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About the Role

Fox Williams offers a unique opportunity to advance your career in a personable, progressive, and entrepreneurial environment. The main purpose of this role is to support the implementation, maintenance, and continuous improvement of the firm’s WIP management and credit control procedures, helping to minimise exposure and maximise cash collection.

Responsibilities

• Assist with the monitoring and management of WIP, including identifying aged or high-risk balances and escalating matters in line with agreed procedures.
• Support procedures for reducing aged WIP and improving WIP conversion, including escalations.
• Assist with cash forecasting by providing accurate commentary on expected receipts, risks and barriers to collection.
• Monitor residual client account balances outstanding alongside bills, making recommendations to apply, hold or return funds to Partners or the Senior Credit Controller as appropriate.
• Promote vigilance and cooperation across the firm in relation to WIP, debt and overall exposure management.
• 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 for review by the Senior Credit Controller, ensuring management are kept appraised of WIP, debt and working capital issues.
• Perform ad hoc 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 write offs where appropriate to the Senior Credit Controller.

Requirements

• Experience of Credit Control within a law firm is essential.
• Demonstrate achievements in all key credit control tasks.
• Basic knowledge of how to utilize artificial intelligence platforms.
• Excellent communication skills and ability to deal with internal and external clients at all levels.
• Able to work independently and collaborate with the Senior Credit Controller.
• Proactive and systematic approach; ability to identify trends and risks with recommendations of next steps.
• Excellent negotiation and communication skills.
• Strong relationship management skills, with the ability to influence Partners and Fee Earners.

Skills

• Credit Control
• WIP management
• Cash collection
• Cash forecasting
• Debt collection
• Account reconciliation
• Client analysis
• Artificial intelligence platforms
• Communication
• Negotiation
• Relationship management
• Influencing

About the Company

• Fox Williams offers a personable, progressive, and entrepreneurial environment.
• Our people and culture are important to us and central to everything we do.
• We continually strive to create and maintain a friendly and supportive environment for our staff.
• We are recognised for our strong culture and investing in our people.
• We are equally well known for our high-profile matters, quality of our work and solving our clients’ most complex legal issues.