Revenue and Credit Controller
Become apart of the Finance team in Singapore as a Revenue and Credit Controller.
The Role
If you are looking for a role with a chance to shape the culture of the Hong Kong offices, this could be the perfect opportunity for you. Working closely with an experienced and professional partner, you will be able to develop your skills and experience and really make a difference as an integral part of the team. While initially a contract, there is an on-going opportunity for the right candidate.
Key Responsibilities
Credit Control & Collections
- Build and maintain effective working relationships with internal and external stakeholders to support the firm’s debt cycle.
- Collaborate with partners to define and execute collection strategies for outstanding invoices.
- Liaise with clients to chase overdue payments, issue statements, and resolve queries via appropriate communication channels.
- Maintain accurate and timely records of collection activity.
- Monitor payment patterns and recommend preventative actions to mitigate risk.
- Identify and escalate potential financial risks to the firm.
- Ensure adherence to firm policies and procedures in all credit control activities, meeting cash collection and debtor day targets.
- Conduct regular reviews of debtor balances to identify potential write-offs.
- Apply commercial judgement to advise on best practices for efficient and effective collections.
Cashiering
- Receive and record client payments, ensuring accurate application to outstanding invoices.
- Maintain schedules for multi-payer invoices for efficient debt chasing and ensure accurate payment allocation.
Billing Operations
- Collaborate with the Matter Teams and the Accounts & Finance team to ensure timely and accurate invoice generation, including verification of client details, matter codes, and billing payor.
- Assist in resolving billing disputes, coordinating with fee earners and clients to clarify and amend invoices.
- Ensure all bills are dispatched in accordance with policy deadlines.
- Support, monitor, and resolve issues related to eBilling processes.
Trust Account
- Post incoming trust accounts funds accurately and in a timely manner.
- Review trust account balances and identify appropriate allocations against outstanding debts.
- Execute bank transfers of Trust account to settle client debts as required.
Reporting & Analysis
- Hold monthly Working Capital meetings with Matter Partners to review WIP for billings and Debt for collections.
Internal Support
- Provide guidance and support to fee earners and PAs on billing and credit control procedures.
Undertake any other ad hoc tasks as required.
Key Skills & Experience Required
- Build and maintain effective working relationships with internal and external stakeholders to support the firm’s debt cycle.
- Collaborate with partners to define and execute collection strategies for outstanding invoices.
- Liaise with clients to chase overdue payments, issue statements, and resolve queries via appropriate communication channels.
Additional information
Kindly note that this job description is not contractual. It will be reviewed periodically and may be amended or altered to meet the needs of the firm.
If you are looking to develop your career working with a leading international law firm, with a high performing and supportive team or if you are looking for a change of setting to enhance what you can offer, then contact us for a confidential discussion by forwarding a cover letter and resumé to SPrecruitment@hfw.com.
HFW aims to ensure equality of opportunity and we are actively working towards improving the diversity of our staff. All applications will be considered only on merit and the applicant’s suitability to meet the requirements of the role.
HFW collects and processes personal data relating to job applicants to manage its recruitment process. The firm is committed to being transparent about how it collects and uses that data and to meeting its data protection obligations. For information on how the firm will process your data, please see our Privacy Notice on our website (www.hfw.com/Privacy-Notice), in the section “What we collect and how we use it”.
About us
HFW is a sector focused global law firm with a focus on construction, shipping, aerospace, commodities, energy and insurance. We have over 600 lawyers working across Australia, Asia, Europe, Middle East and the Americas. With a progressive approach to our roles in commercial business, thinking creatively and pragmatically to support our clients, we are dynamic, entrepreneurial and leaders in our specialist areas.