Accounts Receivable Specialist

2 days ago


Chicago, Illinois, United States Harcourt Matthews Full time

Accounts Receivable Specialist

About the Role

Harcourt Matthews is seeking an experienced Accounts Receivable Specialist to join their team. As an Accounts Receivable Specialist, you will be responsible for managing a portfolio of Firm partners, ensuring timely and effective recovery of outstanding payments from clients.

Key Responsibilities

  • Implement effective collection strategies to ensure timely collection of payments from clients
  • Foster positive relationships with partners, clients, and internal stakeholders to facilitate effective collaboration and resolution of collection issues
  • Proactively follow up, conceive solutions, and solve problems
  • Provide reports, analyses, and recommendations to partners
  • Serve as a point of contact for clients on payment inquiries, disputes, and overdue balances
  • Collaborate with billing and other administrative teams to address billing inquiries and disputes
  • Effectively utilize the Firm's financial systems and software for tracking collections, noting statuses, updating contact information, and generating reports
  • Maintain strong records of commentaries on collection efforts and statuses
  • Prepare and present regular reports on collection performance, aging reports, and other metrics
  • Ensure compliance with Firm policies, legal requirements, and client agreements
  • Identify opportunities for process improvements and efficiencies in the collection process
  • Regularly reconcile accounts and resolve discrepancies to ensure accurate and current records
  • Meet collection targets
  • Assist with special projects and other tasks as assigned

Requirements

  • Bachelor's degree in Accounting, Finance, Business, or related field
  • Minimum two years' collections experience, ideally within the professional services sector
  • Proficiency in Microsoft Office Suite products with experience of data analysis and use of PowerBI
  • Evidence of providing exemplary service and upholding high standards of excellence
  • Skilled in cultivating strong relationships and fostering trust among partners, clients, and colleagues
  • Demonstrate a high attention to detail when pursuing payments, documenting actions, and maintaining records
  • Show confidence in pursuing payments, navigating negotiations, upholding Firm policies, and effectively escalating issues

About Harcourt Matthews

Harcourt Matthews is a world-leading law firm with a reputation for advising corporate and financial institutions across the globe. We operate across Asia, the Americas, and Europe, covering a broad range of practices including Banking & Finance, Capital Markets, Intellectual Property, Joint Ventures & Strategic Alliances, Mergers & Acquisitions, and Real Estate.

How to Apply

Applications can only be considered from those eligible to live and work in the USA without restriction. Harcourt Matthews is acting as an Employment Agency in relation to this vacancy. Our divisions include Legal Operations, Accounting & Finance, Pricing & Strategy, Pfi/PPP & FM.

Harcourt Matthews is committed to diversity and inclusion. We value and encourage applications from all ethnicities and welcome everyone regardless of social background, disability, gender identity, and orientation. Diversity benefits us all and challenges our assumptions.

Keywords: collections, credit control, AR, Accounts receivable, analyst, coordinator, law, legal, LLP



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