The Collections Specialist is responsible for the management of Accounts Receivable, including developing and implementing strategies to maximize collections.
A career with our client is the opportunity to do work that matters. It's the chance to use your knowledge to shape what's ahead. To share, to innovate, to learn at a law firm that taps the power of collective thinking.
If you're someone who's looking toward the future, we'd love to hear from you.
location: King Of Prussia, Pennsylvania
job type: Permanent
salary: $50,000 - 60,000 per year
work hours: 9 to 5
education: No Degree Required
experience: 4 Years
•Proactive monitoring of Accounts Receivable and monitoring of Work In Process in context of Accounts Receivable to identify collection trends for past due accounts.
•Establish productive working relationships with attorneys so that they are comfortable allowing candidate to directly contact their clients regarding payment.
•Contact clients regarding past due Accounts Receivable and consistently follow-up until payment is received or account is resolved.
•Document activity by updating inventory management system with details of attorney and client communications, including providing succinct comments on why an account is past due, what has been done to resolve the situation and when payment is expected.
•Forward invoices, contracts, insurance instruments, payment histories, and other reports as requested.
•Serve as financial liaison between the firm and its clients, including establishing and maintaining productive lines of communication between the firm and client representatives with the objective of facilitating prompt collection of receivables.
•Work with the firm's Billing Department to ensure bills are rendered according to client requirements. Work with Business Managers, Practice Group Leaders and others as necessary to resolve past due Accounts Receivable.
•Reviewing new matters for existing clients and making recommendations regarding accepting engagement.
•Prepare revenue projections.
•Assist with collections for offices other than the candidate's home office.
•Other duties as assigned.
•Five to ten years of successful collections experience including extensive client contact in a professional services firm, preferred.
•Highly effective financial analysis, diagnostic, and problem solving abilities.
•Superior customer service experience and approach.
•Knowledge and understanding of various attorney practice areas and the general collection standards for each, as well as general business practices relating to credit, accounts receivable management, and accounts payable.
•Proficiency in Excel and Word required.
•Sound business judgment with an understanding of financial systems and the changing role of technology to best manage the client accounting function.
•High energy, persuasive, self-motivated, excellent interpersonal, verbal, and written communication skills, with outstanding follow through.
•Keen listener with ability to work independently and as part of a team and proactively leverage these skills to facilitate resolution of past due accounts.
•Ability to manage multiple projects while tracking extensive detail.
For immediate consideration please send your resume in word document to:
Cecilia Bjurstrom l Sr. Executive Recruiter
Finance & Accounting | Human Resources
skills: Commercial Collections
Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.