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Senior Collector

Clifford Chance
United States, New York, New York
375 9th Avenue (Show on map)
Feb 24, 2025

Job Description

Clifford Chance US LLP is seeking a full-time Senior Collector to join the Finance team. This role will have critical responsibilities related to the collection of the Firm's Accounts Receivable portfolio. The scope of the role requires strong skills in customer service, decision making, relationship building, and communication. This individual will have a high degree of face-to-face interaction with lawyers and other business professionals and will be expected to work in an advisory capacity. This role will be located in our New York office and will report to the Collections Manager.

The Role

Key Responsibilities:

  • Analyze and resolve monthly account reconciliation reports for assigned partners and actively follow up on all outstanding invoices per Firm policy.
  • Run monthly accounts receivable reports in GPMS and document all collection efforts using the Firm's Collection software i.e., Access, FIS Global-which will be replaced by Fulcrom Finance going forward.
  • Proactively engage with billing attorneys monthly to discuss their accounts receivable reports, determine the best course of action for collection follow-up and update assigned Partners and Supervisor on all collection activity.
  • Identify and oversee the collection of client account balances that may be "at risk." Work with Partners, Clients, Management, Collections Manager, and other team members to ensure those receivables are resolved and/or escalated in a timely manner.
  • Correspond with clients daily by email or phone regarding payment, providing copies of invoices, spreadsheets, and account information as needed.
  • Routinely communicate with Management, Collections Manager, Billing Coordinators, and attorneys to understand issues that may result in delays in payment or poor realization of Firm receivables.
  • Document collection efforts and any e-billing payment notifications received and keep a record of client contact information using the Firm's Collection software.
  • Work with Accounts Receivable department to resolve unapplied cash, making daily collection calls to clients, to get the proper allocation instructions.
  • Assist with cash receipts reconciliation for unidentified payments and pulling back-up files.
  • Prepare, update and format spreadsheets for clients and generate various reports.
  • Document the status of invoices scheduled to roll into auto-provision each month on a weekly basis for distribution to upper management.
  • Prepare and execute write-off forms according to authorization guidelines.
  • Track, log and maintain e-billing invoices using various portals to identify any open balances for processing fees, disputes, or adjustments taken by the client.
  • Prepare and distribute collection letters and statements of account with strong attention to detail.
  • Facilitate accuracy during calendar and fiscal year-end cash targets/forecasts by communicating with the Collections Manager about issues that will impact collection of inventories before month-end close.
  • All other assignments and projects assigned by the Collections Manager.

Clifford Chance US LLP offers a comprehensive benefits and compensation package. The salary range for this role is $90,000 - $120,000. The actual salary will be commensurate with the candidate's qualifications and relevant experience.

Qualifications

Your experience

  • Bachelor's degree in business, Accounting or Finance preferred.
  • 3+ years of related Collections experience in a law firm environment required.
  • Proven track record of providing superior client service while building a strong rapport at all levels of an organization with both internal and external clients.
  • Ability to work under pressure and demonstrate flexibility with competing demands of internal and external clients.
  • Must be a strategic, analytical thinker with strong critical thinking and problem-solving skills.
  • Excellent time management, organizational and interpersonal skills.
  • Strong written and verbal communication skills.
  • Must be detailed oriented with the ability to readily identify issues that could impede processes while taking the initiative to provide solutions.
  • Must have strong experience with Excel to analyze and organize data efficiently.
  • Strong computer skills and proficiency in MS Office, Adobe Acrobat with the strong ability to quickly learn and adapt to new technologies and applications.
  • Ability to work independently in a fast-paced, team environment with minimal supervision.
  • Must comply with the Firm's Agile Working Policy, which requires employees to work from the office at least three days per week.
  • Must be independently authorized to work in the United States.

Company Description

Who we are

We are one of the largest international law firms in the world. With over 30 offices across the globe, we strive to exceed the expectations of our clients, providing them with the highest-quality advice and legal insight, which combines the firm's global standards with in-depth local expertise.

Our firm, work and people span jurisdictions, cultures, and languages. We offer our clients a truly international perspective. We believe every career should be rewarding and stimulating - full of opportunities to learn, thrive, and grow. That's why we're so proud of our inclusive, friendly, and team-based approach to work.

Our one firm global strategy is focused on targeted growth led by the needs of our core clients, those who we can best support with the breadth and depth of Clifford Chance expertise, across the sectors and geographies, which matter most to them.

You'll find our clients in commercial and industrial sectors, the financial investor community, governments, regulators, trade bodies, and not-for-profit organisations. But no matter who they are or why they've reached out to us, we provide a world-class service every step of the way. And that's possible thanks to the entrepreneurial spirit and conscientious approach to work that you'll find across all of our teams.

Whichever area of the business you join, you'll become an integral part an innovative, diverse and ambitious team of people. Clifford Chance is a place where the brightest minds and the best of colleagues meet.

Additional Information

Equal Opportunities

At Clifford Chance, we understand that our true asset is our people. Inclusion is good for our team and their families, our firm and society.

We are committed to treating all employees and applicants fairly and equally regardless of their gender, gender identity and expression, marital or civil partnership status, race, colour, national or ethnic origin, social or economic background, disability, religious belief, sexual orientation, or age. This applies to recruitment and selection, terms and conditions of employment including pay, promotion, training, transfer and every other aspect of employment.

We have a variety of flourishing employee networks. These networks are a place for colleagues to share experiences and advocate for change wherever they see an opportunity for improvement.

Our goal is to deliver an equality of opportunity, an equality of aspiration and an equality of experience to everyone who works in our firm.

Find out more about our inclusive culturehere

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