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Senior Collections Coordinator
Senior Collections CoordinatorConsultative Search Group • New York, NY, US
Senior Collections Coordinator

Senior Collections Coordinator

Consultative Search Group • New York, NY, US
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Job Description

Job Description

Large global professional services firm seeks a Senior Collections Coordinator to join their team.

This role will be responsible for supporting the firm's overall financial health and strengthening client relationships, while monitoring the office's accounts receivable (A / R) and actively engaging with attorneys, Attorney Support Assistants, Senior Coordinators, Revenue Coordinators, and Assistants (the “Revenue team”), and clients to facilitate timely payments.

Responsibilities :

  • Developing an understanding of the practice office's A / R through regular meetings with billing attorneys, the Revenue team, and Attorney Support Assistants / Specialists, and documenting this information in the firm's internal inventory management tracking systems
  • Coordinating with the billing attorneys and the Revenue team to determine the most appropriate course of action to address aged A / R, collect payment, and reduce collection days
  • Constantly updating billing attorneys and Revenue team members on outstanding items that require action and may conduct client outreach on action items as directed by billing attorneys
  • Producing regular and ad hoc financial and statistical information for the Senior Accounting Manager, Finance Committee, practice office leadership, and, as requested, billing attorneys, exhibiting judicious use of financial systems
  • Serving as an escalation point for the Revenue team to guide them or take on more complex or challenging collections issues
  • Protecting and maintaining any highly sensitive, confidential, privileged, financial, and / or proprietary information

Qualifications :

  • Exhibit excellent verbal and written communication skills
  • Possess strong technology skills, including intermediate knowledge of MS Office and Excel
  • Demonstrate knowledge of 3E, CMS, or similar legal accounting systems
  • A high school diploma or equivalent required
  • A bachelor's degree in accounting, or related field, preferably
  • A minimum of three (3) years of experience working in a legal or professional services environment, including exposure to general accounting practices
  • Experience with professional services collections strategies, preferably
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