What are the responsibilities and job description for the Sr. Accounts Receivable Specialist position at King & Spalding LLP?
The Sr. Accounts Receivable Specialist will be responsible for processing daily deposits and related credits to accounts receivable and appropriate general ledger accounts; communicating with lawyers and billing analysts in identification of cash received for proper allocation against accounts receivable.
KEY RESPONSIBILITIES:
Import checks and ACHs into Firm's financial system.
Save reports daily from online banking, record relative information in cash logs and monthly reconciliation worksheet, and address any conflicting amounts.
Prepare and update Intranet reports.
Identify proper allocation for checks, wires, ACHs, and miscellaneous deposits.
Record and maintain specific elements in daily cash logs, following up with bank personnel on unidentified debits and credits.
Enter and post cash receipts in the financial reporting system, balance to deposit totals, and prepare daily cash report for the Intranet.
Follow up daily on any unallocated cash receipts.
Respond to inquiries from firm and client personnel.
Determine the status of payments from clients.
Research billing and payment history.
Run various reports to include account statements, aging reports, and payment histories.
Provide copies of checks for payments received.
Provide responses to client audit letter requests.
Process accounts receivable write-offs as authorized by billing lawyers or their designees, and by Billing Staff, Senior Revenue Analyst, and CFO.
Process write-offs upon receipt of specific authorization.
Communicate with Senior Revenue Analyst on automatic write-off of receivables over one year old.
Perform the billing and reconciliation of firm employee personal charges. This process involves interaction with Payroll staff as well as firm employees.
Electronically save all cash receipts and other workflow documentation in secure folders.
Work with Billing Staff in order to clear up (or prevent) billing and payment errors.
QUALIFICATIONS:
Strong work ethic and a great attitude.
Good planning and organizational skills to balance and prioritize work.
Detail oriented with the ability to apply policies and procedures to various situations.
Strong analytical and problem solving skills.
Good interpersonal skills and be able to interact well with all levels of personnel.
Able to communicate clearly and effectively, both in writing and orally.
Strong customer service mentality/disposition.
Good personal computer skills, typing proficiency, and the use of 10 key by touch for data entry.
Large ERP cash receipts application experience preferred (Aderant Expert a plus).
Law firm experience or similar professional services industry experience preferred.
Proficient in Microsoft Excel, Word, and Outlook.
College degree with an emphasis in Business preferred.
Minimum of 5 years of job-related experience.
Salary : $51,000 - $73,000
