"Alerted.org

Job Description

Insight Global is seeking a Cash Receipts Specialist to join a prestigious international law firm client. This individual will be a member to the firms finance team, responsible for daily data entry and application of payments received via firm check/cash, wire/ACH, as well as communication with attorney and legal support staff regarding the proper application of payments. The Cash Receipts Specialist will have an emphasis on inventory review for key accounts at the firm and monitor AR and WIP, ensuring timely billing and collections in accordance with the guidelines and procedures.

The day-to-day responsibilities may include:

Daily data entry and application of client and non-client payments received via firm check/cash, wire/ACH.

Communicate with attorneys and legal support staff concerning proper application of payments.

Conduct daily cash reconciliation and prepare daily cash balance report for distribution to management.

Responsible for the application of on-account funds to accounts receivable as requested.

Review the status of institutional clients monthly, particularly for delinquent accounts receivable, resolve issues regarding skipped payments and short payments; correspond with the billing partner to determine the best course of action; Assist billing team with processing AR write offs.

Research payments received that do not have adequate remittance details; work closely with collection and billing staff as needed to ensure the payments are posted to the correct account in a timely manner.

Provide support and written documentation as required to support cash application for audits.

This is a full-time position that is local to NYC, in the office 2 days a week.

Compensation

$80,000 to $90,000 per year annual salary.

This role is eligible for a discretionary year-end bonus.

Exact compensation may vary based on several factors, including skills, level of experience, geographic location, education, and consideration of internal equity.

Benefits packages for this role include: comprehensive health and well-being benefits, personal and professional development, career growth opportunities.

We are a company committed to creating inclusive environments where people can bring their full, authentic selves to work every day. We are an equal opportunity employer that believes everyone matters. Qualified candidates will receive consideration for employment opportunities without regard to race, religion, sex, age, marital status, national origin, sexual orientation, citizenship status, disability, or any other status or characteristic protected by applicable laws, regulations, and ordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or recruiting process, please send a request to Human Resources Request Form (https://airtable.com/app21VjYyxLDIX0ez/shrOg4IQS1J6dRiMo) . The EEOC "Know Your Rights" Poster is available here (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12ScreenRdr.pdf) .

To learn more about how we collect, keep, and process your private information, please review Insight Global's Workforce Privacy Policy: https://insightglobal.com/workforce-privacy-policy/ .

Skills and Requirements

Minimum of 2 years of cash receipts/collections experience within a law firm

Strong knowledge of one of the following financial systems Elite, 3E, or Aderant

Experience handling the full cycle cash applications process cash receipts, inventory, ect.

Proficiency in Microsoft applications (Word, Excel, etc.)

Excellent organization skills and attention to detail, with the ability to work in a fast-paced environment

Bachelors or Associates degree (major in business or accounting preferred) Am Law 100 experience

Experience with 3E null

We are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day. We are an equal employment opportunity/affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment without regard to race, color, ethnicity, religion,sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military oruniformed service member status, or any other status or characteristic protected by applicable laws, regulations, andordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or the recruiting process, please send a request to [email protected].