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Accounts Receivable Specialist in Chicago, Illinois at Sidley Austin LLP

NewHybridSalary: $62600 - $80000Industry: LegalJob Function: Accounting/FinanceEmployment Type: Full-Time
Sidley Austin LLP
Chicago, Illinois, 60603, United States
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Job Description

Accounts Receivable Specialist

The Accounts Receivable Specialist assists the Firm's partners with the collection of past due accounts receivable. This position requires extensive contact with both partners and clients and works closely with Accounts Receivable Managers.

  • Handle a significant portfolio of Firmwide Client Collection responsibilities in addition to the AR portfolio of the local office.

  • Review and analyze accounts receivable aging.

  • Understand and follow the electronic billing life cycle process in order to take the appropriate actions to resolve accounts receivable.

  • Contact clients via frequent phone calls, emails, and formal letters to follow-up on status of unpaid invoices.

  • Negotiate, document, and arrange payment schedules.

  • Use Firm's collection system on a daily basis to identify collection follow-ups and to document collection statuses Assist with special projects, including creating, formatting, and editing Excel spreadsheets.

  • Type statements and correspondences, including the preparation of charts and tables.

  • Perform other duties as assigned.

Education and/or Experience:
Required:

  • Bachelor's degree in a related field preferred. An equivalent combination of education and/or experience may be considered in lieu of the degree when the experience has been directly related to the functions of the job

  • Thorough working knowledge of Microsoft Word and Excel

Preferred:

  • Experience in law firm collections or billing

  • Professional service firm experience in collections or billing

  • Demonstrated ability and familiarity with using electronic billing vendor websites.

Other Skills and Abilities:
The following will also be required of the successful candidate:

  • Strong organizational skills

  • Strong attention to detail

  • Good judgment

  • Strong interpersonal communication skills

  • Strong analytical and problem-solving skills

  • Able to work harmoniously and effectively with others

  • Able to preserve confidentiality and exercise discretion

  • Able to work under pressure

  • Able to manage multiple projects with competing deadlines and priorities


#LI-Hybrid
#LI-GK1

The target salary range for this role is:

$62,600 $80,000 if located in Illinois

Salaries vary by location and are based on numerous factors, including, but not limited to, the relevant market, skills, experience, and education of the selected candidate. Our compensation package also includes bonus eligibility and a comprehensive benefits program. Benefits information can be found at Sidley.com/Benefits.

To perform this job successfully, an individual must be able to perform the Duties and Responsibilities above satisfactorily and meet the requirements. The requirements listed above are representative of the minimum knowledge, skill, and/or ability required. Reasonable accommodations will be made to enable individuals with disabilities to perform the essential functions of the job. If you need such an accommodation, please email sidleytalentacquisition@sidley.com (current employees should contact Human Resources).

Sidley Austin LLP is an Equal Opportunity Employer.

About Sidley Austin LLP

1866

Founded

3,300

Employees

law practice

Industry

Chicago, Illinois

Headquarters

Overview

Sidley Austin LLP is a prominent American multinational law firm founded in 1866 and headquartered in Chicago. With approximately 2,300 lawyers across 21 offices in North America, Europe, Asia, and Australia, it ranks as...

Job Location

Chicago, Illinois, 60603, United States

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