Senior Collections Coordinator
Cooley is seeking a Senior Collections Coordinator to join the Accounting & Finance team.
Position summary: Responsible for collection of client accounts receivable following established firm and generally accepted accounting procedures. Specific duties and responsibilities include, but are not limited to, the following:
Position responsibilities: - Collections, including contacting clients directly for payment of outstanding bills and keeping responsible attorney abreast of potential collection problems
- Research client payment histories and determine if any special payment agreements exist
- Work with client in the management of their accounts. Provide billing and payment advice
- Analyze and prepare historical collection trend analysis
- Monitor payment plans, both under headings of Promissory Notes and informal plans outlining specific payment terms and dates, as well as checking for retainers for new work when so stated in note or plan
- Identify receivables to either write-off or transfer to suspense and gather necessary information to proceed with further collection actions, when warranted
- Refer matters to our Bankruptcy Partner in charge for further collection action
- Obtain approvals for Accounts Receivable write-offs and transfers to suspense and process accordingly
- Review payment reconciliations for specific general ledger accounts when they are required
- Preparation of historical billing and payment schedules for attorneys and clients
- Firm wide training related to collection pages
- All other duties as assigned or required
Skills and experience: Required:
- 4+ years previous collections experience
Preferred:
- Prior 3E experience
- Bachelor's Degree with an emphasis in accounting
- Prior law firm experience
Competencies: - Excellent written and oral communication skills, including business-like telephone and email manners
- Possess sound judgment
- Ability to work independently and under pressure
- Excellent follow-up
- Ability to interact and work well with clients and co-workers
The expected hourly pay range for this position with a work schedule of 40 hours per week is $43.50 - $64.00 ($90,480.00 - $133,120.00 annually). Please note that final offer amount will be dependent on geographic location, applicable experience and skillset of the candidate.
We offer a full range of elective benefits including medical, health savings account (with applicable medical plan), dental, vision, health and/or dependent care flexible spending accounts, pre-tax commuter benefits, life insurance, AD&D, long-term care coverage, backup care for children and/or adults and other parental support benefits. In addition to elective benefit options, benefited employees receive firm-paid life insurance, AD&D, LTD, short term medical benefits as well as 20 days of Paid Time Off ("PTO") and 10 paid holidays each year. We provide generous parental leave and fertility benefits. New employees will attend a detailed benefit orientation to learn more about our many benefits and resources.
