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Collections Specialist, Legal Services

$85k - $100k

Addition Management

This range is provided by Addition Management. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. Base pay range $85,000.00/yr - $100,000.00/yr NYC based downtown Law Firm seeks a Collection Specialist to join their Team! Key Responsibilities: Contact clients regarding overdue bills via email, phone, and written correspondence, maintaining a professional yet firm approach. Leverage Aderant’s collection module software to analyze client account histories, identify payment trends, and flag potential delays. Coordinate with attorneys and support staff to resolve disputes or e-billing rejections using BillBlast and Aderant as the primary communication platforms. Ensure timely follow-up on overdue invoices, utilizing the Aderant Collection Module and prior communication notes to maintain strong client relationships. Collaborate with finance and accounting teams to apply payments accurately and resolve misallocations or client advances related to vendor payments. Oversee daily collections operations, monitoring team performance against KPIs and ensuring adherence to collections policies and best practices. Develop and implement KPI performance metrics to drive efficiency, focusing on AR reduction and rapid collection of overdue bills. Collaborate with and mentor the collections team, fostering a culture of continuous learning, communication, and coordination for optimal team performance. Assess the effectiveness of current collections processes and recommend improvements or technologies to streamline workflows and reduce delinquency. Stay on top of the submission and monitoring of invoices through client e-billing platforms (e.g., Serengeti, CounselLink, etc.). Ensure compliance with client billing guidelines, addressing any rejected or disputed invoices promptly to resolve issues. Qualifications: Bachelor’s degree in finance, accounting, business administration, or a related field. Minimum of 5 years of experience in a collection’s role within a law firm or professional services environment. Proven track record of reducing AR and improving cash flow in a legal or corporate setting. Seniority level Associate Employment type Full-time Job function Accounting/Auditing and Other Industries Legal Services and Law Practice #J-18808-Ljbffr Addition Management

Vacancy posted 3 days ago
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