Honigman LLP · 7 hours ago
Director of Billing and Collections
Detroit Metro
Full-time
Onsite
Director/Executive
$150K/yr - $225K/yr
7+ years expHonigman LLP is a premier business law firm based in Michigan with an international practice. They are seeking a Director of Billing and Collections to oversee the firm's billings, collections, and client matter intake processes, ensuring efficiency and compliance while contributing to the overall financial health of the firm.
Law Practice
Hiring Manager
Shirley Campos, SHRM-SCP
Responsibilities
Oversee the entire billing process, ensuring accuracy, timeliness, and compliance with client agreements
Manage billing analytics to inform business decisions
Implement and maintain billing policies and procedures to improve efficiency and reduce discrepancies
Collaborate with attorneys and support staff to address and resolve billing issues
Manage the collections process to ensure timely payment of invoices
Develop and implement effective collection strategies to minimize outstanding receivables
Monitor and report on collection performance, identifying areas for improvement
Oversee the intake process for new client matters, ensuring proper documentation and setup
Work with the intake team to streamline procedures and improve client onboarding experience
Ensure compliance with firm policies and regulatory requirements during the intake process
Prepare and present regular reports on billing, collections, and intake performance to senior management
Develop and refine comprehensive key performance indicators that inform future actions and decision making with an eye towards continuous improvement
Analyze data to identify trends, opportunities for improvement, and potential risks
Collaborate with the CFO and other stakeholders to develop and implement financial strategies
Lead, mentor and develop a team of billing and collections professionals
Foster a collaborative and high-performance culture within the team
Provide training and development opportunities to enhance team skills and capabilities
Continuously evaluate and improve billing, collections, and intake processes
Implement technology solutions to enhance efficiency and accuracy
Stay updated on industry best practices and integrate them into the firm’s operations
Qualification
Required
Bachelor's degree in Finance, Accounting, Business Administration, or a related field; MBA or CPA preferred
Minimum of 7-10 years of experience in billing and collections, or financial management within a law firm or professional services environment
Proven record of driving financial performance and achieving business objectives
Exceptional leadership and team management skills
Excellent analytical skills with the ability to interpret financial data and provide actionable insights
Excellent communication, presentation and interpersonal skills
Demonstrated ability to provide quality client service to both internal and external contacts, regarding billing or other financial matters
Advanced knowledge of leading third-party e-billing platforms, legal billing software and financial management systems
Ability to work under pressure and meet deadlines
Excellent critical thinking skills with a strong attention to detail
Strategic Thinking
Financial Acumen
Leadership and Team Management
Analytical Skills
Communication and Presentation Skills
Problem-Solving Ability
Collaboration and Teamwork
Benefits
Healthcare, life and disability insurance
401K and profit sharing
Bonus program
Generous All Purpose Leave (APL) program that increases with tenure
Well-being programs (e.g., mental health services, medical resources, and more)
Learning and development programs
Employee discounts
Company
Honigman LLP
Honigman LLP is an Am Law 200 full-service, general business law firm with more than 350 attorneys counseling clients on complex issues across the country in Chicago, Michigan (Ann Arbor, Bloomfield Hills, Detroit, Grand Rapids, Kalamazoo and Lansing), Washington, D.C.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
David Foltyn
CEO & Chairman
Uma Reddy
Chief Financial Officer
Recent News
2024-03-06
2024-01-02
Company data provided by crunchbase