Ashurst Perkins Coie
WIP Analyst
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Description
At Ashurst Perkins Coie, we're helping shape the future economy. With a global team of more than 3,500 legal professionals across 52 offices, we partner with leading organisations to solve complex challenges across a diverse range of industries, with a distinct strength in technology, energy & infrastructure, and financial services. Our people work on market-leading matters that drive innovation, growth, and transformation around the world. For Ashurst Perkins Coie, innovation is our tradition.
What makes Ashurst Perkins Coie a great place to work?
- Flexible work options - part-time, working from home and additional leave
- Health and wellbeing benefits, gym membership, and discounted corporate health plans
- Career advancement - client secondment opportunities, global opportunities, and award-winning Learning & Development programs
The Opportunity
WIP Management is part of the firm's global Working Capital team based in Australia and the UK.
The WIP Analyst role involves managing and monitoring Partner WIP review activity for a selection of practice groups. The successful candidate will monitor and support timely billing of WIP for the supply of legal services, with a view to reducing unbilled WIP levels, aged WIP and potential losses.
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Key responsibilities of the role include:
- A key focus of the role will be to identify key roadblocks through regular WIP reviews, ensuring root causes are resolved, completing billing forecasts and driving quality billing against target. The WIP Analyst will regularly liaise with relevant Partners, business managers and finance managers to discuss progress.
- Establish and maintain relationships across the business with Partners, PE's, Finance/Business Mangers and the wider BSC Working Capital teams.
- Conduct regular, proactive WIP balance follow-ups on a monthly cycle, ensuring comments, RAG statuses, and values accurately reflect current activity.
- Ask "tailored questions" based on matter information to ensure the right data is obtained.
- Reduce aged WIP by identifying and resolving billing blockages; review smaller aged balances with a view to billing or writing off.
- Encourage earlier submission of bills throughout the month. Promote interim billing on longer-running matters to maintain healthy WIP levels.
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This is a full-time role on a Permanent basis, based in our Glasgow office with hybrid working.
More information can be found in the job description attached to the role on our careers site Careers | Ashurst Perkins Coie
About you
- Previous experience working in a similar Working Capital role, preferably in a legal or professional services environment.
- Experience of working in a law firm advantageous but not essential.
- Excellent attention to detail.
- Working knowledge of 3E practice management system or similar practice management system.
- Ability to liaise at all levels and build strong relations with internal clients.
- Ability to negotiate suitable outcomes and possess practical problem-solving skills.
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