Collections Manager

Company: Butzel Long
Location: Troy
Posted on: August 5, 2022

Job Description:

GENERAL PURPOSE: The law firm of Butzel Long is seeking a full-time Collections Manager for its Troy office. The Collections Manager will oversee the Firm---s financial receipts and debt collections and minimize the Firm---s financial delinquency. They will ensure all money owed to the company is billed and received correctly in a timely manner. This position will report to the Chief Financial Officer. RESPONSIBILITIES: --- Designs and implements processes to improve cash flow and reduce receivables. --- Monitors and negotiates payment arrangements on the collection of overdue accounts in cases when non-payment occurs. --- Works closely with the Billing Department to implement processes and policies that contribute to accurate and timely invoicing and e-billing of clients. --- Keeps accurate records and reporting on collection activity and accounts receivable status. --- Updates CFO and Finance Committee on status of accounts and collection efforts. --- Ensures that firm policy is followed and implemented to avoid excessive outstanding debt. --- Keeps up with changes in state and federal laws governing debt collections. --- Trains and mentors staff members in the collections department. --- Approves new matters and evaluates credit worthiness of new clients. KNOWLEDGE, SKILLS AND ABILITIES --- Good written, oral and reading communication skills in order to accurately obtain, interpret and transcribe a variety of communications and instructions. --- Excellent interpersonal skills including the ability to adjust and interact with clients and colleagues at levels of the organization. --- Top-notch analytical skills and the ability to work under strict deadlines. --- Outstanding leadership and managerial skills. --- The ability to work accurately and independently. EDUCATION, EXPERIENCE AND/OR TRAINING: --- Bachelor---s degree required in a related field. An equivalent combination of education and experience may be considered --- At least 5 years of experience in collecting, accounts receivable, preferably in a professional services environment. --- Experience with billing and collections software and the ability to learn new software quickly. --- Advanced knowledge of MS Office, particularly MS Excel. --- Knowledge of billing procedures and collection techniques.

Keywords: Butzel Long, Troy , Collections Manager, Executive , Troy, Michigan