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Accounts Receivable Specialist
2 months ago
Position Title: A/R Analyst
FLSA Classification: Non-Exempt
Department: Accounting
Supervisor: Director of Revenue and Treasury Management
KEY RESPONSIBILITIESThe primary responsibilities of this role encompass the following:
- Oversee a portfolio of Attorney's Accounts Receivable.
- Monitor the status of the Receivable portfolio through the accounting system's collection module.
- Engage with Attorneys and Clients regarding overdue invoices.
- Facilitate negotiations for repayment terms with Clients and track repayment progress.
- Execute Accounts Receivable write-offs as necessary.
- Prepare and dispatch Reminder Statements to Clients with outstanding balances.
- Participate in monthly Billing and Collection Committee Meetings.
- Conduct research and provide necessary collection data to Attorneys or Clients.
- Assist in the daily payment application process, including posting checks and electronic payments via an automated system.
- Investigate duplicate payments, overpayments, and short payments, communicating discrepancies to the Attorney or Client.
- A minimum of five (5) years of experience in Accounts Receivable or Payment Application within a professional services setting.
- Proficient in managing time effectively, both independently and collaboratively.
- Strong organizational skills to prioritize multiple tasks and meet deadlines.
- Excellent interpersonal skills for effective communication in person, via email, and over the phone with Clients, Attorneys, and colleagues.
- Proficient in Microsoft Office Suite.
- Familiarity with legal accounting software, preferably Aderant.
- Experience with document management systems for filing purposes.
- Willingness to undertake additional responsibilities as assigned by management.
This description aims to outline the general content and requirements for this position. It should not be interpreted as an exhaustive list of essential functions, responsibilities, or qualifications.
Work Environment: Standard office setting with minimal exposure to excessive noise and temperature variations.