Specialist - Finance And Accounting-Law Firm Operations

Elevate is recruiting a Specialist in our Finance and Accounting team. As a Specialist, you will work with AUS billing team, participate in billing work along with the Accounts Receivable team for any questions and concerns, and collaborate on process improvements.
Responsibilities
Specifically, a Specialist - Finance and Accounting will:-

• Draft client invoices, sharing the matter with responsible lawyers for review.
• Save prebills and dispatched copies of invoices to document management system.
• Manage invoices rejected by client in eBilling platforms – Prepare appeal spreadsheet and saving these to relevant matter in DMS.
• Generate billing reports including WIP report, overdue invoices report with ageing.
• Manage application of payments received to outstanding AR invoices.
• Issue credit notes to clients and applying these to the outstanding report.
• Issue remittance advices and statement of accounts.
• Submit invoices to e-Billing platform.
• Move payments from general trust to office account and vice-versa, per trust compliance.
• Prepare trust requisitions and seeking approvals from clients and partners.
• Conduct weekly, bi-monthly, monthly trust reconciliations.
• Maintain matter-wise trust client files.
• Assist trust auditors seeking files/documents during audits.
• Prepare response on Audit Letter and send to the onshore team for final review which can be sent to the external auditors.
  

Experience

• Proven working experience of more than 5 years as a Finance and Accounting.
• Thorough knowledge of accounting and corporate finance principles and procedures.
• Excellent accounting software user. Desired: Action Step and Business Central
• Strong attention to detail and confidentiality.
• Professional Services or Law Firm Experience will be an advantage.
  

Skills for Success

• Strong workflow, time management and prioritization skills.
• Ability to coordinate multiple projects with deadlines and changing priorities.
• Strong written and verbal communication.
• Strong interpersonal and client relationship skills.
• Strong ability to work collaboratively.
• Strong attention to details.

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  Analytical and problem-solving skills.
• Knowledge of Actional Step, Xero or Business Central will be an added advantage.
  

Technical Skills

• Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Access, and MS Project).
  

Qualifications

• Bachelor’s degree in commerce or master’s degree in Commerce, MBA/PGDM - Any Specialization (Finance)
  

Company Overview
Elevate is a law company. We provide software and services for the intersection of business and law. Our legal, business, and technology professionals offer practical ways for global law departments and law firms to improve efficiency, quality, and business outcomes.
Our Most Recent Achievements And Distinctions Include

• For the seventh consecutive year, in 2022, Chambers & Partners named Elevate as a Top Global Services Provider, ranking us as Band 1 (highest ranking) in all applicable categories (Contract Lifecycle Management, Litigation Services, and Flexible Legal Staffing)
• Co-winner, 2022 Financial Times Collaborative Innovation Award for Industry Impact
• Winner, Inc. 5000 Fastest-Growing Private Companies: 2022, 2021, 2020, 2018, 2017, and 2016.
• Named by ALM Intelligence as the only Pacesetter in the Legal category in its 2021-2022 Legal Department Legal Operations report.
• The first non-lawyer-owned global legal services provider to receive an Alternative Business Structure (ABS) License to provide legal services in the US.