Liberty Personnel Services, Inc. · 5 days ago
Accounts Receivable Manager
Philadelphia, PA
Full-time
Hybrid
Mid, Senior Level
$100K/yr - $125K/yrLiberty Personnel Services, Inc. is a recruiting firm seeking an Accounts Receivable Manager for a law firm. The role involves overseeing billing, collections, and cash application processes while maintaining client relationships and optimizing cash flow.
B2BConsultingHuman ResourcesInformation TechnologySmall and Medium Businesses
Hiring Manager
Dan Urban
Responsibilities
Lead, mentor, and manage the Accounts Receivable and Collections team, including delegation of tasks, performance evaluations, and training
Set and monitor team goals and KPIs (e.g., Days Outstanding, Collection Realization Rate)
Develop, implement, and enforce firm-wide billing and collections policies and procedures
Oversee the entire client billing cycle, ensuring invoices are prepared accurately, adhere to client agreements, and are distributed promptly
Work with attorneys to manage complex billing arrangements, including flat fees, contingency, and blended rates
Ensure compliance with all ethical and regulatory requirements regarding client trust/IOLTA accounts
Develop and execute comprehensive collections strategies for a portfolio of accounts
Proactively follow up on overdue accounts with clients and/or opposing counsel in a professional manner to facilitate timely payment
Serve as the primary point of contact for resolving complex client billing and payment disputes while preserving the attorney-client relationship
Oversee the accurate and timely application of cash receipts to client accounts
Manage write-offs, credit balances, and recommended bad debt reserves
Prepare and analyze AR aging reports, providing regular, detailed status updates and collection forecasts to firm leadership and billing partners
Facilitate monthly or bi-weekly AR review meetings with billing attorneys and partners to discuss aging balances and strategize collection efforts
Analyze trends in payment delays and recommend process improvements to accelerate cash conversion
Assist with month-end and year-end close processes, reconciliations, and internal/external audits
Identify opportunities to streamline and automate AR and collections workflows using legal billing and accounting software
Maintain and optimize the firm's legal billing and collection systems (e.g., Elite, Aderant, 3E etc.)
Ensure that all collection activities comply with relevant legal and financial regulations
Qualification
Required
Prior/current law firm industry experience is 100% required!
Progressive experience in Accounts Receivable, including management/supervisory experience
Prior experience in a law firm is highly required
Expert proficiency with legal billing software (e.g., Aderant, Elite, 3E, Juris, etc.)
Advanced proficiency in Microsoft Excel (pivot tables, complex formulas, data analysis)
Strong understanding of accounting principles (GAAP) as they relate to accounts receivable and revenue recognition
Preferred
Bachelor's degree in Accounting, Finance, or a related field
Company
Liberty Personnel Services, Inc.
Liberty Personnel is widely recognized as the finest direct placement and contract recruiting firm in the region.
Founded in 2003
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Chuck LaBenski
Co-Founder, Talent Acquisition Specialist/ Trainer
Stephen Moore
Vice President
Recent News
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