Finance Manager

Why join us?

We are currently recruiting for a Finance Manager reporting into the Head of Finance Operations. The role will form part of the Finance Operations function and will be responsible for driving best practices in WIP conversion, Cash application, Billing and Collections, to improve the firms liquidity.

The core objective of the Finance Manager will be to lead efforts to minimize the time between work performed and cash received, working with existing teams, both in core UK Finance and in the Local Fee earners and support teams, to implement and enforce robust billing/collection processes, and provide strategic insight into revenue cycle improvements. You will be based in Dubai, but the role will be regional, covering the firm’s offices in the region including the UAE and Qatar.

Responsibilities

• Working Capital Management: Monitor cash flow and working capital closely, including overseeing WIP (Work-in-Progress) and accounts receivable. Implement effective strategies to optimize cash flow and liquidity, and enforce cost control measures where necessary
• Billing & Collections: Work closely with the UK Billing team to drive the end-to-end client billing process to ensure invoices are issued promptly and accurately. Drive cash collection and credit control efforts by following up on overdue invoices and resolving client billing issues in a timely manner
• Where necessary deal with the allocation of cash and the production of invoices on the core finance system. This will more regularly be done due to the time differences in the jurisdictions, as opposed to the core function of the role.
• Lead regular WIP and debtor review meetings with the local and central teams to track unbilled work and aged receivables, taking action to expedite billing and collections. Maintaining a proactive approach to managing aged debt and WIP is crucial to the firm’s financial health.
• Where necessary, develop interim billing schedules for long-running matters to avoid delays in invoicing
• Cross-Functional Collaboration: Collaborate closely with the global and regional finance teams to ensure consistency in financial processes, systems usage, and reporting standards. Act as the point of contact for finance matters in Dubai and Qatar, facilitating effective communication between Dubai, Qatar and the headquarters or other regional offices.
• Act as a business partner and trusted adviser to Partners and other senior stakeholders on matters of billing and collections. Collaborate with Partners and fee earners to address persistent payment issues, providing guidance and support to ensure client billing issues are resolved swiftly.
• Budgeting & Forecasting: In partnership with the UK Working Capital Lead team, champion the budgeting and forecasting processes for the Dubai and Qatar office, working closely with department heads and practice groups to develop realistic budgets and financial projections. Continuously monitor performance against these budgets and forecasts, and provide analysis and recommendations for any required adjustments.
• Provide local guidance and day-to-day support for the UK Billing Team, fostering a proactive and results-driven culture between the regions.
• Ensure that the firm’s procedures for invoice issuance, delivery, and follow-up are efficient and uniformly followed across all departments.
• Continuous Improvement & Best Practices: Stay up-to-date with best practices in law firm working capital management and drive continuous improvement in the firm’s processes.
  
  

What will help you succeed in this role?

• Experience working with a busy finance environment - preferably in a Law Firm
• Excellent verbal & written communication
• Proactive / self-starter with positive can do attitude
• Attention to detail & deliver high quality work
• Excellent organisational and time management skills in order to meet targets and deadlines
• A flexible approach to working hours
• Detail oriented approach with significant emphasis on achieving a high quality of work
• Invoicing experience is essential
• Ability to work under pressure in a fast paced dynamic environment
  
  

What we offer

At DWF, we deeply appreciate the significance of offering a comprehensive rewards package that extends beyond a basic salary. Our commitment is to ensure that each member of our team not only feels valued but is also duly rewarded throughout their tenure with us. Upon joining our organisation, you will have the opportunity to select from a diverse array of benefits, allowing you to carefully tailor a package that perfectly aligns with your individual needs and those of your family. In addition to our standard benefits, we offer a wide range of flexible benefits and robust well-being programs.

 

Our recruitment process upholds the highest standards of fairness and engagement. It includes comprehensive interviews and, at times, a written assessment, an assessment day, or presentation. We aim to create a positive experience for all candidates and offer any adjustments or additional support.

About Us

DWF is a global legal business providing Complex, Managed and Connected Services. We empower people to be themselves within an inclusive and supportive environment, enabling everyone to achieve their full potential in line with their abilities and career aspirations.

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