Collections Coordinator
A highly regarded global law firm is seeking a Collections Coordinator to join its finance team in Los Angeles. This is an excellent opportunity for someone with prior law firm collections experience who enjoys collaborating with attorneys, finance professionals, and clients to drive the firm’s accounts receivable process.
This role offers exposure to a sophisticated client base and the opportunity to partner closely with attorneys while managing a diverse portfolio of outstanding receivables. The ideal candidate is detail-oriented, proactive, and thrives in a fast-paced professional services environment.
Key Responsibilities
- Manage an assigned portfolio of accounts receivable, ensuring timely collection of outstanding balances.
- Analyze aging reports, short-paid invoices, and outstanding balances to identify collection opportunities and resolve payment delays.
- Monitor the status of electronic billing submissions, payments, appeals, accruals, budgets, and other client-specific billing requirements.
- Partner with billing and finance teams to resolve invoice discrepancies, payment issues, and client concerns impacting collections.
- Communicate regularly with attorneys and firm leadership regarding the status of receivables, highlighting risks and recommending next steps.
- Prepare reports, collection updates, and other financial analyses as needed.
- Assist with additional finance and collections projects as assigned.
Qualifications
- Prior collections experience within a law firm is required.
- Strong understanding of legal billing and collections processes.
- Excellent written and verbal communication skills with the ability to work effectively with attorneys, clients, and internal stakeholders.
- Strong analytical, organizational, and problem-solving abilities.
- Ability to manage multiple priorities while meeting deadlines in a fast-paced environment.
- High level of professionalism and discretion when handling confidential financial information.
- Advanced proficiency with Microsoft Excel and Microsoft Office.
- Experience with Elite 3E or another enterprise accounting system is preferred.
- Bachelor’s degree in Accounting, Business, Finance, or a related field is preferred.
Compensation
- Salary range: $60,000-$80,000, depending on experience, qualifications, and overall fit.
- Comprehensive benefits package offered.
