Accounts Receivable & Collections Coordinator
Green Key Resources
New York, NY 10016, USA
6/14/2022
Full Time
Job Description
Job Description
Accounts Receivable & Collections Coordinator
Position Overview: The Accounts Receivable & Collections Coordinator will collaborate closely with the Billing Department and the Account Management Team, engaging directly with Attorneys, Executive Assistants, and Clients. We are seeking a positive, diligent individual with a customer-service mindset to manage payments and delinquent accounts effectively.
Key Responsibilities:
- Daily Cash Reconciliation: Update the Cash Reconciliation spreadsheet daily to ensure accurate recording and balancing of all cash receipts from the previous day.
- Payment Processing: Identify and process ACHs, wires, and incoming checks.
- A/R Write-offs: Process all accounts receivable write-offs.
- Follow-ups and Reminders: Responsible for follow-ups and sending reminder statements.
- Billing Rate Maintenance: Maintain the Billing Rate chart.
- Timekeeper Setup: Set up new timekeepers.
- Client Billing/Payment Histories: Prepare charts regarding clients’ billing/payment histories upon request.
- Daily Cash Receipts: Prepare daily cash receipts, including ACH, wires, checks, credit cards, and direct deposits.
- Timely Posting: Ensure timely posting of all cash receipts, ACHs, wires, checks, credit card payments, and direct deposits.
- Daily Cash Report: Update and email the evening Daily Cash Report.
- Bank Deposits: Prepare daily bank deposits.
- Credit Card Payments: Process credit card payments.
Qualifications:
- Experience: Minimum of 4 years of previous experience in cash receipts/accounts receivable.
- Education: Bachelor’s degree preferred.
- Industry Knowledge: Familiarity with best practices for cash receipts, applications, billing, and collections in a law firm.
- Technical Skills: Proficiency in Aderant, Microsoft Word, Excel, and Outlook.
- Communication Skills: Strong written and oral communication skills.
- Financial Acumen: Familiarity and working knowledge of WIP and A/R balances.
- Organizational Skills: Strong organizational skills with the ability to prioritize effectively.
- Flexibility: Availability to work overtime as needed.