Accounts Receivable Specialist
2 weeks ago
We are seeking a highly skilled Accounts Receivable Specialist to join our team at Vaco. As a key member of our financial services team, you will be responsible for building relationships with lawyers and developing insight and knowledge of their practices and billing cycles.
Key responsibilities include:
- Working with lawyers, firm members, and management to ensure timely billing of WIP
- Proactively meeting with lawyers to review and address aged WIP and accounts receivable
- Identifying high-risk clients and working with the Team Leader, Accounts Receivable, and management to minimize exposure risk
- Accountability for meeting billing and collections targets and providing analysis and explanation of unavoidable delays in billings and collections
- Communicating with clients with tact and diplomacy to resolve payment delays and escalate unresolved issues appropriately
- Making recommendations to resolve queries with aging WIP and accounts receivable
- Preparing financial analysis for special billing and payment arrangements
- Preparing and sending out specific packages to clients
- Maintaining status notes on all systems
- Completing special projects as requested, and other duties as assigned
We are looking for a highly motivated and organized individual with a strong background in financial services. The ideal candidate will have:
- A college diploma or equivalency
- A designation is not required
- 3-5 years of relevant experience within a professional services environment
- Working knowledge in MS Office applications, including Word, Outlook, Excel, PowerPoint, Teams, and Adobe
- Proficiency in accounting software, including ARCS and 3E preferred
- Well-versed in industry-standard credit and collection policies, systems, and controls
- Excellent written and verbal communication skills
- A team player who takes initiative and works well independently
- Demonstrates excellent client service and ability to build and maintain client relationships
- Strong organizational skills with the ability to be effective and prioritize and meet deadlines
- Discretion, confidentiality, and attention to detail are essential
We offer a competitive salary range of $65,000 - $75,000/year and a dynamic work environment. If you are a motivated and organized individual with a passion for financial services, we encourage you to apply.
Please note that you must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity.
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