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Revenue Manager
White & Case LLP New York, NY
$129k-187k (estimate)
Full Time | Business Services 1 Week Ago
Save

White & Case LLP is Hiring a Revenue Manager Near New York, NY

Revenue Manager
Firm Summary
White & Case is an elite global law firm serving leading companies, financial institutions and governments worldwide. Our long history as an international firm means we are perfectly placed to help our clients resolve their most complex legal challenges wherever they may be.
With lawyers and staff operating from more than 47 locations, working in virtually every country of the world, we have invested heavily in building a high-quality full-service practice competing at the top of the market. We are distinguished by our on-the-ground presence in the world's key financial markets and our strengths in handling complex cross-border work.
It's not just about our global network of offices and shared services centers; it's the global interconnectedness of the Firm that our people, and our clients, value most. We work well together across geographic and practice boundaries. It's one of the reasons we attract and retain cross-border work. And why we attract a diverse group of people.
Our lawyers are globally minded, enterprising, collaborative and committed to excellence. Diversity is a core value of our Firm and it has been recognized with numerous awards and top rankings around the world. Our people represent 90 nationalities and speak 80 languages.
Position Summary

The Revenue Manager will be responsible for managing multiple financial related tasks on behalf of an Americas Regional Section.Key priorities will include overseeing the section's billing and revenue generation processes.

A primary focus of the Revenue Manager is to ensure timely and effective cash flow practices are adopted with respect to the Firm's clients, which includes the timely issuance of client invoices and the collection of outstanding accounts receivables.This candidate will work closely with key stakeholders within the Firm, including Partners, Billing Coordinators, Collection Specialists and Senior Management to monitor Firm inventory and achieve monthly billing and collection targets.

The candidate will support the Regional Section Head and individual Partners within the section, with any financial data and analysis as needed.The Revenue Manager will also work on the yearly financial budget, as well as report on monthly budget to actual variances across a number of key performance indicators.

The successful candidate will have exceptional attention to detail, along with strong critical thinking, problem solving and time management skills, with proven success at handling multiple responsibilities in a fast paced environment.

He or she must be comfortable communicating professionally via email, mail, or phone with internal and external stakeholders at various levels of seniority both domestically and internationally.The position is an integral role in helping the Firm convert inventory balances into revenues. Given the importance of the role, the Revenue Manager will be imbedded on the practice floor to work closely with the Partners within the regional section.

Duties and Accountabilities1
  • Responsible for the effectiveness of the Firm's billing and inventory management activities for the Regional Section
  • Oversee WIP, AR and billings for the Regional Section and communicating as necessary with senior management to ensure that balances are managed in accordance with matter arrangements and firm policy
  • Monitor and enforce the timely and accurate inputs of timekeeper diaries to ensure prompt billing
  • Manage and execute on targets set for monthly and/or quarterly billing/collections drives
  • Monitor inventory levels and related exposure on fixed/capped fee matters
  • Work in conjunction with the Financial Compliance group to monitor the opening of new matters to ensure proper billing rates and fee structures are utilized as governed by matter and client fee arrangements.
  • Review rate exceptions and discounts for all clients and matters within the Regional Section; work with pricing team and Billing Partners to update as needed
  • Generate reports for clients, partners, inventory teams, Firm management and other internal parties to track WIP, AR, billings, and other statistics including, client and matter profitability
  • Support the yearly budget process for the practice group, in direct liaison with the Regional Section Head. Key tasks include timekeeper rate setting, headcount analysis and understanding the pipeline of new business.
  • Identify matter management and billing process improvement opportunities and make respective recommendations.
  • Addressing inquiries and resolving disputes from internal and external parties regarding billing activities
  • Supporting internal and external audits
  • Other ad hoc requests and projects, as requested by management
Knowledge
  • Thorough understanding of billing, collections and receivable processes and procedures
  • Excellent interpersonal and team working skills, including the ability to work with all levels within an organization
  • Able to critically think through issues, and articulate thoughts and concepts adeptly
  • Ability to see an issue through from start to finish, while organizing work flow and using time efficiently
  • Ability to anticipate work needs and follow through with minimum direction, follow up on own initiative
  • Exceptional attention to detail, determination, self-motivation and resolve
  • Intermediary knowledge of MS Excel and PowerPoint
  • Knowledge of 3E or Elite Enterprise preferred

Qualifications

  • Bachelor's degree in Finance or Accounting preferred
  • Relevant and in depth experience in revenue management
  • Law Firm experience is essential, ideally in a top 20 firm with experience liaising with overseas offices/international clients

Location & Reporting

  • This is an Exempt role based in New York
  • This role reports to Americas, Director of Finance
The Firm may modify and amend any job description at any time in its sole discretion. Nothing herein creates a contract of employment or otherwise modifies the at-will nature of employment.
1The above is only a general description of the essential duties associated with this position and does not represent an exhaustive or comprehensive list of all duties.

Primary Location:United States-New York
Expected Workplace:Hybrid
Job Posting:Jun 5, 2024, 8:09:17 PM
Salary range for New York market:126,000-173,250US Dollars (USD)Yearly
Salary range in other markets will vary
White & Case is an Equal Employment Opportunity (EEO) employer and is committed to creating a diverse and inclusive workplace. It is our Firm’s policy to recruit, employ, train, compensate and promote without regard to race, color, religion, creed, national origin, age, gender, sexual orientation, marital status, military or veteran status, disability, genetic information, or any other category protected by applicable law.
Applicants who are interested in applying for a position and require an accommodation during the process should contact lateralrecruiting@whitecase.com.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Business Services

SALARY

$129k-187k (estimate)

POST DATE

06/08/2024

EXPIRATION DATE

08/07/2024

WEBSITE

whitecase.com

HEADQUARTERS

MANHATTAN, NY

SIZE

3,000 - 7,500

FOUNDED

1901

CEO

HUGH VERRIER

REVENUE

$200M - $500M

INDUSTRY

Business Services

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The following is the career advancement route for Revenue Manager positions, which can be used as a reference in future career path planning. As a Revenue Manager, it can be promoted into senior positions as a Revenue Cycle Director that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Revenue Manager. You can explore the career advancement for a Revenue Manager below and select your interested title to get hiring information.

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If you are interested in becoming a Revenue Manager, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Revenue Manager for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Revenue Manager job description and responsibilities

A revenue manager uses market data to set pricing or business strategy.

02/15/2022: Anderson, IN

Revenue managers oversee the process of collecting and organizing analytical data related to an organization’s revenue, sales, and other financial activities.

01/25/2022: San Jose, CA

An on-site revenue manager can benefit from firsthand knowledge of the market and activities at the hotel, but, thanks to technology, hotels can leverage the skills of a corporate revenue manager with great results.

02/23/2022: Montgomery, AL

Revenue managers also work closely with the Marketing department to create promotional offers and campaigns.

04/15/2022: San Bernardino, CA

Simply, revenue management means predicting consumer behavior to sell the product at an optimal price every day.

04/03/2022: Philadelphia, PA

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Revenue Manager jobs

Some revenue management jobs may only require an associate’s degree and work experience.

02/19/2022: Fort Myers, FL

Channels are often closely tied to the customer segments that use them, so depending on the product type, a revenue manager can choose a channel and set prices for a particular segment of a target audience.

03/10/2022: Evansville, IN

Using data analysis and predictive analytics.

01/20/2022: Chicago, IL

Channel and overbooking management.

01/22/2022: Amarillo, TX

Without understanding that psychology should be at the center of revenue strategy, a revenue manager can be prone to the “spaghetti method” – throw everything at the wall and see what sticks.

03/03/2022: Sioux City, IA

Step 3: View the best colleges and universities for Revenue Manager.

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