Accounts Receivable Specialist - Business to Business

Socotec - Dallas, TX

Full-time

Dallas, TX

Professional, Scientific, and Technical Services

About the position

The Accounts Receivable Specialist at SOCOTEC is responsible for managing a portfolio of receivable accounts within the legal or consulting industry. This role involves maintaining professional relationships with clients to ensure prompt resolution of billing concerns, conducting collections research, and collaborating with project managers and the finance team to manage accounts receivable effectively.

Responsibilities

• Preparing Aging reports in Excel for management
• Monitor and analyze AR aging reports to identify outstanding balances and initiate timely follow-up with clients
• Working closely with a Billing Coordinator to maintain billing/collection folders for assigned projects with all the appropriate documents including proposals, monthly client invoices, correspondence, and updates
• Collaborate with project managers and clients to resolve any billing discrepancies or issues
• Reviewing proposals/contracts
• Issuing client account statements monthly
• Contacting clients regarding past due payments
• Updating accounting records in Deltek with payments, balances, client information and collections notes
• Work closely with the finance team to accurately record and report on AR data
• Provide Legal with all documentation necessary for the demand letter
• Perform weekly and monthly reporting, ad-hoc analysis and assist with special projects related to client receivables
• Track the due dates for all assigned cases and follow up with stakeholders to drive cases to closure
• Perform all other duties as assigned by your supervisor or manager

Requirements

• Legal or Litigation Consulting Industry experience strongly preferred
• Excellent communication and interpersonal skills
• Strong attention to detail and organizational skills
• Self-motivated and able to prioritize and manage multiple tasks efficiently
• Strong computer skills, proficiency with Excel and Word
• Experience using Deltek is a plus
• Ability to work collaboratively with cross-functional teams, meet deadlines and respond to changes in priorities
• Adaptive to changing processes, improvements, and new tasks
• Bachelor's degree in accounting, finance, or related field preferred

Benefits

• Competitive benefits package
• Mentorship program
• Continuing education support
• Inclusive company culture