Accounts Receivable Specialist

$55,000 - $75,000/Yr

Century Group - Los Angeles, CA

Full-time

Los Angeles, CA

Administrative and Support Services

About the position

The Accounts Receivable Specialist will play a crucial role in managing the accounts receivable process for our client, contributing to the development of best practices for collections and A/R management. This hybrid position requires a proactive approach to streamline and improve processes, ensuring timely and accurate collection of payments. The specialist will evaluate delinquent accounts, prepare non-collection risk reports, and propose effective resolution strategies to mitigate financial risks. Additionally, the role involves preparing and monitoring A/R dashboards and reports, including aging, reconciliation, and collections reports, to provide insights into the financial health of the organization. In this position, the Accounts Receivable Specialist will be responsible for the daily processing and posting of client payments into the billing system. This includes processing appropriate credits, write-offs, and discounts on client invoices. Collaboration with the billing team and attorneys is essential to resolve any billing and collections issues that may arise, ensuring a smooth and efficient accounts receivable process. The ideal candidate will possess strong analytical skills and the ability to communicate effectively with various stakeholders to facilitate timely collections and maintain positive client relationships.

Responsibilities

• Contribute to the development of best practices for collections and A/R management to streamline and improve processes.
• Evaluate delinquent accounts, prepare non-collection risk reports, and propose resolution strategies.
• Prepare and monitor A/R dashboards and reports, including aging, reconciliation, and collections reports.
• Responsible for daily processing and posting of client payments into the billing system.
• Process appropriate credits, write-offs, and discounts on client invoices.
• Collaborate with the billing team and attorneys to resolve billing & collections issues.

Requirements

• Bachelor's degree in Business Admin, Accounting, Finance or related field preferred.
• 4+ years of experience in AR/Collections or related field required.
• Law firm or professional services experience preferred.
• Proficient with Microsoft Office Suite (Excel) and other applications (Adobe Acrobat).
• Capable of multitasking and meeting deadlines in a fast-paced office environment.
• Excellent attention to detail and accuracy of work performed.
• Strong written and verbal communication skills.