Cash Receipts Specialist
Fawkes IDM, United States

A law firm with offices in Washington, D.C. is seeking a full-time Cash Receipts Specialist to join their team. This person will be a part of the financial services team.

Responsibilities:

• Maintains and reconciles various cash and escrow accounts.
• Posts cash receipts to client accounts and promptly notifies management of short and unidentified payments.
• Researches and reconciles payments.
• Identifies duplicates and overpayments from clients in order to transfer to trust accounts and compile necessary back up in a timely manner.
• Recognizes the importance of avoiding the intermingling of escrow funds and firm’s operating funds and takes steps to maintain proper distinctions
• Interacts with Billing Staff to accurately process escrow usage in a timely manner avoiding client relations problems caused by inaccurate statements
• Downloads month end reports within established timeframes.
• Prepares and distributes daily cash reports to management.
• Ensures that image scans of daily cash receipts are complete and properly filed.

Requirements

• Associate’s Degree required; Bachelor’s Degree preferred.
• Prior experience posting cash receipts in a law firm or other professional services environment preferred.
• Ability to handle a large volume of transactions virtually error-free.
• Knowledge of generally acceptable accounting principles.
• Knowledge of Elite or other law firm accounting system.
• Ability to read and interpret various accounting reports.
• Advanced knowledge of Word and Excel.

Job Rewards and Benefits