Accounts Receivable Specialist

Sidley Austin•Chicago, IL

11d•$62,600 - $80,000•Hybrid

About The Position

The Accounts Receivable Specialist supports the Firm's collections process by managing a portfolio of client accounts, working closely with partners, clients, and Accounts Receivable Managers to resolve outstanding balances and maintain accurate records.

Requirements

Bachelor’s degree in a related field preferred. An equivalent combination of education and/or experience may be considered in lieu of the degree when the experience has been directly related to the functions of the job
Thorough working knowledge of Microsoft Outlook, Word, and Excel
Strong organizational skills
Strong attention to detail
Good judgment
Strong interpersonal communication skills
Strong analytical and problem-solving skills
Able to work harmoniously and effectively with others
Able to preserve confidentiality and exercise discretion
Able to work under pressure
Able to manage multiple projects with competing deadlines and priorities

Nice To Haves

Experience in law firm collections or billing
Experience with legal billing software (e.g., Aderant, Elite 3E, or similar)
Professional service firm experience in collections or billing
Demonstrated ability and familiarity with e-billing platforms (e.g., TyMetrix, Collaborati, BrightFlag).

Responsibilities

Handle a significant portfolio of Firmwide Client Collection responsibilities in addition to the AR portfolio of assigned attorneys.
Review and analyze accounts receivable aging.
Understand and follow the electronic billing life cycle process in order to take the appropriate actions to resolve accounts receivable.
Contact clients via frequent phone calls, emails, and formal letters to follow-up on status of unpaid invoices.
Negotiate, document, and arrange payment schedules.
Reconcile accounts and resolve billing discrepancies or disputes.
Coordinate with billing teams to resolve invoice errors or e-billing rejections
Generate and distribute AR aging reports to partners or management.
Use Firm’s collection system on a daily basis to identify collection follow-ups and to maintain accurate records of all collection activity and client communications.
Assist with special projects, including creating, formatting, and editing Excel spreadsheets.
Type statements and correspondences, including the preparation of charts and tables.
Perform other duties as assigned.