4 Collections Analyst Jobs in Richmond, VA
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Mcguirewoods is Hiring a Collections Analyst Near Richmond, VA
Overview
McGuireWoods LLP is seeking a Collections Analyst to join our team in the Richmond, VA office. The Analyst will initiate collection efforts and actively pursue aged A/R. Additionally, the Analyst will research and resolve inquiries concerning A/R issues; including A/R balances and payment application history and write-off information. The ideal candidate will demonstrate keen attention to detail, Excel proficiency, and effective communication skills across various levels within the firm.
McGuireWoods LLP, with offices in the United States and Europe, is a full-service firm providing legal and public affairs solutions to corporate, individual and nonprofit clients worldwide for more than 200 years collectively. Along with excellent benefits, McGuireWoods offers most employees a hybrid remote option allowing flexibility and work-life balance. For more information, please visit www.mcguirewoods.com. California residents have special rights with respect to personal information. If you are a California resident applying for a position at McGuireWoods, our statement describes your rights and personal information the firm collects.
Responsibilities
- Initiate collection efforts and actively pursue aged A/R per firm policy according to assigned practice groups.
- Prepare and execute write-off forms according to authorization guidelines.
- Research attorney and client questions to help expedite the collections process.
- Prepare and distribute collection letters and statements of account.
- Contact clients (in accordance with approved procedures and concurrence of the billing attorneys) for accounts receivable that are past due so billing problems can be resolved and collections made.
Qualifications
- Bachelor’s degree in finance or accounting preferred with one to two years of collections experience OR equivalent combinations of education and experience considered.
- Legal collection experience preferred.
- Proficient in basic to moderate PC skills, including MS Word, 3E, Excel, Outlook, and other firm software as necessary.
- Strong Excel proficiency preferred.
- Detail-oriented with a keen eye for accuracy.
- Excellent communication skills with the ability to interact effectively with staff and attorneys across all levels.
- Ability to work on a team and proactively provide support to others as needed.
Have more questions? Connect with a recruiter directly.
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Job Summary
Full Time
Ancillary Healthcare
$35k-44k (estimate)
02/14/2024
04/03/2024
mcguirewoods.com
TISHOMINGO, OK
1,000 - 3,000
1834
Private
SCOTT E WOOD DC
<$5M
Ancillary Healthcare
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About Mcguirewoods
McGuireWoods provides legal and business counsel to public, private, government and nonprofits.
The job skills required for Collections Analyst include Billing, Accounts Receivable, Accounting, Communication Skills, Attention to Detail, etc. Having related job skills and expertise will give you an advantage when applying to be a Collections Analyst. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Collections Analyst. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Collections Analyst positions, which can be used as a reference in future career path planning. As a Collections Analyst, it can be promoted into senior positions as a Collections Supervisor that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Collections Analyst. You can explore the career advancement for a Collections Analyst below and select your interested title to get hiring information.
If you are interested in becoming a Collections Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Collections Analyst for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Collections Analyst job description and responsibilities
Represent and lead the collections' team during executive management weekly conference calls providing updates on the delinquent A/R reports.
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Work remittance advice from Medicaid and Medicare ensuring accuracy of payments, correcting account billing according with Medicaid or Medicare disposition.
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Maintain active communication with supervisor and co-workers to develop a cohesive and supportive unit.
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Provide accurate information, supporting documentation, and effective communication to complete recovery process.
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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Collections Analyst jobs
Interpret all complex terms for collection process and affiliate agreement terms and maintain relationships with all internal and external customers.
02/25/2022: Syracuse, NY
Assist manager to provide resolution for all collection and manage large amount of data for invoices and maintain knowledge on all variances to ensure prevention in reoccurrence.
04/01/2022: Utica, NY
Analyze collection processes to recommend improvements.
02/23/2022: Los Angeles, CA
Contact customers to collect payments on delinquent accounts.
04/09/2022: Mobile, AL
Confer with credit association and other business representatives to exchange credit information.
04/09/2022: Baton Rouge, LA
Step 3: View the best colleges and universities for Collections Analyst.
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