Debt Recovery Executive
Main Purpose of role
This is a full time role on a 12 month fixed term contract. The role can be based in either our Birmingham, Cambridge or Norwich office.
We are looking for someone to undertake the necessary steps to collect sums due to the Firm from clients and others including litigation and enforcement action where necessary and support with credit control generally within the firm. To take instructions for action from the National Service Leaders, Client/Matter Partners via the Credit Controllers and Senior Working Capital Advisor in accordance with the Firm's Working Capital Strategy.Debt Recovery
1.1. Debt and file reviews for the business to advise likelihood of recovery and to agree next steps.
1.2. Drafting seven day letters.
1.3. Preparing documents;
1.4. Preparation of standard and non standard court documents
1.5. Drafting instructions to counsel
1.6. Preparing documents from available precedents
1.7. Assisting in the preparation of reports and updating case management systems
1.8. Witness statements
1.9. Conducting enforcement to include Charging Orders, Order for Sale, Attachment to Earnings, Writ / Warrant of Control and also other forms of recovery action such as application for Oral Assessment and bankruptcy / insolvency.
1.10.Liaising with bailiffs over enforcement
1.13.Researching case law
1.17.Attending hearings, which may involve some travel, and taking notes
1.18.Liaising with Counsel
2.1.To ensure the raising and despatch of statements, bill reminders and non-standard recovery letters for a specific ledger.
2.2. To liaise with fee earners on overdue bills and to carry out agreed actions.
2.3. To use all available means to recover overdue bills with a strong emphasis on telephone chasing.
2.4. To develop special relationships with and understanding of clients, especially where persistent payment problems exist.
2.5. To maintain records of actions carried out and responses thereto.
2.6. To provide information on the Firm’s outstanding bills as and when required by the Chief Financial Officer, National Service Leaders, Partners responsible for debts within their business units, Credit Controllers, Senior Working Capital Advisor, Commercial Managers
2.7. To visit National Service Leaders and Client Partners to discuss and maintain maximum recovery pressure on selected debts, paying particular attention to the problem bills indicated by 60 day debt report to the National Service Line Leaders. Discuss specific matters with the Managing Partner on a regular basis.
2.8. To ensure that all bill write off’s are authorised by the relevant Partner or NSL Leader in advance of processing.
2.9. To assist in preparation of Bad Debt reserve and VAT recovery information.
2.10.To develop and maintain a good working relationship with all fee earners and clients.
2.11.Carry out any other duties as delegated by the Chief Financial Officer, National Service Leaders, Partners responsible for debts within their business units, Credit Controllers, Senior Working Capital Advisor, Commercial Managers
What experience is required?
Prior experience of debt recovery and familiarity with court procedure and processes, including interim applications such as summary judgment and the range of enforcement processes available to judgment creditors.
Why should I apply?
The firm has been named for a record fourteenth year running as one of the 100 Best Companies to Work For in The Sunday Times annual survey and is one of only a small number of organisations nationally to have achieved a listing for 14 years running, and the only UK law firm.
What else should I know?
Mills & Reeve is a major UK law firm renowned for its outstanding service to national and international clients, for its collaborative culture and for its deep sector expertise. The firm has a strong sector focus with expertise in agriculture, charities, education, food and beverage, health, insurance, private wealth, real estate investment, sport and technology. Clients include businesses - from PLCs to start-ups - high net worth individuals and landowners, more than 120 universities, colleges and education bodies and over 100 healthcare organisations.
Mills & Reeve is one of the top performing law firms in the UK when it comes to client satisfaction, according to the latest editions of Chambers UK and The Legal 500. The annual guides, which accumulate feedback from thousands of clients, place the firm in the top five law firms based on the number of top ranking practice areas.
Mills & Reeve is committed to promoting equality, diversity and to providing an inclusive and supportive environment. We are happy to consider flexible working arrangements and endeavour to achieve the right balance for both our people and the business. This attitude to flexible working ensures we continue to provide outstanding service to our clients, whilst allowing our people to develop their careers in the knowledge that personal priorities will remain just that.