Credit Control Coordinator - Ensure Timely Collection of Firm Receivables at a Top Global Law Firm
H1: Credit Control Coordinator at a Top Global Law Firm - Ensure Timely Collection of Firm Receivables
H2: Join the Finance Team at Ropes & Gray and Help Maximize the Firm's Revenue
Overview:
- Work with a group of specified lawyers and clients to expedite collection of the firm's accounts receivable balances.
- Proactively address aged receivables and suggest action plans for resolution.
- Communicate with Finance Management, Partners, and Billing to understand issues that may result in delays in payment or poor realization of firm receivables.
- Coordinate the resolution of billing issues, particularly involving electronic billing reductions.
- Utilize firm standard software to identify and prioritize accounts for follow-up and monitoring.
- Assist with preparation of monthly reports on top inventory items.
- Respond to inquiries from clients, lawyers and secretaries related to receivables levels and cash receipts.
- Coordinate write-offs of aged or otherwise uncollectible invoices.
- Respond to audit requests.
- Facilitate accuracy in cash targets/forecast by communicating with Billing, Billing Lawyers and financial managers.
- Work on multiple special projects as needed.
Qualifications:
- Minimum Associates degree in Business, Accounting or Finance, or equivalent work experience required, higher degree preferred.
- Minimum two years experience with professional services time and billing software.
- Minimum two years experience with professional services inventory management software.
- Minimum two years experience in a professional services environment working in a Finance department collections role.
- Demonstrated proficiency with Excel spreadsheets.
- Excellent verbal, written, negotiation and interpersonal skills.
- Demonstrates exemplary customer service.
- Assertive, proactive, courteous and professional.
- Prioritizes, handles multiple tasks simultaneously and is flexible.
- Has a keen eye for detail and can readily identify issues that will impede a process.
- Demonstrates initiative, an analytical thought process, critical thinking and a consistent ability to identify and communicate opportunities to improve existing processes.
- Accurate and timely with completion of all tasks.
- Thorough and follows through on assigned projects and tasks.
- Works in a team environment and collaborates with others across the firm.
- Works effectively with multi-office responsibility as well as a culturally and educationally diverse environment.
Compensation and Total Rewards Package:
- Comprehensive Total Rewards package offered.
- Comprehensive health and well-being benefits.
- Personal and professional development opportunities.
- Career growth opportunities.
- Collegial and supportive culture.
- Anticipated pay range for this role listed below.
- Discretionary bonus based on performance.
- Actual offered rate will be determined based on job-related, non-discriminatory factors.
Salary Information:
- Boston, Chicago, Washington, , Los Angeles: $63,700 - $92,350.
- New York: $66,700 - $96,700.
- San Francisco: $69,700 - $101,150.
Working Conditions:
- Hybrid on-site presence required as an essential function of the role.
- Consistent and predictable on-site presence required for ongoing business continuity, professional development and effective collaboration with colleagues and management.
Join the Finance Team at Ropes & Gray, a Top Global Law Firm:
- Ensure timely collection of firm receivables.
- Work with top lawyers and clients to expedite collections.
- Proactively address aged receivables.
- Utilize firm standard software for efficient follow-up and monitoring.
- Assist with monthly reports on top inventory items.
- Respond to inquiries from clients, lawyers and secretaries.
- Coordinate write-offs of aged or uncollectible invoices.
- Facilitate accuracy in cash targets/forecast.
- Work on special projects as needed.
- Competitive salary and comprehensive Total Rewards package.
- Hybrid on-site presence required.
- Opportunity for personal and professional development.
- Collegial and supportive culture.
- Equal opportunity employer.
