Collections Manager

COMPANY OVERVIEWJenner & Block LLP is a law firm with a fearless reputation and global reach, high-level problem solvers in litigation, government controversies, investigations, regulatory challenges, and complex corporate transactions. With offices in Century City, Chicago, London, Los Angeles, New York, San Francisco, and Washington, DC, the firm represents a wide range of clients, counseling Fortune 100 companies, large privately held corporations, major nonprofits, top universities, private equity investors, and Native American tribes. Consistently recognized as a firm that stands up for its values with its commitment to justice and community service, Jenner has been named the No. 1 pro bono firm 13 times in the United States by The American Lawyer.POSTION SUMMARYThe firm seeks an experienced Collections Manager to oversee its accounts receivable and collections function. Reporting to the Director – Billing & Collections, this individual will join a collaborative finance team, working closely with attorneys and finance leadership to optimize collections for the firm. The ideal candidate is a thought leader who can drive the function toward best practices. This is an exempt position based in our Chicago office.ESSENTIAL JOB FUNCTIONSOversee the firm's collections process, including monitoring aged accounts receivable and work-in-process (WIP) balances, and initiate the review, research, and resolution of all client receivablesUtilize analytics to identify heightened collections risks associated with certain clients, matters, etc., as well as critical moments in a matter to “catch up” on collections or to require payment before proceeding. Build improved processes or policies to lower the risksCoordinate the biannual Collections Push, including forecasting likely collectionsParticipate in key internal control oversight and documentationAnalyze credit worthiness of clients and design mitigating retainers and/or payment terms as appropriateDevelop and implement collection strategies in coordination with billing partners, primary team leaders, and the wider Revenue Cycle teamManage escalation procedures for delinquent accountsContact clients directly to collect past-due invoices and resolve underlying issues, communicating in a professional and diplomatic manner consistent with the firm's reputationRespond to client inquiries regarding accounts receivable balances and payment informationCoordinate with billing attorneys to resolve invoice disputes and discrepancies, and notify attorneys of delinquent accounts, assisting as neededPrepare and distribute accounts receivable aging and collections reportsProvide finance team management with recommendations on accounts to be referred to firm counsel, including payment history and supporting documentation, along with write-off recommendations for uncollectible accountsEnsure adjustments and write-offs are documented and recorded promptlyPrepare reminder statements for attorneys and send to clients as requested; provide financial information for audit lettersOversee the supplying of new client vendor forms, EFT forms, W-9s, tax withholding waivers, etc., to clientsMaintain accurate records of all collection efforts within the firm's financial management systemSupervise collections staff, providing guidance on best practices and ensuring completeness and accuracy of their assigned workDesign, document, and train finance team members on new processes to support client- or firm-driven changesDemonstrate strong leadership skills, fostering a supportive atmosphere that encourages teamworkPerform other collections-related duties as requestedQUALIFICATIONS AND REQUIREMENTSBachelor's degree in Accounting, Finance, Business Administration, Economics, Mathematics or a related field preferred5+ years of collections or accounts receivable experience, ideally within a law firm or professional services environmentPrior supervisory or team leadership experienceWorking knowledge of legal billing systems (e.g. 3E of Aderant) strongly preferredExcellent communication and interpersonal skills, with the ability to interact diplomatically with clients, attorneys, and firm leadershipProven ability to develop and implement effective collection strategiesStrong analytical skills, with experience preparing and interpreting aging reports and financial dataDisclaimerAdditional DutiesThis job description is intended to provide a general overview of the primary duties and responsibilities for the position. It is not an exhaustive list of all tasks or responsibilities that may be assigned. The role may include additional duties, specialized projects, and other tasks as required. The firm reserves the right to modify or adjust the responsibilities to meet business needs.Physical RequirementsCandidates must be able to meet the physical demands of the position, including the ability to commute to the office as required on designated in-office days based on the position. The firm is committed to providing reasonable accommodations in accordance with the Americans with Disabilities Act (ADA) for qualified individuals with disabilities.EEO StatementJenner & Block LLP is an equal opportunity employer. Recruitment and employment decisions are not made on the basis of an individual’s race, color, creed, religion, national origin, ancestry, citizenship status, age, non-disqualifying physical or mental disability or medical condition, genetic information, sexual orientation, sex, gender identity and/or expression, pregnancy, childbirth, breastfeeding or related medical conditions, arrest record, matriculation, personal appearance, political affiliation, marital, parental, veteran, military, or order of protection status, or any other protected status or that of their relatives, friends, or associates.Jenner & Block is proud to offer a competitive total rewards package, including comprehensive health & well-being benefits and 401k profit sharing. The anticipated pay range for this role is $100,000 to $157,000 in Chicago. The actual offered rate for this position will be determined based on several factors, including qualifications and experience, geographic location, education, external market data, and consideration of internal equity.