Client Accounting Sr. Specialist
Weil, Gotshal & Manges LLP · New York, NY · 6 days ago
HybridAccounting$110k–$125k/yrFull-time
Job DescriptionWork with Client Accounting team to ensure compliance with the Firm financial guidelines on new matters. Work with Financial Systems and Billing departments to ensure that all billing rates, structure and discounts are in accordance with fee agreements. Primary Responsibilities and/or Essential functions: Review outside counsel guidelines to summarize financial portionObtain appropriate approval of discounts/cost exceptionsImplement discount/cost exceptions pertaining to OCG in financial systemDocument status of OCG for department useCommunicate details of client fee arrangements and billing requirements to the Billing team to ensure proper documentation and complianceLoad rates for new timekeepers in accounting softwareFollow up and confirm rate changes in relation to timekeeper effective date changesAssist and serve as backup for compiling monthly write off reportEnsure that proper approvals were obtained according to firm write off policy prior to posting invoices and report any non-compliance to Finance DirectorPrepare report to send to Accounting department for inclusion within monthly financial package to management committeeMaintain, update, distribute, and assist in analysis of client/matter discount policyRun monthly reports to calculate volume discounts, notify billers of result and ensure the system is updated with accurate discountsTrack and report on AFA’s and matter budgets, provide concise analysis of performance resultsMaintain and update client/matter discount agreement notes in financial system to match discount policyRespond to inquiries regarding client discounts and other financial termsAct as an additional resource for international and regional billing groupProvide support to billing staff with financial system and test accounting software in preparation of upgradesAny other responsibilities or special projects as required or assigned by management Knowledge, Skills & Abilities: Strong knowledge of Excel.Ability to work with limited supervision and follow up on problem areas.Strong oral and written communication skills.Must be detail oriented.Ability to work well in a team environment.4+ years of law firm billing or relevant experience.Elite 3E software knowledge a plus. Education/Certifications:Bachelor’s degree or equivalent work experience required. Estimated salary range is $110,000 - $125,000. Compensation decisions within the range are dependent on the facts and circumstances of each case including but not limited to the individual's skills, experience, and qualifications. Weil, Gotshal & Manges LLP offers a competitive compensation package comprised of base pay and discretionary year-end bonus for eligible employees. Benefits include, but are not limited to medical, dental, vision, disability coverage, life insurance, flexible spending plan and a 401K plan. Weil also offers generous paid time off and holidays. All decisions affecting employment at Weil, Gotshal & Manges LLP are made on the basis of qualification, performance and other pertinent work-related factors, and without discrimination against any person on the basis of race, color, sex, age, religion, national origin, disability, marital status, sexual orientation, gender identity or expression, pregnancy, veteran’s status, genetic information or any other legally protected status.