Senior Coordinator – Revenue Operations, Bankruptcy

Latham & Watkins LLP • New York, NY

20h • $120,000 - $140,000 • Hybrid

About The Position

The Senior Coordinator is an integral part of Latham’s Revenue Operations team. The Senior Coordinator – Revenue Operations, Bankruptcy will be responsible for strategically managing inventory and revenue cycle activities, and assisting the firm to achieve its financial targets by providing an efficient and commercially focused service. The Senior Coordinator will establish relationships with internal and external stakeholders to gain knowledge of clients and matters, and accelerate revenue recognition by formulating and advising on governance, risk mitigation, and compliance strategies. This role will be located in our New York office. Please note that this role may be eligible for a flexible working schedule that allows for a hybrid and in-office presence.

Requirements

• 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
• Exhibit 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

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, exercising sound judgement and strategic discretion to minimize exposure to locked-up inventory and to mitigate financial and reputational risk
• 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 ; acts as a trusted advisor and primary point of contact, establishing and maintaining strong internal and external client relationships while constructively influencing billing behavior and outcomes
• Establishes frequent lines of communication, including regular meetings with billing attorneys, attorney support and other key stakeholders, to discuss Work-in-Progress (WIP) & Accounts Receivable (AR) to determine most appropriate course of action and reduce inventory days
• Ensures compliance of all processes and systems throughout the revenue lifecycle against the 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
• Provides strategic financial and statistical information to local leaders, Finance Committee, and Partners, sharing insight, guidance, and analysis that supports informed decision making related to billing, collections, inventory management, and risk exposure
• 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
• Protects and maintains any highly sensitive, confidential, privileged, financial, and/or proprietary information that Latham & Watkins retains

Benefits

• Healthcare, life and disability insurance
• A generous 401k plan
• At least 11 paid holidays per year
• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Number of Employees: 501-1,000 employees