Accounts Receivable Specialist
King & Spalding
Accounts Receivable Specialist
King & Spalding is a leading global law firm with a commitment to excellence, innovation, and the seamless delivery of legal services. We harness innovative technology and exceptional talent to meet the complex needs of our clients in a fast-paced and dynamic legal landscape.
Responsible for processing daily deposits and related credits to accounts receivable and appropriate general ledger accounts; communicating with lawyers and billing analysts in identification of cash received for proper allocation against accounts receivable. Provide accounts receivable information to lawyers, billing analysts, and Finance Department staff as needed.
Key Responsibilities:
- Import and save daily check and ACH reports from online banking into secure folders; record key details in cash logs and monthly reconciliation worksheets, resolve discrepancies, and update Intranet reports
- Identify the proper allocation for checks, wires, ACHs, and miscellaneous deposits
- Maintain daily cash logs and follow up with bank personnel on unidentified debits and credits
- Enter and post cash receipts in the financial reporting system, ensure totals balance to deposits, and prepare the daily Intranet cash report
- Follow up daily on unallocated cash receipts
- Respond to inquiries from firm and client personnel
- Determine client payment status and research billing and payment history
- Run reports such as account statements, aging reports, and payment histories
- Provide supporting documentation for deposits
- Prepare responses to client audit letter requests
- Provide requested documentation to General Ledger, Accounts Payable, Billing, and Firm Management
- Work with Billing Lawyers and billing support teams to resolve on-account credits
- Process accounts receivable write-offs with proper authorization
- Communicate with the Revenue team regarding receivables over one year old
Qualifications:
- College degree with an emphasis in business preferred or at least two years of job-related experience
- Aderant Expert or similar knowledge
- High attention to detail
- Excellent verbal and written communication skills
- Proactive with strong organizational and time management skills
- Strong analytical skills
- Advanced Microsoft Excel skills
- Flexible and able to respond quickly to requests
The firm offers a generous total compensation package with bonuses and raises awarded in recognition of individual merit-based performance. All full-time Business Services employees may participate in King & Spalding's comprehensive benefit program including health and wellness plan, life and disability insurance, flexible spending accounts and a health savings account, a 401(k) plan, profit sharing plan, and a substantial Paid Time Off (PTO) program.
King & Spalding LLP (K&S) is committed to providing equal employment opportunity to all applicants and employees in full compliance with all state, federal, and local laws prohibiting discrimination on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, genetic information, age, disability or any other status protected by applicable law.
We are proud of our remarkably cohesive culture, which now encompasses more than 2,500 lawyers and business professionals worldwide. We seek to attract and develop the very best talent to work with us.
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