Specialist, Accounts Receivable at Goodmans LLP – Toronto, Ontario

Goodmans LLP is internationally recognized as one of Canada’s leading and most innovative law firms. We offer market leading expertise in M&A, corporate, securities and finance, private equity, real estate, tax, restructuring, litigation and other business-related specialties.

What makes Goodmans a great place to work? Knowing you are part of a team that will ensure you feel valued, connected and supported. We are committed to fostering a dynamic and engaging culture that values diversity, equity and inclusion. If you are looking for a challenging and rewarding opportunity, then this is the place for you. Join us and put yourself in good company!

We are looking for a full-time Specialist, Accounts Receivable. As a key member of the Collections team, you will be reporting to the Team Leader, Accounts Receivable. In this role, you will build relationships with lawyers, clients and firm members to ensure timely billing of our WIP and collection of accounts receivable.

Key Responsibilities:

• Build relationships with lawyers and develop insight and knowledge of lawyers’ practices and billing cycles
• Work with lawyers, firm members and management to ensure timely billing of WIP
• Proactively meet with lawyers to review and address aged WIP and accounts receivable
• Identify high risk clients and work with Team Leader, Accounts Receivable and management to minimize exposure risk
• Accountability for meeting the billing and collections targets and providing analysis and explanation of unavoidable delays in billings and collections
• Communicate with clients with tact and diplomacy to resolve payment delays and escalate unresolved issues appropriately
• Make recommendations to resolve queries with aging WIP and accounts receivable
• Prepare financial analysis for special billing and payment arrangements
• Prepare and send out specific packages to clients
• Prepare accounts receivable reconciliations
• Maintain status notes on all systems
• Complete special projects as requested, and other duties as assigned

Requirements:

• A college diploma or equivalency
• A designation is not required
• 3-5 years of relevant experience within a professional services environment
• Working knowledge in MS Office applications including Word, Outlook, Excel, PowerPoint, Teams and Adobe
• Proficiency in accounting software, including ARCS and 3E preferred.
• Well-versed in industry standard credit and collection policies, systems and controls;
• Discretion, confidentiality and attention to detail are essential
• A team player who takes initiative and works well independently
• Excellent written & verbal communication skills
• Demonstrates excellent client service and ability to anticipate client needs

We Offer:
We’re proud to offer a workplace that’s both supportive and rewarding. When you join our team, you can look forward to:

• Competitive compensation that recognizes the value you bring to our team. For this role, the anticipated annual salary range is $65,000 - $75,000, commensurate with skills, experience and qualifications;
• Comprehensive benefits package that includes health, dental, vision, retirement savings, vacation and additional perks; and
• Continuous learning and professional development opportunities to support with your growth and career goals.

This opportunity is in respect of an existing vacancy. We may use artificial intelligence (AI) tools to assist with certain aspects of our recruitment efforts. Final hiring decisions are made by the Human Resources team in collaboration with the relevant manager.

Goodmans LLP is committed to cultivating a diverse and inclusive workplace that reflects different abilities, backgrounds, beliefs, experiences, identities and perspectives. Goodmans LLP invites applications from all qualified candidates. For applicants with disabilities requiring accommodation at any point in the recruitment process, please contact HR@goodmans.ca.