Senior Client Billing & AR Specialist

Overview

Cleary Gottlieb is a pioneer in globalizing the legal profession. We have 14 offices in major financial centers around the world, but we operate as a single, integrated global partnership and not as a U.S. firm with a network of overseas locations. The firm employs approximately 1,100 lawyers from more than 50 countries.

Since 1946 our lawyers and staff have worked across practices, industries, jurisdictions, and continents to provide clients with simple, actionable approaches to their most complex legal and business challenges, whether domestic or international. We support every client relationship with intellectual agility, commercial acumen, and a human touch.

Reporting to the Client Account Manager, the Senior Client Account Specialist is responsible for successful execution of the billing and collection strategy for their assigned partners or office/practice groups in conjunction with firm best practices as well as in accordance with client requirements. This position will (i) collaborate closely with partners and practice group leaders along with other Finance teams including client reporting, and revenue operations teams, (ii) ensure timeliness and accuracy of bills as well as securing prompt payment, (iii) ensure compliance with client outside counsel guidelines, rates in-line with client agreements before billing, and other client considerations (iv) respond effectively and accurately to partner or client requests.

• Drive the billing and collection process to ensure accurate and timely invoicing and payment of clients for assigned partners, practice groups, and/or offices.
• Monitor assigned partner’s monthly aging AR reports and take appropriate action to ensure each invoice is paid on time and in full; direct teams to follow-up on underpayments and help with resolution, as needed.
• Update key finance reports (e.g., projection amounts, clear and concise billing or AR comments) daily, to ensure timely and quality reporting for Senior Management.
• Successful handling of more complex billing and ensuring timely and accurate billing and collections process.
• Follow-up with partners and escalate any billing or collection issues or delays.
• Respond to billing and AR inquiries Preparation of bills including narrative descriptions, transfers and on account applications, with high attention to detail.
• Interpret, advise and influence your assigned partners by reviewing their SOE, understanding the billing arrangement and billing frequency of each matter and client.
• Obtain and review/understand Engagement letters and Outside Counsel Guidelines so you can support adherence to these client requirements. Review timekeeper diaries and costs to ensure compliance with client outside counsel guidelines.
• Collaborate with internal clients and other finance teams, such as Pricing Operations and ebilling, to ensure accurate client invoices, submission requirements, and reporting.

• Coordinate and lead UBT/AR meetings with your assigned partners regularly (e.g., at least once a month).
• Monitor bill processing status and perform necessary follow up.
• Ensure successful submission of E-Billing thru Billblast or directly through the clients 3rd party E-Billing vendor.
• Collaborate with the Client Account and Revenue Operations teams to develop efficiencies in the billing process.
• Validate and test functionality and reports during billing system and report upgrades.
• Support the Client Account Managers and Advisors, as needed, with all aspects of day to day operations of the client accounting team in accordance with Firm Policies and procedures.
• Take part in ad hoc client analysis projects as requested and handle a portfolio of complex matters; special projects, as…