Billing Associate
Chicago, IL
Full Time
Entry Level
The firm is seeking a remote Billing Associate to join the finance and accounting team. Reporting to the Vice President of Client Accounting, the Billing Associate will participate in the daily billing activities in the Client Accounting Group. The ideal candidate will be a highly motivated self-starter with a solid understanding of basic accounting principles.
Responsibilities:
Requirements:
Responsibilities:
- Prepare client invoices in accordance with client engagement guidelines and in consultation with Project Managers.
- Open new client engagements/matters and set up assigned practitioners with negotiated hourly billing rates, where applicable.
- Manage and review Work in Progress (WIP) fees and costs against budget for compliance with Master Services Agreements.
- Monitor and follow-up on unpaid Accounts Receivable (AR) invoices with Project Managers and Clients to ensure timely receipt of payment.
- Perform ad hoc analyses and prepare WIP/AR reports upon request.
- Monitor weekly Missing Time report and ensure all practitioner’s time is promptly entered into 3E. Perform time entry transfers/adjustments as needed.
- Assist with compiling support and receipts for billable expenses being billed to Client.
Requirements:
- Bachelor’s degree, with a minimum GPA of 3.0 in major and overall required.
- 1-3 years of experience in a similar billing role at a professional services or law firm.
- Proficiency with Excel and Word.
- Excellent written and verbal communications skills.
- 3E or Aderant experience highly preferred.
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