What are the responsibilities and job description for the Collections Specialist, Law Firm Exp. position at Plona Partners?
Firm: Globally Ranked Law Firm
Location: Midtown
Target Salary: $100,000 - $125,000
Onsite Schedule: 2/3 days a week
Position: Collections Specialist
Responsibilities/Essential functions:
- Facilitate daily collections operations, ensuring adherence to established procedures.
- Communicate effectively with clients regarding delinquent accounts, including preparing and sending collection communications and generating reminder statements promptly.
- Negotiate payment plans with clients to facilitate debt resolution.
- Conduct account reconciliations to maintain accurate financial records.
- Collaborate with attorneys to research, analyze, and resolve collections issues efficiently.
- Provide support to attorneys regarding their accounts receivables, fostering effective communication and problem solving.
- Develop a comprehensive understanding of billing functions and cross-train as necessary.
- Undertake additional billing duties and projects as assigned.
Education and Experience:
- Bachelor’s degree required, with a focus on Accounting or Finance preferred.
- 3-5 years of experience in client collections.
Knowledge, Skills and Abilities:
- Proficiency in Aderant or similar legal billing systems.
Salary : $100,000 - $125,000