Ryder Reid Legal
Credit Controller
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Credit Controller
Permanent | London | Hybrid
Ryder Reid are recruiting for an established Credit Controller with law firm experience, to join our prestigious law firm client. The role focuses on supporting effective WIP oversight and credit control activity, ensuring the firm maintains healthy working capital and strong cashflow.
Key Responsibilities
- Assist with the monitoring and management of WIP, identifying debt and escalating where necessary.
- Assist with cash forecasting by providing accurate commentary on expected receipts, risks and barriers to collection.
- Support procedures to reduce aged WIP.
- Monitor residual client account balances alongside billed amounts, providing informed recommendations on the appropriate treatment of funds.
- Support adherence to the firm’s Standard Debt Collection Process by managing a portfolio of clients and engaging with Fee Earners.
- Populate the firm’s monthly exposure report, keeping management informed of WIP, debt and working capital issues.
- Undertake adhoc account reconciliations, reports and client analysis as required.
- Assist Cashiers with obtaining remittances and advising on allocations.
- Make recommendations for account escalations, including formal debt recovery, settlement or writeoffs.
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Requirements
- Experience of credit control within a law firm.
- Basic knowledge of how to utilise artificial intelligence platforms.
- Excellent communication skills and the ability to deal with senior stakeholders.
- Proactive and systematic approach, with the ability to identify trends and risks and recommend next steps.
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Due to the high volume of applications, we are not able to respond to all enquiries. If you have not received a response within 72 hours, please assume you have not been shortlisted at this stage, however thank you for taking the time to apply.
Ryder Reid Legal is a recruitment specialist. For over thirty years we've been connecting legal talent with many of the leading law firms in London and internationally. Follow our LinkedIn page for the latest vacancies.
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