Client Accounting Coordinator
Job Description
Job Description
POSITION: Law Firm Client Accounting Coordinator
ORGANIZATION: International Law Firm
LOCATION: New York, NY
HOURS: Monday – Friday, 9:30AM - 5:30PM
BENEFITS: Base salary to $95,000 and Well Paid Overtime, Plus Bonus. All Medical, Dental Vision Coverage; Generous Paid Time Off; 401K w/match; Transit; All firm Amenities and additional benefits discussed in your welcome package during onboarding.
KEY RESPONSIBILITIES:
- Perform client accounting and collection activities for assigned clients in a timely manner
- Monitor aging of unbilled fees for assigned partners and/or clients
- Monitor and manage outstanding accounts receivable, unapplied funds and collection efforts
- Meet with Accounting team to discuss monthly billing, outstanding invoices and strategy for collections
- Generate Proformas for each assigned partner at the beginning of each month, after the time entry deadline
- Prepare billing packages for each assigned partner (draft cover letters, invoices, etc.)
- Review Proformas for misallocated time and ensure time entries are in accordance with client policy
- Communicate new/changes in client policies to timekeepers
- Draft invoices based on partners’ mark-up, including: Write-offs, in accordance with firm policies/procedures
- Perform time entry narrative changes with respect to additions, corrections and deletions
- Verify client-specific rate accommodations and if necessary, apply approved discounts to the face of the invoices; keep track of volume discounts based on thresholds reached
- E-Billing and prepare electronic invoices in LEDES; submit electronic invoices to clients via their designated electronic billing system and verify successful submissions
- Track status of bills submitted, identify issues, and work to address rejections and reductions as they arise
REQUIREMENTS:
- Bachelor’s Degree required
- 2+ years of previous client billing or client billing accounting experience in a law firm or professional services organization
- Working knowledge of MS Office with emphasis on Word and Excel
- Experience with Elite Enterprise Electronic Billing System or Abacus or PROLAW or Lawson or Aderant or Clio
- Perform all job duties with a commitment to providing superior service to clients and attorneys while producing a high quality work product. The ability to multitask and prioritize.
- Outstanding interpersonal skills to work effectively within a team environment, as well as independently. The ability to adapt to new assignments and deadlines in a fast-paced, highly demanding environment is required.
- Noted opportunities to expand responsibilities, grow and progress within the Billing Services function are available for individuals based on strong performance and the desire to grow. The firm is noted as offering career growth, stability and security as one of the most desired law firms to work for in the world.
Experience and commitment is rewarded! Dynamic team focused on professional development and career support.
Company Description
Experience and commitment is rewarded! Dynamic team focused on professional development and career support.
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