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Collections Specialist
Frost Brown Todd LLC Cincinnati, OH
$38k-48k (estimate)
Full Time | Banking 1 Week Ago
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Frost Brown Todd LLC is Hiring a Collections Specialist Near Cincinnati, OH

Frost Brown Todd LLP, a national law firm of 1000 legal and business professionals in seventeen markets, is currently seeking a full-time Collections Specialist to join our firm.

Job Responsibilities Include:

  • Analyzing accounts receivable on a client and matter level, working closely with Billing Attorneys, reaching out to Client contacts to ensure timely payments of outstanding invoices, successfully resolving difficult-to-collect receivables and providing firm management with information and action plans regarding Client payment trends, risks and challenges.
  • Making outbound collection calls in a professional manner while maintaining and improving customer relations.
  • Resolving client-billing problems and rescuing accounts receivable delinquency, applying good customer service in a timely manner.
  • Identifying issues attributing to account delinquency and discussing them with management.
  • Reviewing and monitoring assigned accounts and all applicable collection reports.
  • Handling various correspondence to clients to encourage payment of delinquent accounts, which include but are not limited to phone calls, mailing reminder statements, faxes and email correspondences on a monthly and as needed follow-up basis while maintaining a professional representation of the firm.
  • Regularly communicating with attorneys regarding efforts and status of past due accounts. Working cooperatively and creatively with attorneys to collect past due accounts as effectively as possible.
  • Building effective working relationships with Client Accounting/E-Billing and Accounts Receivable departments and team members; interacting closely with the Accounts Receivable team to ensure timely and accurate postings of client payments and resolution of same.
  • Recording information about the financial status of clients and the status of efforts in the collection module.

Job Requirements:

  • High School Diploma or equivalent.
  • A minimum of 1 year of collections experience including interaction with a large customer base.
  • Strong communication skills needed – both oral and written.
  • Excellent problem solving and analytical skills are required.
  • Ability to work independently and to adapt to a fast-changing environment.
  • Proficiency in Microsoft Office including Excel, Word and Access.
  • Knowledge of Aderant Software is needed.
  • Must possess an understanding of math, finance and billing cycles.
  • Must have attention to detail with an eye for accuracy.
  • Creative, self-disciplined and capable of identifying and completing critical tasks independently and with a sense of urgency.

Frost Brown Todd offers a competitive salary and a comprehensive benefits package including medical, dental, vision, life, disability, and 401k/profit sharing retirement package.

In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification form upon hire.

Frost Brown Todd is fully committed to equality of opportunity in all aspects of employment. It is the policy of Frost Brown Todd to provide equal employment opportunity to all employees and applicants without regard to race, color, religion, national or ethnic origin, military status, veteran status, age, gender, gender identity or expression, sexual orientation, genetic information, physical or mental disability or any other protected status.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Banking

SALARY

$38k-48k (estimate)

POST DATE

06/10/2024

EXPIRATION DATE

08/08/2024

WEBSITE

frostbrowntodd.com

HEADQUARTERS

ANNAPOLIS, MD

SIZE

500 - 1,000

FOUNDED

2011

TYPE

Private

CEO

JAMES WAKEFIELD

REVENUE

<$5M

INDUSTRY

Banking

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About Frost Brown Todd LLC

Frost Brown Todd is a law firm that practices in the areas of immigration, insurance regulation, investment management and business litigation.

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The job skills required for Collections Specialist include Customer Service, Billing, Accounts Receivable, Problem Solving, Accounting, Microsoft Office, etc. Having related job skills and expertise will give you an advantage when applying to be a Collections Specialist. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Collections Specialist. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Collections Specialist positions, which can be used as a reference in future career path planning. As a Collections Specialist, it can be promoted into senior positions as a Collections Representative III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Collections Specialist. You can explore the career advancement for a Collections Specialist below and select your interested title to get hiring information.

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If you are interested in becoming a Collections Specialist, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Collections Specialist for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Collections Specialist job description and responsibilities

Collections Specialists are generally responsible for managing and collection all the outstanding accounts receivables form clients and customers.

02/26/2022: New York, NY

Collections specialists are responsible for managing overdue accounts for an organization.

12/16/2021: Port Arthur, TX

They prepare official receipts and coordinate with account payable specialists from other companies with pending payables.

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remind the clients for the overdue payment

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Contact clients for overdue outstanding payment

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Collections Specialist jobs

Build an optimized Collections Specialist resume quickly and easily using administrative skills.

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Collections specialists must be able to approach each conversation as a fresh start without carrying over any emotions from previous calls.

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These more advanced collection specialists must know, understand, and follow federal guidelines for these actions.

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Learn excellent knowledge of billing procedure

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Relevant work experience as a Collections Specialist are prefered

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Step 3: View the best colleges and universities for Collections Specialist.

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