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Accounts Receivable Specialist

2 months ago

Dallas, Texas, United States Socotec Full time
Job Title: Accounts Receivable Specialist

We are seeking a highly skilled Accounts Receivable Specialist to join our team at Socotec. As a key member of our finance department, you will be responsible for managing a portfolio of receivable accounts, creating and maintaining professional relationships with clients, and ensuring prompt resolution of any billing concerns.

Key Responsibilities:
  • Manage a portfolio of receivable accounts for several Socotec Advisory clients
  • Create and maintain professional relationships with clients to ensure prompt resolution of any billing concerns
  • Send collection letters and respond to correspondence, as authorized by the Supervisor
  • Analyze contracts and proposals to identify collectability of each account's invoices
  • Prepare ledgers of invoices and payments, and monitor the progress of cases
  • Sequence collection activities to document steps taken and work with the Legal team
  • Prepare aging reports in Excel for management and monitor AR aging reports to identify outstanding balances
  • Collaborate with project managers and clients to resolve any billing discrepancies or issues
  • Review proposals and contracts, and issue client account statements monthly
  • Contact clients regarding past due payments and update accounting records in Deltek
  • Work closely with the finance team to accurately record and report on AR data
  • Provide Legal with all documentation necessary for the demand letter
  • Perform weekly and monthly reporting, ad-hoc analysis, and assist with special projects related to client receivables
Requirements:
  • Legal or Litigation Consulting Industry experience strongly preferred
  • Excellent communication and interpersonal skills
  • Strong attention to detail and organizational skills
  • Self-motivated and able to prioritize and manage multiple tasks efficiently
  • Strong computer skills, proficiency with Excel and Word, and experience using Deltek is a plus
  • Ability to work collaboratively with cross-functional teams, meet deadlines, and respond to changes in priorities
  • Adaptive to changing processes, improvements, and new tasks
  • Bachelor's degree in accounting, finance, or related field preferred

Socotec offers a competitive benefits package and an exciting & inclusive company culture where we foster learning and growth through our mentorship program, continuing education support, and other initiatives.