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Senior Revenue Controller

About Us

Stone King is an ambitious and friendly firm specialising in the Business & Social Enterprise, Charity, Education, Faith and Private Client sectors.  Our collaborative culture and core values are intertwined with our ethos of doing the right thing by our clients, communities, and our people. Our passion for the sectors we work in and the purpose-driven work we do with our clients has resulted in SK being recognised as national leaders in our specialist fields across the country.

The Opportunity

We are seeking a Revenue Controller to join our established Finance team on a permanent basis. This role will be a fundamental part of the team and will play a vital role in the continued success of the business. The role has great scope for development and would suit an individual looking to develop their finance career.

The role would suit an individual who is an experienced Revenue Controller or has relevant experience in a similar role that can build upon and develop in this role. Training on our systems and processes will be provided during a supportive and robust induction process.

Reasons to Apply

  • Opportunity to gain invaluable experience across our friendly Finance Team, you’ll have the opportunity to work closely with our specialists across the firm.
  • To be part of an ambitious, collaborative and friendly national firm where our culture and values are at the heart of everything we do. We believe our people are our greatest asset and strive to create the best place to work.
  • Excellent benefits for our people, with a focus on wellbeing and development at the forefront.
  • Hybrid working - Stone King are proud to be signatories of the Mindful Business Charter as part of our commitment to mental health and wellbeing. We want to support all of our people in achieving a healthy work/ life balance and would be happy to speak with prospective candidates about flexible working arrangements.

Key Responsibilities

General duties include, but are not limited to:

  • Action all billing instructions received in required timeframe
  • Review Work in Progress (WIP) balances, focusing on aged WIP
  • Proactively manage own teams WIP and undertake monthly reviews. Identify aged WIP and ascertain why it is not being billed. Identify write-offs, ensuring that all policies and procedures are adhered to.
  • Capture details such as Arrangements (e.g. Fixed Fee, Contingent WIP/ matters or alternative funding arrangements) in line with our Pricing Champion initiatives
  • Ensure accurate data capture, reduced income leakage and improved FE engagement
  • Management of HR Retainers/Bank of Hours
  • Be a focal point within the team for support both in team and to the wider business
  • Keep Working Capital Manager appraised of any issues relating to workload of team
  • Process Improvements
  • Undertake ad hoc responsibilities and projects as required by the Working Capital Manager or Finance Director
  • Facilitate requests from fee-earners for information e.g. reporting on fee levels to specific clients over a  • period of time, and loss on billing reports
  • Establish strong working relationships with all Matter Partners through regular review meetings
  • Ensure that focus is maintained on timely billing in order to meet agreed targets and billing timetables.

Essential

  • Solid, proven experience in a similar role preferably in a legal or professional services
  • environment
  • Excellent knowledge and understanding of Billing & WIP management essential
  • Excellent communication both written and verbal
  • Confident individual with a proactive attitude who can deal effectively with partners and discuss their files
  • Exceptional interpersonal skills, demonstrating professionalism in all dealings
  • Able to prioritise and multi-task particularly when working to tight deadlines
  • A self-starter, able to demonstrate high levels of initiative and motivation, but also work closely with other team members
  • High level of proficiency in Microsoft packages Word, Excel and Outlook, and general familiarity with IT systems
  • Excellent attention to detail
  • Proven ability to provide a customer focused service
  • Excellent, proven organisational skills
  • Adaptable and able to complete tasks without close supervision
  • Able to keep calm under pressure
  • Good team player
  • The flexibility to work outside normal office hours as may be required from time-to-time

Desirable

  • Previous experience working in a law firm would be desirable

Diversity, Equity, and Inclusion

Individual differences are embraced at Stone King, and we strive to create an environment in which people feel supported and able to be themselves. We have a partner-led Diversity, Equity and Inclusion Strategy Group, and a dedicated DE&I Adviser. We are committed to promoting an inclusive working environment that supports the growth and development of all our people, and we welcome applications from candidates of all backgrounds and identities. As part of our continued commitment to an inclusive working environment, we are proud to be part of the Race Fairness Commitment, the Age Friendly Employer Pledge and a Disability Confident Employer.

Stone King are signatories of the Mindful Business Charter as part of our commitment to mental health and wellbeing. We want to support all of our people in achieving a healthy work/ life balance and would be happy to speak with prospective candidates about flexible working arrangements.

As part of our commitment to DE&I, we want our recruitment practices to be as inclusive as possible, which means we will make reasonable adjustments to help you perform to your best, so please let us know if you need us to make any reasonable adjustments during the application or interview process. Our recruitment team are on hand to discuss any reasonable adjustments with candidates and can provide full job details and applications in alternative formats if required. You can contact our recruitment team via email at Recruitment@stoneking.co.uk or 01225 326770.

As a Disability Confident employer, Stone King LLP is committed to offering an interview to any job applicant that declares they have a disability and meets the minimum criteria for the role as defined by the job description and person specification. A full copy of the person specification and job description can be provided by contacting our Recruitment team.  In some recruitment situations such as high-peak times, we might need to limit the overall numbers of interviews we offer. This will include the number of interviews offered to disabled people who meet the minimum criteria. When that happens, we’ll still aim to offer a proportionate number of interviews to disabled applicants.

  • Competitive salary
  • Profit Share Scheme
  • Cycle to work scheme
  • Employee Benefit Platform
  • Private Medical Insurance
  • Life assurance (4 x salary)
  • Pension scheme
  • 28 days holiday (in addition to statutory UK holidays)
  • Additional day allocated for CSR activities per annum

Closing date: 2 April 2025

Adverts normally close at midday on the closing date, however vacancies may close early if sufficient applications have been received. Therefore we would encourage you to submit your application as soon as possible.

Stone King LLP is an equal opportunities employer. We are committed to ensuring equality of opportunity by encouraging all our staff to achieve their full potential and guaranteeing that all employment decisions are taken without reference to irrelevant information or discriminatory practices.

Recruitment agencies – please do not send us unsolicited CVs. If you do so, we reserve the right to contact the candidate directly and your T&Cs will not apply.

#LHybrid

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$60000K
$80000K

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What You Should Know About Senior Revenue Controller, Stone King

At Stone King, we are excited to announce an opening for a Senior Revenue Controller to join our dynamic Finance team. As a reputable firm known for our work in Business, Charity, Education, Faith, and Private Client sectors, this is a unique opportunity to make a real impact. In this role, you will be essential in managing and reviewing the billing of our services, ensuring timely and accurate invoicing while minimizing income leakage. You'll work closely with our specialists, and your proactive approach will help us hone our pricing strategies. We provide extensive training and a robust induction to support your growth within our nurturing environment. We believe our people are our greatest asset, which is why we foster a culture of collaboration and support. You'll not only enjoy competitive benefits but also the opportunity to participate in our hybrid work model, promoting a healthy work-life balance. Whether you’re seasoned in revenue control or have relevant experience in finance, this role is for someone eager to grow and contribute to a firm that values doing the right thing for clients and communities. If you are ready to take the next step in your finance career, we want to hear from you!

Frequently Asked Questions (FAQs) for Senior Revenue Controller Role at Stone King
What are the key responsibilities of the Senior Revenue Controller at Stone King?

As a Senior Revenue Controller at Stone King, your key responsibilities will revolve around managing the billing processes, reviewing Work in Progress (WIP) balances, and ensuring timely invoicing. You will proactively manage your team's WIP, identify aged WIP, and ensure adherence to policies. You’ll capture details on pricing arrangements to improve revenue capture while also building strong relationships with Matter Partners. Process improvement and supporting the Finance Director with ad hoc projects will also be part of your role.

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What experience is required to become a Senior Revenue Controller at Stone King?

To qualify for the Senior Revenue Controller position at Stone King, candidates should have proven experience in a similar role, ideally within a legal or professional services environment. Strong knowledge of billing practices and WIP management is essential. Excellent communication skills, both written and verbal, along with a proactive attitude and strong organizational abilities, will support your effectiveness in this role.

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What benefits does Stone King offer for the Senior Revenue Controller position?

The Senior Revenue Controller position at Stone King comes with attractive benefits, including a competitive salary, profit share scheme, private medical insurance, and pension schemes. Additionally, employees enjoy 28 days of holiday, complemented by an extra day allocated for CSR activities. The firm is committed to mental health and well-being, proudly endorsing initiatives like hybrid working and the Mindful Business Charter.

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Is training provided for the Senior Revenue Controller at Stone King?

Yes, at Stone King, all new hires, including the Senior Revenue Controller, receive comprehensive training on our systems and processes. This is part of a supportive induction process aimed at ensuring you have the resources and knowledge needed to thrive in your role. Our collaborative approach enables you to learn from experienced members of the Finance team and grow your skills effectively.

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What is the work culture like at Stone King for a Senior Revenue Controller?

The work culture at Stone King for the Senior Revenue Controller is centered around collaboration, support, and a commitment to doing the right thing. The firm values its people immensely and encourages a friendly environment where individual differences are embraced. We promote flexible working arrangements to ensure a healthy work-life balance, making it an enjoyable place to grow your finance career.

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Common Interview Questions for Senior Revenue Controller
What strategies do you use to manage WIP as a Senior Revenue Controller?

In managing WIP, I prioritize regular reviews and proactive engagement with my team. I believe in identifying aged WIP early and understanding the reasons for any delays. This enables timely actions on billing and reduces income leakage. Communication with partners about their files is key to ensuring that we address issues before they escalate.

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Can you describe your experience with billing and invoicing processes?

My experience with billing processes includes overseeing the entire invoicing workflow from capturing billing instructions to ensuring timely submission. I utilize specific software tools to track invoicing schedules and actively communicate with the finance team and partners. Streamlining processes and providing timely updates to fee-earners has been crucial in my previous roles.

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How do you ensure accuracy in billing and reduce income leakage?

I ensure accuracy in billing by conducting meticulous reviews of all entries and adhering to established policies. Implementing regular check-ins with the team helps catch discrepancies early. I also focus on clear documentation of agreements and arrangements, which prevents misunderstandings that could lead to income leakage, ensuring that all billable hours and expenses are captured correctly.

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What approach do you take when facing tight deadlines?

When facing tight deadlines, I remain calm and organized, prioritizing tasks based on urgency. I rely on effective time management tools to plan ahead and allocate my time efficiently. Keeping open lines of communication with my team allows us to collaborate closely and address any hurdles proactively so that we meet our targets without compromising on quality.

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Explain how you handle disagreements with colleagues, particularly about billing matters.

In handling disagreements, I prioritize respectful communication and understanding differing perspectives. I believe in discussing the matter directly to clarify our positions and seeking a collaborative solution. If necessary, involving a neutral third party can help facilitate a resolution, ensuring that the focus remains on our shared goal of accurate and timely billing.

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What systems are you familiar with that relate to revenue control and billing?

I am proficient in Microsoft Office, particularly Excel for data management and reporting. Additionally, I have experience using various billing and revenue control systems that focus on automating invoicing and tracking receivables. I adapt quickly to new systems, which enables me to streamline processes effectively.

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Describe an instance where you improved a billing process.

In my previous role, I identified that our invoicing process was delayed due to manual entry errors. I implemented a standardized checklist that detailed all necessary steps before sending out invoices. This significantly streamlined our process, reduced errors, and improved our billing cycle by ensuring that all billable work was accounted for promptly.

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How do you prioritize your tasks when managing multiple clients?

I prioritize tasks by assessing the urgency and importance of each client's needs. By maintaining a detailed schedule and regular updates with clients, I allocate my time effectively, ensuring that critical tasks are addressed first. Additionally, I keep an ongoing communication line with clients to set realistic expectations based on timelines.

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What role does communication play in the position of Senior Revenue Controller?

Communication plays a vital role in the Senior Revenue Controller position. It is essential for conveying billing expectations, discussing issues with partners, and ensuring that the team stays updated with any changes. Strong communication skills help build relationships with internal and external stakeholders, fostering an environment of collaboration and clarity.

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What motivates you in a role like Senior Revenue Controller?

What motivates me as a Senior Revenue Controller is the opportunity to contribute to the financial health of the organization while fostering effective team dynamics. I find satisfaction in solving challenges related to billing and revenue management, and being part of a collaborative and supportive environment like Stone King inspires me to strive for excellence in my work.

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Our ethos is based on understanding client’s needs, being good listeners and looking at the big picture. We work together to provide clients with seamless, complementary legal advice covering all aspects of law. This approach has helped us build...

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Full-time, hybrid
DATE POSTED
March 19, 2025

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