Financial Controller for HealthTech startup managing daily financial operations. Implementing workflows and establishing financial infrastructure in a scale - up environment.
About the role
- Revenue Controller responsible for managing working capital performance within a purpose-driven law firm. Collaborating with partners to improve financial metrics and ensuring timely billing and recovery processes.
Responsibilities
- Meet partners and fee-earners to review unbilled WIP, disbursements, and outstanding bills; agree actions.
- Monitor WIP build-up, follow up proactively, escalate to Finance Director when needed.
- Ensure timely billing and follow-up on unpaid bills, recording in the practice management system.
- Collaborate with clients and external contacts to confirm invoice payments, resolve queries, and enforce commitments.
- Provide fee-earners with client file details for legal proceedings; challenge unplanned write-offs constructively.
- Maintain accurate records of WIP interactions with partners and clients.
- Review significant client exposures with Working Capital Manager to minimize risk and reduce lock-up.
- Identify trends to improve recovery and lock-up; report and suggest actions to Heads of Departments and Practice Management.
- Support Finance team on month-end activities, including time write-offs.
- Work with Risk & Compliance and Commercial Finance to align engagement terms with working capital goals.
- Assist with financial administration of matter files (time revaluation, WIP transfers, write-offs, reconciliations, statements).
- Contribute to Working Capital projects (unsent bill reporting, monthly analysis).
- Assist annual audit on bad debt provision and WIP valuation.
- Collaborate with Commercial Finance on pricing, discounts, and client exposure management.
- Stay updated on regulatory standards (UK VAT, Solicitors Accounts Rules).
Requirements
- Experience managing working capital and improving cash flow through collaboration with partners and fee earners.
- Proficient in Word and Excel; experience with legal practice management systems and billing processes (VAT knowledge preferred, but not essential).
- At least 2 years' experience in a similar role (legal or accountancy experience desirable).
- Strong commercial acumen, excellent analytical skills, and attention to detail.
- Resilient, highly organized, proactive, and able to manage multiple projects.
- Confident communicator with a passion for client service and relationship-building.
Benefits
- **Impact-Driven Purpose:** We align profit with social purpose to create lasting positive impact for our people, communities, and planet.
- **Committed to the Climate: **Through our Climate & Nature Group, we reduce environmental impact and drive a just transition to net zero.
- **Championing Inclusion:** We foster a diverse, inclusive culture where creativity and innovation thrive.
- **Flexible and Hybrid Working: **Our hybrid model supports balance, with part-time options and at least two office days weekly.****Progressive Benefits: **We offer sustainable pensions, IVF support, private healthcare, and more for your well-being and growth.****At Bates Wells, equity, diversity, and inclusion are part of who we are and how we work. As a B Corp and purpose-driven law firm, we’re committed to building a workplace that is fair, inclusive, and representative of all.
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