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Collections Assistant

Reed
Posted 5 days ago, valid for 24 days
Location

London, Greater London EC2V7NQ, England

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

info
  • My client, a US law firm, is seeking a Collections Assistant to join their busy team.
  • The ideal candidate should have a minimum of two years' experience in a legal environment, specifically in billing, VAT, disbursements, and collections.
  • This role is essential for maintaining efficient accounts receivable operations and ensuring timely payment collections within a legal setting.
  • The salary for this position is competitive, and the firm offers additional benefits including an 8% pension, paid overtime, and free meals.
  • The role requires proficiency in Microsoft Office, particularly Excel, and involves a mix of in-office and remote work.

My client a City US law firm are currently looking for a Collections Assistant to join their busy team. 

We are seeking a Collections Coordinator to join our dynamic team. This role is crucial for maintaining efficient accounts receivable operations and ensuring the timely collection of payments within a legal environment. The ideal candidate will have a strong background in legal billing, VAT, disbursements, and collections, and will be adept at managing multiple priorities in a fast-paced setting.

Day-to-day of the role:
  • Establish and maintain relationships to quickly gain knowledge about clients and departmental matters.
  • Assist the Senior Collections Coordinator in providing a comprehensive AR and collections function for the firm.
  • Generate timely reports for Partners and Clients regarding outstanding invoices.
  • Conduct regular reviews of AR comments to ensure they reflect the current status.
  • Participate in meetings with Billers, Partners, and fee earners to discuss AR and determine the most appropriate actions.
  • Assist with the e-billing and delivery of invoices.
  • Ensure the timely delivery and payment of bills.
  • Manage transfers of time/costs and write-offs.
  • Produce credit notes as necessary.
  • Regularly analyse client/matter information concerning archiving.
  • Keep Partners and fee earners informed about outstanding matters and invoices.
Required Skills & Qualifications:
  • Minimum of two years' experience in a legal environment, with exposure to billing, VAT, disbursements, and collections.
  • Knowledge of Solicitors Accounts Rules.
  • Experience with billing and collecting in foreign currencies.
  • Proficiency in Microsoft Office, especially Excel.
  • Experience using Elite 3E.
  • Excellent organisational and writing skills.
  • Ability to multitask, prioritise, and efficiently manage time.
  • Attention to detail and accuracy.
  • Ability to thrive in a high-pressure, fast-paced environment.
  • Flexibility to adapt to varying work situations and demands.
  • Availability to work additional hours as needed.

The role is 4 days in office with Friday working from home. 

The company have such competitive benefits such as 8% pension, paid overtime, free meals etc. 

Apply now in a few quick clicks

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.