Accounts Receivable Analyst

Ice Miller LLP•Columbus, OH

5d•$70,000 - $95,000

About The Position

The Accounts Receivable Analyst will be responsible for the administration of all client funds held by the firm in escrow accounts as well as unapplied money and client credits, according to state guidelines and internal controls. As part of that role may also be responsible for the research of and posting daily cash receipts where assistance is needed. The employee must be capable of working in a fast-paced environment with time-sensitive materials and maintain strict confidentiality due to the nature of the position. Salary in the range of $70,000 - $95,000 dependent on location and experience level

Requirements

2-4 years of recent escrow and/or accounts receivable experience, is required
Knowledgeable of general accounting principles
Proficient in Microsoft Office products
Excellent communication skills to deal effectively with internal and external clients
Ability to work in a fast-paced environment and adapt to ever changing priorities
Must have strong attention to detail
Must be able to utilize technology to streamline and improve processes
Excellent interpersonal skills necessary to deal courteously and effectively with a diverse group of people. Must be able to work with individuals at all levels of the organization
Must be able to perform all essential duties

Nice To Haves

Previous experience in the legal industry a plus

Responsibilities

Management of firm escrow account balances ensuring client accounts are active and comply with state guidelines
Prepare and maintain proper documentation for annual filings and audits
Proactive analysis of client retainer balances that are stale
Initiate client facing discussions regarding the research of unapplied funds and credits in order to reconcile and resolve in a timely manner
Monthly analysis of inactive client funds to be reviewed by the Revenue Manager – Quarterly reviews with the Director of Financial Operations
Analyze and process payment of client retainers, settlements, and third-party funds
Preparation and verification of outgoing wires instructions for all client related funds by obtaining proper approvals, maintaining proper documentation, and following internal controls
Escheatment of old trust balances that have gone through the states requirements for refund
Assist with collections, client/matter cash applications, and billing issues.
Assist with responding to internal and external requests for copies of invoices, W9, and wiring instructions
Assist with other duties as assigned