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Accounts Receivable Specialist
2 months ago
Position Title: Accounts Receivable Analyst
FLSA Status: Non-Exempt
Department: Accounting
Reporting To: Director of Revenue and Treasury Management
KEY RESPONSIBILITIESThe primary responsibilities of this role encompass, but are not limited to:
- Overseeing a portfolio of Attorney's Accounts Receivable.
- Monitoring the status of the Receivable portfolio through the accounting system's collection program.
- Engaging with Attorneys and Clients concerning overdue invoices.
- Facilitating negotiations on repayment terms with Clients and tracking repayment activities.
- Executing Accounts Receivable write-offs as necessary.
- Creating and dispatching Reminder Statements to Clients with outstanding balances.
- Participating in monthly Billing and Collection Committee Meetings.
- Conducting research and providing requested collection information to Attorneys or Clients.
- Assisting in the daily payment application process, including posting checks and electronic payments using an automated payment application.
- Investigating duplicate payments, overpayments, and short payments, and communicating discrepancies with the Attorney or Client.
- A minimum of five (5) years of experience in Accounts Receivable/Payment Application within a professional services context.
- Capability to perform under time constraints, both independently and collaboratively.
- Proficiency in organizing and prioritizing multiple tasks to meet deadlines.
- Strong interpersonal skills for effective communication in person, via email, and over the phone with Clients, Attorneys, and other staff members.
- Proficient in Microsoft Office Suite.
- Familiarity with legal accounting software, preferably Aderant.
- Experience in filing documents through a document management system.
- Willingness to undertake additional responsibilities as assigned by the employer.
This description is intended to convey the general nature and requirements of the position. It is not an exhaustive statement of essential functions, responsibilities, or requirements.
Work Environment: Standard office setting with minimal exposure to excessive noise and temperature variations.