Working Capital Controller

Allen & Overy is a leading international legal practice with a truly global presence. We are renowned for the high quality of our banking, corporate, international capital markets and litigation advice, and also have major strengths in areas such as employment and benefits, real estate and tax.
- Our deals and cases often make headline business news and we work with a large number of the top corporates, financial institutions and governments. With many of our partners acknowledged as leaders in their fields, and with all our people demonstrating the highest levels of professionalism, we have a reputation for delivering excellence in all that we do.
- We have developed a culture in which difference is positively valued, and our people are free to be themselves. We are in every sense one global team; supportive and collaborative, but also ambitious and driven. Our capacity to combine these qualities and provide a setting in which our people can thrive is what makes us different. Allen & Overy is a leading international legal practice with a truly global presence. We are renowned for the high quality of our banking, corporate, international capital markets and litigation advice, and also have major strengths in areas such as employment and benefits, real estate and tax.
- Our deals and cases often make headline business news and we work with a large number of the top corporates, financial institutions and governments. With many of our partners acknowledged as leaders in their fields, and with all our people demonstrating the highest levels of professionalism, we have a reputation for delivering excellence in all that we do.
- We have developed a culture in which difference is positively valued, and our people are free to be themselves. We are in every sense one global team; supportive and collaborative, but also ambitious and driven. Our capacity to combine these qualities and provide a setting in which our people can thrive is what makes us different.**Department purpose**
With over 450 lawyers worldwide, we have one of the largest and most international teams of capital markets lawyers of any global law firm.
- Our capital markets practice covers the full range of capital markets products and incorporates specialists in debt and equity capital markets, derivatives and structured finance, securitisation, corporate trust and agency and high yield.
- Few practices can match our award-winning, top tier position across the full range of capital market products. With such a deep bench of specialists and global reach, international and industry, leading 'first-of-a-kind' transactions are our hallmark. We have been instrumental in nearly all the major developments in the capital markets, starting with the first ever Eurobond issue in the 1960s.
- Integrated into our capital markets practice is a group of U.S. corporate finance lawyers who specialise in U.S. securities law advice, enabling us to advise on U.S. law aspects of transactions anywhere in the world.**Role purpose**
The role is responsible for managing the end to end Working Capital for matters billed out of our Australian Offices, involving but not limited to:

- Managing matters through the inception process ensuring information is accurately reflected in relevant systems
- Billing of legal matters in a timely and efficient manner
- Debt portfolio monitoring and taking appropriate steps as necessary

**Role and responsibilities**

**Receipting**
- Oversee the bank receipting and maintenance of trust account payments and transactions
- Ensure receipting is compliant with Trust Regulation and Firm policy
- Reconciliation of amounts receipted and investigation into any variances

**Matter Inception**
- Oversee the matter inception process
- Work with PAs to ensure matters are opened within system in a timely fashion
- Ensure client rates are setup correctly in system, with reference to Engagement Letter, facilitating correct WIP amounts to be accrued
- Managing the rate change process to ensure correct rates are reflected in system

**Customer Profitability**
- Responding to rates requests in a timely manager
- Working with the Business Development to respond to pitches
- Profitability and scenario modelling for partner requests
- Maintaining profitability & rate models
- Ensure Timekeeper rates are up to date and correct in system
- Managing the annual rates increase process

**Billing**
- Conduct Monthly meetings with Partners and PAs to review current WIP (Work in Progress) & Debtors (Accounts Receivable) ledgers
- Comprehensive follow up of action items from Partner meetings, such as time transfer, time write off, dispatch of billing guides, disbursements, queries etc
- Administering and processing of bills in Elite 3e ensuring time and disbursements are accurately charged and allocated
- Administering and processing of bills for Peerpoint ensuring time and disbursements are accurately charged as per instructions
- Providing analysis of financial inf