Collections Specialist (Law Firm)
Job Description
Job Description
Our client, an AM Law 100 firm, is looking to hire a Collections Specialist at their offices in New York City. This is a full-time, direct hire paying an annual base salary of $85K to $100K plus a performance-based bonus and excellent benefits package.
This position will allow for a hybrid work week with 2 days a week onsite.
MUST HAVE LAW FIRM EXPERIENCE
Job Title : Collections Specialist
Location : New York, NY 10019
Work Environment : Hybrid (8 days a month on-site / 3 Days WFH)
Salary : $85K to $100K
Term : Full-time
3rd Party C2C / Transfer : No
Referral Fee : $500 - Refer qualified colleagues, friends, or family.
Job Description :
At the direction of the Accounts Receivable & Collections Director, and Manager, this individual will be responsible for :
- Reviewing status of assigned client accounts, following up and monitoring aging receivables.
- Collaborating with assigned partners within the Practice Team to review their matters and determine action plans for collections.
- Communicating & collaborating directly with clients to secure payments on a timely basis.
- Providing documentation and analysis to partners and clients as needed.
- Maintaining detailed records of steps taken to facilitate payments.
- Coordinating with Supervisor and Practice team regarding assigned receivables portfolio and discussing strategy and escalation as needed.
- Assisting the Collections & Practice teams with researching , analyzing, and resolving client deductions and unapplied credits.
- Collaborating with other teams including the Billing Department and Finance Department regarding client deductions, cash receipts, collections, and other special projects.
Requirements :
Must have a minimum of 3 years experience as a Collections Specialist in the legal or professional service industry. Previous experience at a law firm and interfacing with partners and clients are a plus.
Aderant, Elite & E Billing Systems experience are a plus.
- Bachelors degree required.
- Must have the capability to follow up on client accounts with minimal supervision.
- Must be a motivated self-starter with the ability to work well under pressure and with a high degree of accuracy.
- Ability to meet strict deadlines and interact well with co-workers.
- Excellent interpersonal, communication and analytical skills.
- Attention to detail.
- Must be proficient in Word and Excel.
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