Senior Collections Manager

Cooley LLP; Washington (District of Columbia); On-site; USD 140,000 - 190,000; Full time

Job summary

An established industry player is seeking a Senior Collections Manager to lead their Accounting team. This pivotal role involves overseeing collections processes, mentoring team members, and collaborating with the Director of Revenue to achieve departmental goals. The ideal candidate will possess extensive financial experience, strong leadership skills, and proficiency in tools like Microsoft Office and Excel. With a commitment to fair employment practices, this innovative firm offers competitive compensation and a comprehensive benefits package, ensuring a supportive environment for professional growth and development.

Benefits

Medical insurance

Dental insurance

Vision insurance

Flexible spending accounts

Life insurance

Parental leave

PTO

Holidays

Qualifications

• 7+ years of relevant financial experience, including 2+ years in management.
• Proficiency in Microsoft Office and iManage is essential.

Responsibilities

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

Skills

Microsoft Office

iManage

Advanced Excel

Knowledge of collections processes

Elite 3E or Elite Enterprise

Leadership

Organizational skills

Education

Bachelor's degree

Tools

Excel

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 achieve 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 clients with delinquent receivables and coordinating with attorneys for resolution
• Referring matters to Bankruptcy partners for collection
• Reporting on A/R trends to management
• Managing write-offs and transfers to suspense accounts
• Monitoring payment plans and retainers
• Preparing collection projections
• Applying unallocated and trust funds appropriately
• Coordinating with other professionals to ensure process flow
• Developing collection policies and procedures
• Preparing client and partner analyses in Excel
• Managing year-end close processes
• Understanding accounting systems and supporting software initiatives
• Supervising and mentoring direct reports
• Supporting employee development and participating in HR processes
• Performing other duties as assigned

Skills and experience:

Required:

• Proficiency in Microsoft Office, iManage, and other firm applications
• Advanced Excel and reporting skills
• Ability to work extended hours and travel as needed
• 7+ years of relevant financial experience, including 2+ years in management
• Independent work ethic and mentorship ability
• Knowledge of collections processes and Elite 3E or Elite Enterprise

Preferred:

• Bachelor's degree
• Law firm experience
• Supervisory experience

Competencies:

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

Cooley offers competitive compensation and benefits, committed to fair employment practices.

EOE.

The annual pay range is $140,000 - $190,000, depending on location and experience.

Benefits include medical, dental, vision, HSAs, flexible spending accounts, life insurance, AD&D, LTC, parental leave, fertility benefits, PTO, and holidays. New employees will receive a detailed benefits orientation.