Senior Coordinator – Revenue Operations, Bankruptcy

About the role

Latham & Watkins is one of the world’s leading global law firms. The Senior Coordinator – Revenue Operations, Bankruptcy role is based in New York. This role may offer a flexible working schedule.

Responsibilities

• Formulates and provides innovative, commercially focused solutions to improve the management, engagement, and performance of the revenue lifecycle for the relevant office or practice group.
• Manages the revenue lifecycle for a specified group of billing attorneys or matters, ensuring compliance with any related court requirements and strict filing deadlines where applicable.
• Establishes frequent lines of communication with billing attorneys, attorney support, and other key stakeholders to discuss Work-in-Progress (WIP) & Accounts Receivable (AR) and determine the most appropriate course of action to reduce inventory days.
• Maintains compliance of all processes and systems throughout the revenue lifecycle against relevant internal and external regulation and legislation, including Value-Added Tax (VAT), Criminal Finances Act, Solicitor’s Accounts Rules, and Money Laundering regulations, while proactively identifying and mitigating associated risk.
• Mentors Revenue Operations team members to create and maintain a high-quality, punctual service for the office or practice group; maintains regular communication with team members to assist with team development.
• Promotes best practice for matter maintenance to ensure the judicious conversion of WIP to cash, including the accurate opening and timely closure of matters, effective use of Billed on Account (BOA), and the strategic management of inventory; exercises discretion to advise on appropriate write-offs and clearly articulates the financial and business rationale supporting those recommendations.
• Delegates revenue tasks to Attorney Support and Revenue Operations team members, as appropriate.
• Handles production of credit notes, where necessary, and actively monitors the levels of credit notes produced due to imperfect billing, as required.
• Promotes effective work practices, works as a team member, and shows respect for co-workers.

Qualifications

• Possess well-developed and professional interpersonal skills, including strong written and verbal communication skills and the ability to interact with people at all organizational levels.
• Demonstrate the ability to take initiative and work both independently and in a team-leadership capacity with a customer-service focus.
• Show organizational skills to manage time well, prioritize effectively, handle multiple deadlines, and supervise the work of others to ensure compliance and accuracy, while using independent judgment for decision-making.
• A bachelor’s degree or equivalent in accounting or a related field.
• A minimum of two (2) years of experience in accounting.
• A minimum of five (5) years of cumulative professional experience.

Benefits

Successful candidates will be provided with an outstanding career opportunity and welcoming environment, along with a generous total compensation package with bonuses awarded in recognition of both individual and firm performance. Eligible employees can participate in Latham’s comprehensive benefit program which includes:

• Healthcare, life and disability insurance
• A generous 401k plan
• At least 11 paid holidays per year, and a PTO program that accrues 23 days during the first year of employment and grows with tenure
• Well-being programs (e.g. mental health services, mindfulness and resiliency, medical resources, well-being events, and more)
• Professional development programs
• Employee discounts
• Affinity groups, networks, and coalitions for lawyers and staff

Pay

USD $120,000.00 - USD $140,000.00 /Yr.