Senior Collections Manager

Cooley LLP; Chicago (IL); On-site; USD 80,000 - 120,000; Full time

Job summary

An established industry player is looking for a Senior Collections Manager to lead their Accounting team. This role involves overseeing the collections process, managing a dedicated team, and ensuring compliance with company policies. The ideal candidate will have extensive financial experience, strong leadership skills, and proficiency in key software applications. You will play a crucial role in monitoring receivables, directing team efforts, and reporting on A/R trends. Join this dynamic firm to make a significant impact in a collaborative environment focused on excellence and growth.

Benefits

Competitive Pay

Benefits Package

Commitment to Fair Employment Practices

Qualifications

• 7+ years of relevant financial experience, including 2+ years in management.
• Strong knowledge of collections processes and Elite 3E/Enterprise systems.

Responsibilities

• Manage the assigned collections team and ensure compliance with company policies.
• Review A/R aged inventory and coordinate with partners or attorneys.

Skills

Microsoft Office

iManage

Advanced Excel

Collections Processes

Elite 3E/Enterprise Systems

Education

Bachelor's Degree

Tools

Microsoft Office

iManage

Job description

Senior Collections Manager

Cooley is seeking a Senior Collections Manager to join the Accounting team.

Position Summary:

Under the general direction of the Director of Revenue, the Senior Collections Manager is responsible for managing the assigned collections team, ensuring compliance with company policies, and working with the Director of Revenue to meet department goals. Responsibilities include:

• Reviewing A/R aged inventory and coordinating with partners or attorneys
• Serving as the initial contact for significant client accounts to monitor receivables
• Directing team members to contact clients and follow up as needed
• Identifying new business on delinquent accounts and coordinating payment resolution
• Referring matters to Bankruptcy partners for collection
• Reporting A/R trends and inventory to leadership
• Managing write-offs, suspensions, and payment plans
• Preparing collection projections and managing year-end processes
• Supporting software initiatives and system flows
• Supervising and mentoring direct reports, including staffing and performance management
• Participating in hiring, performance reviews, and employee development
• Performing other duties as assigned

Skills and Experience:

Required:

• Proficiency in Microsoft Office, iManage, and other firm applications after orientation
• Advanced Excel and reporting skills
• Flexibility to work extended hours and travel as needed
• 7+ years' relevant financial experience, including 2+ years in management
• Strong knowledge of collections processes and Elite 3E/Enterprise systems

Preferred:

• Bachelor's degree
• Experience in law firms
• Supervisory experience

Competencies:

• Leadership and team motivation
• Attention to detail and follow-up
• Organizational and analytical skills
• Effective collaboration with partners and professionals

Cooley offers competitive pay, benefits, and a commitment to fair employment practices.