Accounts Receivable Specialist

 Ref:

  Location: Chicago, IL



Overview: 

Overview:

Assists the Firm's partners in the collection of past due accounts receivable.  Extensive contact with both partners and clients is a major component of this position.  Work closely with Accounts Receivable Managers.

 

Responsibilities:

  • Handle a significant portfolio of Firmwide Client Collection responsibilities in addition to AR portfolio of local office.
  • Review and analyze accounts receivable aging.
  • Demonstrated knowledge and ability to understand the electronic billing life cycle process in order to take the appropriate actions to resolve accounts receivable.
  • Contact clients via phone, email, and formal letters to follow-up on status of unpaid invoices.
  • Negotiate, document, and arrange payment schedules.
  • Documents collection status using the Firm’s Collection Notes system.
  • Assists with special projects, including creating, formatting, and editing Excel         spreadsheets.
  • Maintains frequent telephone contact with clients regarding questions concerning the status of their receivables.
  • Types statements and correspondence using the computer which includes preparing charts and tables using Microsoft Word and Excel.
  • Performs other duties as assigned or as judgment or necessity dictates.

 

Qualifications:

Qualification Requirements:  To perform this job successfully, an individual must be able to perform the Duties and Responsibilities (the “Duties”) above satisfactorily and meet the requirements below.  The requirements listed below are representative of the minimum knowledge, skill, and/or ability required.  Reasonable accommodations will be made to enable individuals with disabilities to perform the essential functions of the job.  Employees or applicants who need an accommodation should contact Human Resources.

 

Education and/or Experience: 

Required:

  • Associate's degree or equivalent work experience
  • A minimum of one year of experience in law firm collections or billing
  • Demonstrated ability and familiarity with using electronic billing vendor websites. 
  • Ability to type 40 wpm with emphasis on accuracy
  • Thorough working knowledge of Microsoft Word and Excel

Preferred:

  • Bachelor’s degree
  • Three or more years of experience in law firm collections or billing

 

Other Skills and Abilities:

In addition to the above, the following may also be required of the successful candidate:

Excellent organizational skills

Excellent attention to detail

The use of good judgment and good interpersonal communication skills

Well developed analytical and problem solving skills

Works harmoniously and effectively with others as part of a team

A self-starter who desires to show ownership and commitment to the job

Exercises confidentiality and discretion

Proofreads accurately

Strong mathematic skills

Contact zach.schnell@mindspringpartners.com if interested


Keywords: