Law Firm
Washington, DC
Legal Staff Accounting/Finance in Washington, DC
Legal Staff
10-10 yrs required
No
Job Title: Director of Inventory Management
Job Responsibilities:
The Director of Inventory Management at the law firm will oversee the firm's global strategy for managing inventory, which includes Unbilled Time and Accounts Receivable. This role encompasses the following responsibilities:
- Lead the collections team to enhance the firm's collections performance while maintaining client relationships in accordance with the firm's standards.
- Develop and implement policies to manage aged unbilled time, with management and adherence to these policies being a shared responsibility.
- Act as the primary escalation point for at-risk inventory, working directly with Practice Group Leaders, General Counsel, and clients to resolve high-value or sensitive accounts.
- Collaborate with the Chief Revenue Officer (CRO), Chief Financial Officer (CFO), and Billing Team to meet cash flow targets, track key performance indicators (KPIs), and provide actionable reporting and analysis to Practice Group Leadership and Senior Management.
- Develop and implement collections strategies and policies tailored to individual client needs, industry best practices, and firm priorities.
- Monitor partner compliance with firm policies, client guidelines, and ethical considerations regarding billing and collections.
- Provide training and guidance to Partners and legal staff on best practices for managing client receivables.
- Supervise and mentor collections staff, fostering a client-focused and performance-driven culture.
Education and Experience Information:
- A Bachelor’s degree in Finance, Accounting, Business Administration, or a related field is required; an advanced degree or MBA is preferred.
- A minimum of 10 years of progressive experience in collections management, with at least 5 years in a senior leadership role within an AmLaw 100 (preferably AmLaw 20) firm.
- Demonstrated ability to work confidently and diplomatically with Partners, C-suite executives, and sophisticated corporate clients.
- Exceptional interpersonal, communication, and client service skills, with a proven ability to influence outcomes while maintaining strong relationships.
- Strategic mindset with hands-on execution skills.
- Strong understanding of legal billing practices, client guidelines, and accounting principles related to collections and Accounts Receivable.
- Proven ability to lead, motivate, and develop a high-performing team.
Salary Information:
The law firm offers a comprehensive compensation package, including bonuses and raises based on individual merit-based performance. Full-time Business Services employees have access to a comprehensive benefit program that includes a health and wellness plan, life and disability insurance, flexible spending accounts, a health savings account, a 401(k) plan, a profit-sharing plan, and a substantial Paid Time Off (PTO) program.
Pay Transparency Range:
- New York: Anticipated full-time annualized salary range is $224,000 - $318,000.
- Washington, .: Anticipated full-time annualized salary range is $175,000 - $265,000.
The salary offer will depend on various factors, including relevant experience, internal equity, market data, job location, and other job-related factors permitted by law.
Additional Information:
Qualified candidates with arrest or conviction records will be considered for employment in accordance with applicable laws, such as the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, and the California Fair Chance Act.
The law firm is committed to providing equal employment opportunities to all applicants and employees, complying fully with all state, federal, and local laws prohibiting discrimination based on race, color, religion, sex, sexual orientation, gender identity, national origin, genetic information, age, disability, or any other status protected by applicable law.
The law firm prides itself on a cohesive culture and seeks to attract and develop top talent to work with its team of over 2,500 lawyers and business professionals worldwide.
Jun 27, 2025
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Jun 18, 2025
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