Segal Mccambridge Singer & Mahoney - Chicago, IL

posted 2 months ago

Full-time - Entry Level
Chicago, IL
Justice, Public Order, and Safety Activities

About the position

Segal McCambridge, a national litigation firm, is seeking an Accounts Receivable Specialist to join our Tinley Park office working under the Director of Accounting. This is a full-time in-office position. The successful candidate will be responsible for accurately and efficiently processing and recording client payments and write-offs. This includes data entry, reviewing for accuracy, ensuring compliance with firm policies, routing for appropriate approvals, validating proper bank account, archiving backup, and preparing items for deposit. The role also involves reviewing and processing trust deposits and transfer requests authorized by the matter billing attorney, validating and ensuring accuracy of postings to client matters based on supporting documentation, and generating and archiving bank deposit detail reports via the online banking system. In addition, the Accounts Receivable Specialist will perform daily balancing to reconcile bank and accounting system activities, reference or notate any unrecorded deposit items or mismatched items, and address payment issues including duplicate payments, overpayments, or other discrepancies. The position requires initiating client refunds as required and engaging in effective and timely communication with cross-functional departments including billing and collections, legal assistants, and attorneys. The specialist will also communicate with internal and external clients in a professional, helpful, and courteous manner, and complete all other tasks and special projects as assigned by the supervisor. This position will allow the successful candidate to immediately contribute and engage in meaningful work to help the firm's continued growth.

Responsibilities

  • Accurately and efficiently process and record client payments and write-offs.
  • Review and process trust deposits and transfer requests authorized by the matter billing attorney.
  • Generate and archive bank deposit detail reports via the online banking system.
  • Perform daily balancing to reconcile bank and accounting system activities.
  • Reference or notate any unrecorded deposit items or mismatched items.
  • Address payment issues including duplicate payments, overpayments, or other discrepancies.
  • Initiate client refunds as required.
  • Engage and communicate effectively and timely with cross-functional departments including billing and collections, legal assistants, and attorneys.
  • Communicate with internal and external clients in a professional, helpful, and courteous manner.
  • Complete all other tasks and special projects as assigned by supervisor.

Requirements

  • High School Diploma required.
  • Minimum of 1 year experience in accounts receivable; law firm experience desired.
  • Demonstrated attention to detail.
  • Ability to grasp mathematical concepts and analyze data.
  • Proficiency with Excel and other MS Office applications.
  • Ability to multitask and manage multiple deadlines.

Nice-to-haves

  • College level coursework in accounting or related field preferred.

Benefits

  • 401(k) with match
  • Dental insurance
  • Employee assistance program
  • Employee discount
  • Flexible spending account
  • Health insurance
  • Health savings account
  • Life insurance
  • Paid time off
  • Parental leave
  • Professional development assistance
  • Referral program
  • Vision insurance
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