Billing Specialist

Vedder Price's Chicago office is looking for a Billing Specialist. The Billing Specialist supports a portfolio of shareholders through their monthly billing cycles. In addition to ensuring client invoices are issued accurately and timely, this position works closely with shareholders, department managers, accounting team and clients to deliver superior service, updating rates, split billing credit allocation, WIP follow up, solve problems, provide critical information and drive process improvement.

As the Billing Specialist, your job duties will include but are not limited to:

• Review and bill attorney hours and disbursements to clients
• Review and edit proformas in response to attorney and secretary requests
• Apply retainer/unallocated funds as directed by attorney; enter BOA charges and apply BOA
• Process write-offs following Firm policy
• Ability to execute complex bills in a timely manner
• Ability to understand and update Rates and Split billing credit allocation into the 3E System; ability to understand Multipayor, and Electronic Billing
• Ability to effectively interact and communicate with attorneys, secretaries, and clients
• Ensure that billing cycles are handled efficiently and accurately
• Research, analyze and respond to inquiries regarding billing, split billing credit allocation and rate issues.
• Create billing reports and spreadsheets for analyses as required; ability to identify and generate billing reports as requested
• Organize and maintain billing files
• May assist in preparing documentation for exhibits in court
• Perform Special projects as assigned

Skills & Competencies:

• Ability to prioritize and multi-task in a fast-paced environment
• Ability to handle confidential information in a discreet, professional manner
• Must have strong attention to detail
• Ability to meet deadlines and use time efficiently
• Ability to demonstrate good common sense and sound judgment
• Ability to work independently, some overtime during firm Fiscal and Calendar year-end, self-starter
• Must have strong verbal and written communication skills and excellent organizational skills
• Ability to be an effective team member and display initiative
• Working knowledge of AR processes
• Opportunity to participate in special projects
• Identify opportunities for improvement and proactively work with Shareholders and management to implement improved processes
• Monitor new processes and workflows to ensure effectiveness

Qualifications & Required Experience:

• Bachelor's degree preferred
• Minimum 3 years billing experience in a law firm environment required
• Proficiency in billing software (e.g., Elite, 3E) and Microsoft Office
• Position also requires the ability to work under pressure to meet strict deadlines.
• Good analytical and problem solving skills, and understanding of accounting best practices
• Knowledge of E-Billing Hub and different E-Billing Platforms

Computer Skills:

To perform this job successfully, an individual must be proficient in the following software:

• Elite/3E accounting software experience preferred
• Proficient with MS Word and Excel

Compensation Range: $70,000/yr. to $82,000/yr.

At Vedder Price, we believe in recognizing and rewarding our employees' contributions. Our comprehensive Total Rewards Package includes:

• Competitive Salary:
  We offer a competitive base salary commensurate with skills and experience.
• Bonus Program:
  Discretionary annual bonus program.
• Retirement Planning:
  Discretionary profit sharing and 401(k) matching to help you plan for your future.
• Health and Wellness:
  Comprehensive health, dental, and vision plans, along with optional health savings and flexible spending accounts, firm-paid Life and Disability benefits, and wellness programs to support your overall well-being.
• Paid Time Off:
  Competitive time off package including vacation days, paid holidays, sick time and personal days.
• Professional Development:
  Opportunities for continuous learning and career growth through firm provided training programs.
• Employee Recognition:
  Anniversary and Vedder Praise Programs to celebrate your achievements and milestones.
• Work-Life Balance:
  Hybrid work model and family-friendly policies.
• Additional Perks:
  Employee discount program, pre-tax commuter benefits, back up…