Accounts Receivable Specialist (Remote)
About the role
About Our Client: This organization is a legal services firm operating in the Mid-Atlantic region of the United States. It supports local, national, and international businesses, financial institutions, and insurance companies by providing legal counseling and representation. The firm employs over 130 legal professionals across 13 locations and handles a variety of legal areas for businesses, employers, and individuals.
About the Opportunity: The Accounts Receivable Specialist role supports the Finance Department by managing collections and receivables related to legal services. This position plays a crucial role in maintaining accurate financial records and facilitating timely collection of payments, directly impacting the firm’s financial health. The role offers flexibility to work remotely from specified states and requires experience in law firm collections.
Responsibilities
- Prepare, generate, and review monthly receivables reports for billing partners
- Collaborate with Accounts Payable, Billing, Appeals, and Billing partners to maintain accurate records of open receivables and collection efforts
- Research billing websites for invoice status updates
- Contact client adjusters regarding past due invoices via email, phone, or fax
- Forward invoices and payment histories to clients as appropriate
- Keep accurate records of client responses and escalate follow-up as needed
- Maintain regular communication with billing partners on receivable statuses
- Request partner assistance for collecting past due invoices
- Monitor payment tracking and appeal statuses on partner accounts receivable reports
- Authorize write-offs of remaining balances when appropriate
Requirements
- Three or more years of experience in law firm collections and legal billing
- Bachelor’s degree in accounting, finance, or related field preferred; relevant experience may substitute
- Strong attention to detail and accurate maintenance of client financial records
- Excellent written and verbal communication skills suitable for diverse professional audiences
- Ability to prioritize workload and meet deadlines
- Proficiency with Microsoft Office Suite
Pay
The anticipated salary range for candidates residing in New York is $70,000 and above, dependent on education, experience, and internal equity.
Benefits
- 401(k) retirement plan
- Medical insurance