Collections Analyst

Detroit, MI 48226

Posted: 11/25/2024 Employment Type: Temporary Job Category: 1 - Accounting & Finance Job Number: JO10001018 Pay Rate: $35.00

Job Description

 
VENTEON Finance is hiring a COLLECTIONS ANALYST to provide support in Downtown Detroit, MI. You will work on a team working to ensure the law firm gets paid for all services performed. Work with attorneys, clients and internal team to research and resolve payment concerns.

POSITION TYPE: Full time. In Office. Contract through June 2025
PAY: $30.00 to $40.00 based on level of experience with collections in the legal industry.


Requirements: of the Collections Analyst:
 
  • Bachelor s Degree is preferable. Some level of college education required.
  • Minimum 3 years of experience working in law office performing accounts receivable collections. Able to review and understand client matters in the system.
  • Proven ability to interface with all levels of management, attorneys, secretaries, other staff, and clients.
  • Excellent communication and analytical skills. Strong negotiation skills. Professional demeanor, able to collect while maintaining client relationships.
  • Strong computer skills with accounting systems, MS Excel, and Word. Familiarity with using electronic billing vendor websites.
  • Thorough knowledge of the Fair Debt Collections Practices Act and consumer collection laws.

Duties of the Collections Analyst:
  • Develop solid relationships with the Firm s clients and billing attorneys. Meet with attorneys monthly to assess and advance the collection of client accounts receivable. Assist attorneys with ongoing account receivable management and collection related projects, as requested or necessary.
  •  Manage the accounts receivable balances of assigned clients.
  • Perform preliminary analyses of credit and collection data, utilizing multiple software applications to prepare correspondence, tables, forms, charts and reports and drafting memos and recurring reports.
  • Will work closely with clients, and their support staff to understand any reasons for non-payment. Work with attorneys and their secretaries to research and resolve disputes,  provide backup documentation, resolve pricing or any other deduction issues.
  • Identifies accounts of increasing concern and escalates to managers when needed.
  • Attend negotiations and ensure any payment arrangements are communicated internally and followed up on.
  • Follow up, tracks and reports progress in the resolution of client collection problems.
  • Provides reports and analyses as requested.
  • Ensures collection efforts adhere to the legal requirements established by the Fair Debt Collections Practices Act and other applicable laws.
  • Monitor, suggest, and track progress on AR write-offs, including preparation of write-off paperwork for attorney and departmental management approval.
 
 
If you are a high performer and you think the above opportunity is appropriate for you, we invite you to apply to this job and email your resume to MLudwig@venteon.com

We treat all resumes with strict confidentiality. We will always contact you first before submitting your resume to our client(s) for review. If you do not receive correspondence, you are not a fit for this position.

At Venteon, our talent acquisition team is proud to provide our clients with the most qualified Accounting & Finance, Engineering, and IT talent in the industry today.
 
 
 
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