions to raise draft bills, write-off time and disbursements, working with the Billing Team to ensure instructions are carried out.
Assist the Working Capital Team withmonitoring the amount of draft bills produced, chase for authorisation
and monitor progress of bills through the 3e system.
Develop strong working relationships with Case Handlers/Partners to understand and support their client billing needs.
Develop working relationships with the wider finance team
and reporting teams to share best practice and improve collaboration.
Maintain audit trail of write-off requests for designated Case Handlers
General matter maintenance - i.e., resolve queries raised
from WIP management reviews.
Provide regular support through preparation of WIP and billing reports for specific clients and teams.
Provide assistance toCase Handlers on matter management issues generally and best practice.
Encourage billing to be produced earlier in the month.
Manage missing timesheets for the relevant areas.
Achieve monthly billing promises from Partners and Case Handlers in line with agreed targets.
Work closely with the Working Capital Team to reduce lock up.
Arrange year-end WIP review for assigned teams.
Any other working capital duties required.
Essential Skills & Experience
Experience and understanding of apportionment (multi-party),
net recovery and joint billing.
An understanding of foreign currency issues
Intermediate/Advanced Excel skills
Understanding of VAT regulations in relation to Solicitor
Client Billing
Strong numeracy skills
Excellent organisational skills
Attention to detail with a high level of accuracy.
Experience of working in the legal environment (desireable)
3e experience is preferred.
Electronic Billing experience would be advantageous however training will be provided.
Benefits
Health
Private medical insurance: Peace of
mind and access to the best care.
Free health checks: Early detection
and prevention.
Dental insurance: Cover for
unexpected emergencies.
Wealth
Pension plan: Save for retirement
with our help.
Life assurance: Financial security
for you and your loved ones.
Income protection: Protect your
income if you can't work.
Enhanced maternity, paternity, and
adoption pay: Support during life's milestones.
Childcare vouchers: Save money on childcare.
Season ticket loan: Reduce your
commute costs.
Lifestyle
Sports club membership: Stay
healthy and active.
Cycle to Work scheme: Commute green
and save money.
Employee Assistance Programme:
Confidential support when you need it.
In-house dry cleaning and online
benefits: Convenience and easy access.
Note: Eligibility for benefits is
dependent on location and length of service. Confirmation will be
provided upon joining.
This is the job description as
constituted at present; however the Firm reserves the right to
reasonably amend it in accordance with the changing needs of the business.
To view the full job description and
download, please click on the link below.