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Senior Billing Specialist

Plona Partners
Mundelein, Illinois Accounting Today
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Job description

Job Description

Ranking: AmLaw200

Position: Senior Billing Specialist

Environment: Eite 3E or Elite or Aderant

Salary: $95,000 - $125,000 Depending on Experience, with Overtime and additional BONUS

Location: New York, NY


With an international presence, they focus on several key industries, including private equity; asset management; life sciences and health care; investment banking; technology, media, and telecommunications; and consumer and retail. Their clients include global industry leaders, financial institutions, investment firms, private equity firms, hospitals and healthcare organizations, educational institutions, and individuals.


Overview


The Finance Department needs a Senior Billing Coordinator who manages the unbilled and billed inventory for a portfolio of top revenue-producing clients and lawyers. This includes producing invoices for clients with complex billing arrangements, complying with applicable collection policies, and adhering to outside counsel guidelines.


Essential Functions


  • Manage the billing process for a select portfolio of high profile lawyers/clients, including detailed knowledge of applicable client terms, discount arrangements and lawyer and client preferences.
  • Ensure Client guidelines are documented, updated and complied with
  • E-billing issues are identified and promptly resolved, including addressing rejected invoices as well as working with attorneys and their secretaries to obtain LEDES IDs
  • Manage the unbilled inventory as well as any billed invoices that require revision for the assigned group of lawyers/clients:
  • Make recommendations for write-offs of aged balances where appropriate
  • Ensure partners are achieving their billing incentives and the firm's billing target
  • Keep matter arrangement coding current, including transactional codes and estimated bill dates
  • Submit write-offs over $10K for approval
  • Update proforma statuses and finalize invoices by firm process
  • Clear Bill on Account (BOA)
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