Accounts Receivable Specialist

Sidley Austin LLPChicago, IL
Hybrid

About The Position

The Accounts Receivable Specialist assists the Firm's partners with the collection of past due accounts receivable. This position requires extensive contact with both partners and clients and works closely with Accounts Receivable Managers.

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 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
  • Professional service firm experience in collections or billing
  • Demonstrated ability and familiarity with using electronic billing vendor websites.

Responsibilities

  • Handle a significant portfolio of Firmwide Client Collection responsibilities in addition to the AR portfolio of the local office.
  • 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.
  • Use Firm’s collection system on a daily basis to identify collection follow-ups and to document collection statuses 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.
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