Law Firm Accounts Receivable & Collections Supervisor

Job Description

Job Description

Join our Chicago law firm as an A/R and Collections Supervisor. Here, you'll play a pivotal role in ensuring the financial health and stability of our practice. You'll lead a dedicated team, using your expertise to manage accounts receivable and collections with precision and care. Your efforts will directly support our mission to provide unparalleled legal services.

As part of our dynamic team, you'll enjoy a work culture that prioritizes innovation and career development. If you're ready to make a meaningful impact and grow your career in the legal industry, we encourage you to apply. Let's work together to achieve excellence and drive our firm forward!

Benefits to full-time employees include paid holidays, paid vacation time, Health, Dental, Vision, and Life insurance, and a 401(k). The salary range for this position is $70,000 - $80,000 per year plus bonus potential. The specific salary will be commensurate with the candidate’s qualifications and relevant experience.

Compensation:

$70,000 - $80,000 yearly

Responsibilities:

• Lead and mentor a team of accounts receivable and collection specialists, fostering a collaborative and supportive environment.

• Manage firm collections and the creditworthiness of all clients.

• Develop and implement effective collection strategies to ensure timely payments and reduce outstanding balances.

• Monitor and analyze accounts receivable aging reports to identify trends and areas for improvement.

• Collaborate with legal teams to resolve complex billing issues and ensure accurate invoicing.

• Maintain strong relationships with clients, addressing inquiries and resolving disputes with professionalism and care.

• Prepare and present regular financial reports to senior management, highlighting key performance metrics and insights.

• Ensure compliance with all relevant legal and regulatory requirements in the accounts receivable process.

Qualifications:

• College degree required.

• Experience in leading and mentoring a team, fostering a collaborative and supportive environment.

• Ability to develop and implement effective collection strategies to ensure timely payments and reduce outstanding balances.

• Proven track record of monitoring and analyzing accounts receivable aging reports to identify trends and areas for improvement.

• Strong collaboration skills to work with legal teams in resolving complex billing issues and ensuring accurate invoicing.

• Excellent communication skills to maintain strong relationships with clients, addressing inquiries and resolving disputes with professionalism and care.

• Experience in preparing and presenting regular financial reports to senior management, highlighting key performance metrics and insights.

• Knowledge of compliance with all relevant legal and regulatory requirements in the accounts receivable process.

About Company

Chicago law firm