Cash Operations Specialist

goodwinprocter; Los Angeles (CA); On-site; USD 60,000 - 75,000; Full time

Benefits offered by this job

Health, dental and vision insurance

Retirement & Savings Plan

Paid vacation and holidays

Professional development and career-hr

Job summary

Goodwin Procter seeks a detail-oriented Finance Associate to manage daily receipts posting to the general ledger and monitor banking activity. You will resolve unmatched items, reconcile cash, and provide updates to Finance and leadership, collaborating with Billing, Attorneys, and support staff.

Ideal candidates have 3+ years in finance within professional services, strong problem-solving, and proficiency with ERP systems and Excel.

Qualifications

• Associates degree or equivalent; Bachelor's degree a plus.
• 3+ years of financial experience in a related role.
• Law firm or professional services experience is a plus.

Responsibilities

• Accurate and timely application of daily receipts to the general ledger.
• Monitor daily banking activity throughout the day.
• Resolve unmatched receipts and unusual transactions by collaborating with Billing, Attorneys, and Secretaries.
• Reconcile daily cash received to cash posted in the general ledger and resolve variances.
• Provide real time updates and daily summaries to Finance and firm leadership.
• Collaborate with the GL team on daily cash accounting and respond to inquiries.
• Evaluate business processes and suggest improvements.
• Maintain and troubleshoot current technology solutions for cash application.
• Prioritize tasks and escalate issues to Senior Manager and Controller.

Skills

Problem-solving

Under pressure

Communication

Organizational skills

Time management

Multitasking

Education

Associate degree

Bachelor's degree preferred

Tools

ERP software

Excel

Job description

Join Goodwin's Global Operations Team, and make a real impact on a global scale. At Goodwin, we work with some of the world's most successful and innovative investors, entrepreneurs and disruptors in the life sciences, private equity, real estate, technology and financial industries, and where they converge. As part of the Global Operations Team - all business professionals at the firm - you'll collaborate with colleagues from varied backgrounds and experiences, fostering an environment where cross-functional learning, networking, and collaboration are at the core of what we do.

Here, we're not just supporting a law firm; we're partnering with attorneys and clients to deliver cutting-edge solutions in high-stakes litigation and dispute resolution, world-class regulatory compliance and advisory services, and complex transactions. Our commitment to integrity, ingenuity, agility, and ambition drives us, and we're proud to have been recognised as the "Best Business Team" by The American Lawyer.

This is your opportunity to grow professionally in a dynamic, global environment, surrounded by forward-thinking peers.

What You'll Do:

• Accurate and timely application of daily receipts to the general ledger
• Monitor daily banking activity throughout the day
• Pursue resolution of unmatched receipts/incomplete payments/other unusual or unclear transactions by collaborating closely with multiple groups within and outside Finance- Billing and Collections team, Attorneys, Secretaries. Build strong relationships that will enable successful collaboration and resolution of issues.
• Reconcile daily cash received in the bank to cash applied to the general ledger, resolve variances in a timely manner
• Proactively follow up on open items and resolve.
• Provide real time updates and daily summaries to Finance and firm leadership
• Collaborate with the GL team on daily cash accounting by resolving credits and other unposted bank activity and queries
• Evaluate business processes and recommend suggestions for improvements
• Maintain and troubleshoot current technology solutions for cash application.
• Prioritize tasks and identify issues to escape promptly to Senior Manager and Controller

Who You Are:

• Associates Degree, or equivalent. Bachelor's Degree a plus.
• 3 years+ of financial experience in a related role; law firm or professional services experience a plus.
• Excellent problem-solving skills, undeterred by a challenge
• Works well under pressure with time-sensitive deadlines
• Strong communication skills, ability to provide succinct summaries
• Excellent organizational skills, ability to manage multiple efforts simultaneously.
• Maturity and appreciation for how this role fits into larger firm objectives
• Proficiency in ERP software and Excel
• Ability to work overtime, as needed

#LI-JM1

Benefits and More

• Health, dental, and vision insurance
• Life and disability insurance
• Retirement & Savings Plan
• Emergency back-up child and adult care
• Paid vacation, sick time off, and holidays
• Professional development and career advancement opportunities
• Employee recognition and reward programs
• Employee wellness and assistance programs
• Employee discounts and perks

This position is eligible for overtime: Yes

The Target Salary Range For This Position Varies By Location And Is Commensurate With Relevant Experience: $60,000.00-$75,000.00