Lead Revenue Specialist at Buchanan Legal Professional Services in Chicago, Illinois

Posted in Other 4 days ago.

Type: full-time





Job Description:

A prestigious international law firm is seeking a Lead Revenue Specialist to join its Finance Operations team in Chicago, managing all aspects of financial inventory for a portfolio of partners, including WIP, billing, and collections. This role is highly collaborative and requires strong problem-solving, relationship-building, and communication skills.

Responsibilities:
  • Collaborating with partners to ensure efficient management of WIP, billing, and collections
  • Responding swiftly to inquiries with solution-focused responses
  • Gaining expert command of assigned partner portfolios to minimize partner involvement
  • Prioritizing and scheduling work independently to meet client and partner expectations
  • Executing client invoices accurately and on time, ensuring compliance with all client or third-party requirements
  • Working directly with clients to obtain quick and complete payment of invoices
  • Resolving invoicing and collection disputes promptly
  • Keeping current documentation of statuses, action plans, and processes
  • Monitoring and analyzing inventory balances proactively to take appropriate action
  • Using data insights to identify opportunities for improved cycle effectiveness
  • Building strong relationships with partners, clients, and colleagues
  • Mastering existing systems and assisting with new departmental tools and software testing
  • Training new team members
  • Completing special projects and additional tasks as assigned

Qualifications:
  • Bachelor's degree preferred; equivalent education and/or experience may be considered
  • Professional services revenue management experience required
  • Legal billing experience required
  • At least three years of relevant professional experience preferred
  • Strong proficiency in Microsoft Office, especially Excel (lookups, SUMIF, pivot tables, etc.)
  • Ability to quickly learn and adapt to new software applications
  • Technologically savvy

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