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Confidential

Collections Specialist

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What they do

A Collections Analyst communicates with clients to provide support and follows up on outstanding payments. Prepares and reviews reports about collection accounts and monitors collection of over-due accounts. May also analyze credit risk and recommend credit extension.

$54,720 / year median in New Jersey

-6% projected decline

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Job Description

Collections Specialist Confidential Roseland, NJ Job Details Full-time $75,000 - $90,000 a year 9 hours ago Benefits Profit sharing Paid holidays Health insurance Dental insurance 401(k) Paid time off Vision insurance 401(k) matching Life insurance Qualifications Microsoft Excel Microsoft Outlook Writing skills Filing Law office experience Collections account management Full Job Description Connell Foley LLP, a Roseland, NJ headquartered law firm, is seeking a collections specialist based in that office. This position within the accounting department will be reporting to the Controller. Qualified candidates would have at least 5 years' experience in accounts receivable management and collections efforts. Law firm (or other professional services) industry experience would be a plus. This position works closely with our billing attorneys, their legal assistants and clients and as well as other Finance Team staff, thus this candidate must be comfortable communicating with partners of the firm as well as clerical staff. This position also entails working closely with clients to help facilitate timely payments and pay old debt. Qualified candidates should enjoy working independently as well as being part of a cohesive team. Candidates should have solid writing and verbal communication skills. Daily use of Excel and Connell Foley financial systems (3E, Iridium, nQzw, Intapp, etc.) will be essential to completing tasks efficiently. Mastered skills with Microsoft Office (Outlook, Excel & Word) is expected upon arrival from experience. Essential Job Functions Almost daily interaction with administrative leadership (COO or CFO) on tasks and assignments Initiates collection efforts on past due accounts, including communication with clients via telephone and/or email in order to monitor and collect funds owed Assists with client inquiries in regard to billing Provide collections support to assigned Partners Follow up on aged accounts receivables Prepare various reports for clients and partners in connection with AR Prepares monthly and year end collection reports Generates and mails monthly reminder statements Maintains thorough, well-organized accounts receivable files Work closely with accounting staff on cash applications, duplicate payments and use of monies held in trust Records all communications in the document management system (iManage) Salary range is $75k-$90k Overall compensation package includes excellent time off (including at least twelve (12) paid holidays annually), medical, dental and other benefits, as well as matching and profit-sharing benefits within the 401(k) plan. Established in 1938, Connell Foley is an Equal Opportunity Employer and a full-service law firm of approximately 140 lawyers and offices across multiple offices throughout the Mid-Atlantic region. Connell Foley provides a broad range of legal services that involve both established and emerging areas of law, with strengths in litigation, corporate, real estate and land use, and sophisticated tax and estate planning. Renowned for its commitment to exceptional client service and practical, results-oriented solutions, Connell Foley has built a reputation for legal excellence and innovation.
Job Type:
Full-time Pay:
$75,000.00 - $90,000.00 per year
Benefits:
401(k) 401(k) matching Dental insurance Health insurance Life insurance Paid time off Vision insurance
Work Location:
In person

Benefits

  • Paid Time Off (PTO)
  • 401(k) Plans
  • Employee Stock Options (ESOs)
  • Health Insurance