Collections Specialist At the direction of the Accounts Receivable & Collections Director, and Manager, this individual will be responsible for:
- Reviewing status of assigned client accounts, following up and monitoring aging receivables.
- Collaborating with assigned partners within the Practice Team to review their matters and determine action plans for collections.
- Communicating & collaborating directly with clients to secure payments on a timely basis.
- Providing documentation and analysis to partners and clients as needed.
- Maintaining detailed records of steps taken to facilitate payments.
- Coordinating with Supervisor and Practice team regarding assigned receivables portfolio and discussing strategy and escalation as needed.
- Assisting the Collections & Practice teams with researching , analyzing, and resolving client deductions and unapplied credits.
- Collaborating with other teams including the Billing Department and Finance Department regarding client deductions, cash receipts, collections, and other special projects.
- Must have a minimum of 3 years' experience as a Collections Specialist in the legal or professional service industry. Previous experience at a law firm and interfacing with partners and clients are a plus. Aderant, Elite & E Billing Systems experience are a plus.
- Bachelor's degree required.
- Must have the capability to follow up on client accounts with minimal supervision.
- Must be a motivated self-starter with the ability to work well under pressure and with a high degree of accuracy.
- Ability to meet strict deadlines and interact well with co-workers.
- Excellent interpersonal, communication and analytical skills.
- Attention to detail.
- Must be proficient in Word and Excel.
This is a hybrid role which requires in-office attendance in accordance with the schedule set forth by the department. A hybrid schedule is an essential function of this role. Salary: $85,000- $100,000. Paul, Weiss offers competitive compensation and benefits packages. The firm considers a number of factors when determining compensation, including, but not limited to, education, years of experience, levels of experience, competency levels and other relevant skills and qualifications
Disclaimer Statement: The preceding job description has been designed to indicate the general nature and level of the work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualification required of employees assigned to this job.