Description

Manage the full Work in Progress (WIP) to Cash cycle, overseeing processes from time entry and rate arrangements through billing, accounts receivable (A/R) management, and collections.

Responsibilities

• Manage the end-to-end WIP to Cash cycle, including time entry, pricing, billing oversight, and A/R collections.
• Act as the liaison between the accounting department and legal professionals regarding rate negotiations, proposals, and information requests.
• Provide leadership and guidance to Billing Managers and Accounts Receivable/Collection Managers on policies and internal controls.
• Identify opportunities to maximize revenue and minimize leakage or write-downs through root cause analysis.
• Develop strategies to optimize personnel performance and conduct quarterly WIP and AR reporting.

Required Skills

• 4-year Accounting or Business degree.
• Deep understanding of professional service revenue cycles and drivers impacting profitability.
• Extensive knowledge of legal industry billing scenarios, client guidelines, and e-billing.
• Experience with matter management and technology solutions used in the WIP to Cash cycle.
• Advanced proficiency in Microsoft Excel, Word, Outlook, Teams, and PowerPoint.
• Ability to advise senior leadership on key issues and implement process improvements.
• Experience with AmLaw 200 software including Aderant, 3E, Elite, or IntApp Open.

Preferred Skills

• 5-10+ years of progressive experience in a legal or professional service organization.
• Familiarity with business intelligence applications such as Bill Blast Analytics.

Key Skills

Education

Not specified