What are the responsibilities and job description for the Accounts Receivable Specialist position at London Fischer LLP?
Job Title: Accounts Receivable Specialist
Company: London Fischer
Location: 59 Maiden Lane, New York, NY 10038
Employment Type: Full-time
Company Overview:
London Fischer is a dynamic mid-sized law firm specializing in litigation and coverage law. Our team is dedicated to delivering outstanding legal services while fostering a positive and collaborative work environment.
Position Overview:
We are seeking a detail-oriented and experienced Accounts Receivable Specialist to join our law firm’s finance team. The ideal candidate will have a strong background in legal billing, accounts receivable, and collections, with experience handling billable hours and working with TABS (Time and Billing Software) as a plus.
Key Responsibilities:
- Manage the firm’s accounts receivable process, including invoicing, payment tracking, and collections.
- Prepare and distribute client invoices based on billable hours, ensuring accuracy and compliance with client agreements.
- Work closely with attorneys, paralegals, and support staff to verify time entries and billing details.
- Monitor outstanding balances, follow up on past-due accounts, and handle collections in a professional manner.
- Reconcile payments received via checks, wire transfers, and online payment platforms.
- Generate and analyze reports on billing, collections, and aging accounts receivable.
- Assist with billing adjustments, write-offs, and resolving client billing inquiries.
- Utilize TABS (Time and Billing Software) or other legal billing systems to track and manage financial transactions.
- Ensure compliance with firm policies, client guidelines, and industry regulations.
Qualifications:
- Experience in Accounts receivable or legal billing, preferably in a law firm.
- Strong understanding of billable hours, legal invoicing, and collections processes.
- Experience with TABS (Time and Billing Software) is a plus; familiarity with other legal billing platforms (e.g., Elite, Aderant, or Clio) is beneficial.
- Proficiency in Microsoft Excel and accounting software.
- Excellent communication skills, with the ability to interact professionally with attorneys, clients, and staff.
- Strong analytical skills and attention to detail.
- Ability to work independently and meet deadlines in a fast-paced environment.
Preferred:
- Associate’s or bachelor’s degree in Accounting, Finance, or a related field.
- Prior experience handling collections and resolving payment disputes.
Job Type: Full-time
Pay: $26.84 - $28.70 per hour
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Schedule:
- 8 hour shift
- Monday to Friday
Work Location: In person
Salary : $27 - $29