Accounts Receivable Analyst
Chicago
$80,000 – $100,000 + bonus and benefits

The Company

An Accounts Receivable Analyst role is available for this world leading Law firm who has developed an enviable reputation for advising world-leading corporate and financial institutions across some of the world’s leading companies and financial institutions including a significant number listed on the Fortune 100, FTSE 100 and DAX. Covering a broad range of practices including Banking & Finance, Capital Markets, Intellectual Property, Joint Ventures & Strategic Alliances, Mergers & Acquisitions and Real Estate, the business operates across Asia, the Americas and Europe. This is an exciting opportunity to be part of a collaborative and diverse organisation. This is a key role where you can manage a portfolio of Firm partners, ensuring timely and effective recovery of outstanding payments from clients.

Key Responsibilities of the Accounts Receivable Analyst

• Implements effective collection strategies that ensure timely collection of payments from clients
• Fosters positive relationships with partners, clients and internal stakeholders to facilitate effective collaboration and resolution of collection issues
• Proactively follows up, conceives solutions and solves problems
• Provides reports, analyses, and recommendations to partners
• Serves as a point of contact for clients on payment inquiries, disputes and overdue balances
• Collaborates with billing and other administrative teams to address billing inquiries and disputes
• Effectively utilizes the Firm’s financial systems and software for tracking collections, noting statuses, updating contact information and generating reports
• Maintains strong records of commentaries on collection efforts and statuses
• Prepares and presents regular reports on collection performance, aging reports and other metrics
• Ensures compliance with Firm policies, legal requirements and client agreements
• Identifies opportunities for process improvements and efficiencies in the collection process
• Regularly reconciles accounts and resolves discrepancies to ensure accurate and current records
• Meets collection targets
• Assists with special projects and other tasks as assigned

Skills & Attributes of the Accounts Receivable Analyst

• Bachelor’s degree in Accounting, Finance, Business or related field is preferred
• You will need to have a minimum two years collections experience, ideally within the professional services sector
• Proficiency in Microsoft Office Suite products with experience of data analysis and use of PowerBI
• Evidence of providing exemplary service and upholding high standards of excellence
• Skilled in cultivating strong relationships and fostering trust among partners, clients and colleagues
• Demonstrate a high attention to detail when pursuing payments, documenting actions and maintaining records
• Show confidence in pursuing payments, navigating negotiations, upholding Firm policies and effectively escalating issues

Follow us on LinkedIn for up-to-date industry news and our latest vacancies: https://www.linkedin.com/company/harcourt-matthews/ and https://harcourtmatthews.com/blog/

Applications can only be considered from those eligible to live & work in the USA without restriction.

Harcourt Matthews is acting as an Employment Agency in relation to this vacancy. Our divisions include: Legal Operations (Legal Tech and Legal Project Management, LPM, Operations Project Managers, Change, Innovation and Process Improvement); Accounting & Finance (Part and fully qualified Accountants); Pricing & Strategy; Pfi/PPP & FM.

Harcourt Matthews is committed to diversity and inclusion. We value and encourage applications from all ethnicities and welcome everyone regardless of social background, disability, gender identity, and orientation. Diversity benefits us all and challenges our assumptions.

Keywords: collections, credit control, AR, Accounts receivable, analyst, coordinator, law, legal, LLP

Ref: BHJOB3543_5896