Working Capital Manager

Job Title

- Working Capital Manager - Asia (Singapore, Hong Kong, China)

- Role

- Business/Professional Services

- Expertise

- Finance

- Job Location

- Singapore

- Description

This role reports to the Head of Working Capital for Asia Pacific Region and is part of a growing team that optimises client experience and cash flow by building and evolving world class capabilities for matter take on, billing and collections. The role can be based in either our Singapore or Hong Kong office and will cover activity in our Asia offices (Hong Kong, Singapore and China). For at least the first year, collections will be the primary focus of the role; overseeing Credit Controllers in each office.

**Key responsibilities and objectives**
- Managing the performance of a team of Credit Controllers across the Asia offices. Setting clear expectations, facilitating success, reviewing outcomes and developing talent to deliver:

-- Flawless execution of the routine processes applicable to debts aged up to 60 days; generate AR reports, statement of accounts, receipting and allocation
- Optimised use of client-payment platforms
- Tax forms for overseas payments
- Client / Trust account compliance
- Collection forecasts and consistent achievement of collections targets.
- Identification and resolution or escalation of any risks with escalations supported by suggestions what could be done to avoid or mitigate the risk, including:

-- Credit risk and provisioning
- Delivery risk - resource capacity, holidays and sickness
- Regulatory risk - client trust balances.
- Using the data and reports available: to identify (current and future) collections issues; to prioritise time and discretionary effort; to continuously improve outcomes, efficiency and effectiveness.
- Building and maintaining effective relationships with Partners and the Practices across the region. Being a role model for the principles and service that drive; success, collaboration, coordination, efficient support and constructive challenge.
- Setting up and driving action plans to collect receivables that have aged beyond 60 days; Identifying the reason for non-payment; agreeing actions to solve with the practice; coordinating activity to execute the plan; reporting progress.
- Identifying issues that are the root cause of payment delays and developing process and controls to reduce recurrence.
- Collaborating effectively with clients and colleagues within the practice as well as other finance and business support teams.

**Essential skills and experience**
- A minimum 4 years' experience, at least two of the following:

-- legal services finance, notably credit control or billing
- an operational role with a demonstrable track record of consistent delivery, continuous improvement and problem solving
- insurance claims
- managing complex stakeholder group.
- Highly motivated self-starter, with a positive, 'can do' attitude
- Numerate and commercially astute
- Committed to quality and attention to detail
- Clear, concise written and verbal communicator effective across all levels of an international organisation and with clients
- Comfortable working in a high volume, fast paced environment
- Demonstrated teamwork and collaboration skills, as well as the ability to work independently
- Knowledge of Thomson Reuters Elite 3E would be advantageous but not essential.

**About Clyde & Co in the Asia Pacific Region**

Clyde & Co is a leading global law firm, specialising in the sectors that underpin global trade and commercial activity, namely: insurance, transport, construction, energy, trade and commodities. It is globally integrated, offering a comprehensive range of contentious and non-contentious legal services and commercially-minded legal advice to businesses operating across the world. Clyde & Co is committed to operating in a responsible way. This means progressing towards a diverse and inclusive workforce that reflects the diversity of its communities and clients, using its legal skills to support its communities through pro bono work, volunteering and charitable partnerships, and minimising the impact it has on the environment. The firm has 480 partners, 2400 lawyers, 3200 legal professionals and 5000 people overall in over 60 offices and associated offices worldwide.

**How to apply**

**_We offer a rewarding work environment that supports professional growth and opportunities. We value diversity in our work place and it is the policy of the Firm to recruit, hire, promote, reassign, compensate and train highly qualified persons without regard to race, colour, gender, religion, national origin, age, disability or any other basis protected by applicable law._