Cash Receipts Accounting Assistant

at Perkins Coie in Chicago, Illinois, United States

Job Description

Job Description:
Perkins Coie is seeking a qualified, dynamic individual to take on the Cash Receipts Accounting Assistant position as part of a small team that is responsible for ensuring the delivery of timely, accurate entry and reconciliation of checks, credit card transactions, and wires for the entire firm.

ESSENTIAL FUNCTIONS
These essential functions are primary job duties that incumbents must be able to perform unassisted or with some reasonable accommodation.
Serve as an information resource for all offices relating to cash inquiries, training, and operations.
Together with the team, apply cash to invoices or cash accounts from paper and electronic checks, credit cards, ACHs, and wires on a daily basis, reconciling these entries to the bank and credit card statement totals in the depository account. As a team, enter all write-offs, internal cash applications, reversal/re-books, and refunds of client funds in the general cash account.
Contribute to the unallocated cash receipts process and ensure timely resolution of client funds.
Run periodic reports as requested and distribute them to clients, lawyers, and paralegals.
Reconcile daily and monthly cash activity with GL Accountants.
Research attorney and client requests regarding payment applications and special client projects.
Resolve work-in-progress credits and accounts payable voided or refunded disbursements.
Request approvals for invoice reversals and wires/check requests for refunds of duplicate invoice payments.
Review daily cash receipts posting to ensure accuracy and confirm all required documents are properly scanned.
Recognize when escalation is necessary and assist the cash receipts team in resolving outstanding questions so that cash is applied timely and accurately.
Provide management with the monthly unallocated report, bi-annual GBNF reports, daily cash reports, and monthly cash GL balance reports.
Make recommendations to management for process improvement ideas and assist in implementing approved ideas.
Assist the manager in the research, planning, and implementation of project prioritization and process improvements.
Provide cash detail reports for external and internal auditors as requested.
Assist in the testing of software improvements and upgrades for the software's cash module as needed.
Complete projects, as assigned, and design and maintain management reports, as needed.

SPECIFIC SKILLS REQUIRED
Ability to establish effective working relationships throughout the firm.
Ability to express self effectively, both orally and in writing, and communicate with all levels of firm personnel.
Thorough knowledge of revenue accounting principles, procedures, policies, and applications.
Fluent in MS Office applications, specifically Excel, and standard computerized accounting systems.
Strong attention to detail.
Solid organization and prioritization skills.
Ability to work with minimal supervision.
Ability to work independently and with a team in a fast-paced and high-volume environment with an emphasis on accuracy and timeliness.
Ability to perform mathematical computations such as percentages, fractions, addition, subtraction, multiplication, and division quickly and accurately.

SPECIFIC SKILLS PREFERRED
Knowledge of professional services accounting software such as Elite 3E, Aderant Expert, or similar.

EDUCATION AND EXPERIENCE
Qualified candidates must have an AA degree in accounting or equivalent, as well as 3+ years of Accounts Receivable experience or equivalent. Candidates with a BA degree and professional services accounting experience are preferred.

At Perkins Coie, we look for self-motivated individuals, dedicated to providing value and superior service, and above all, have a high degree of integrity and enthusiasm for their work. We have created a company culture based on collaboration, devotion to serving our clients, and mutual respect. Perkins Coie is committed to advancing diversity and inclusion both within the firm and throughout our collective communities. Work with one of the 100 Best Companies to Work For and receive great health insurance, tuition reimbursement, and paid sabbaticals.

This position is eligible for an annual discretionary bonus, 401(k) plan, medical, dental, and vision insurance, accrued paid time off plan starting at 20 days annually, personal medical and parental leave, up to ten paid Holidays, and family... For full info follow application link.

Perkins Coie LLP is an Equal Opportunity Employer and does not discriminate on the basis of race, color, religion, sex, age, national origin, genetic information, protected veterans, marital status, sexual orientation, gender identity, disability status or any other category prohibited by local, state or federal law. This policy applies to all aspects of employment, including recruitment, placement, promotion, transfer, demotion, compensation, benefits, social and recreational activities and termination.