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Accounts Receivable & Collections Coordinator

SourcePro Search
locationNew York, NY, USA
PublishedPublished: 6/14/2022
Full Time

Job Description

Job Description

Accounts Receivable & Collections Coordinator


Location:Finance Department New York Office

Schedule:MondayFriday, 9:30 AM5:30 PM |Non-Exempt

Salary:$75,000$85,000 (commensurate with experience)

Work Arrangement:Hybrid 3 days in-office


What Youll Do:

  • Maintain and update the dailyCash Reconciliation spreadsheetto ensure accuracy of prior day receipts
  • Identify and processall incoming payments, including ACHs, wires, checks, credit cards, and direct deposits
  • Accuratelypost all cash receiptsand prepare daily deposit packages for the bank
  • Create and distribute theDaily Cash Reportand related cash receipt communications
  • Follow up on outstanding balances, send client reminders, and support collections efforts in coordination with attorneys and the Account Management Team
  • ProcessA/R write-offsand maintain accurate WIP and A/R balance records
  • Set upnew timekeepersand maintain the firmsBilling Rate chart
  • Generate and prepareclient billing/payment history chartsas needed
  • Collaborate cross-functionally with theBilling Department,Attorneys,Executive Assistants, andClientsto support effective collections

What Youll Bring:

  • Minimum4 years of experiencein Accounts Receivable and Cash Receipts, preferably in alaw firm environment
  • Solid understanding ofA/R best practices, including collections, billing, and reconciliation processes
  • Proficiency withAderant, Microsoft Word,Excel, and Outlook
  • Strongwritten and verbal communication skillsand a collaborative,client-service mindset
  • Experience working withWIP and A/R balancesand navigating internal reporting systems
  • Exceptionalorganizational skillswith the ability to prioritize and manage competing deadlines
  • Willingness to workovertimeas needed


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