Law Firm Trust Accounting Specialist | Hybrid

Trustpoint.One; Philadelphia (Philadelphia County); Hybrid; USD 90,000 - 120,000; Full time

Job summary

Trustpoint.One in Philadelphia, PA seeks an experienced Trust Accounting Specialist with a strong background in legal accounting and trust account management within a law firm. The role covers end-to-end accounting and administration of settlement funds, ensuring accuracy, compliance, and timely distributions.

Law firm experience is required. Training is onsite; a hybrid schedule becomes available after 30 days, and the ideal candidate will manage complex distributions with precision and

Qualifications

• Minimum 5 years of trust or legal accounting experience.
• Law firm experience is required.
• Strong understanding of trust accounting rules and settlement fund management.
• Experience handling complex attorney-client settlement distributions.
• Excellent analytical, organizational, and communication skills.
• Proficiency with accounting software and Microsoft Excel.
• Ability to manage multiple priorities while maintaining a high level of accuracy.

Responsibilities

• Manage the trust accounting process from receipt through final disbursement of settlement funds.
• Track and reconcile settlement funds to ensure accuracy and compliance.
• Coordinate with attorneys to facilitate timely distributions.
• Analyze court orders, recapitulations, and contingent fee agreements.
• Prepare detailed distribution summaries and submit them to attorneys for approval.
• Perform end-to-end accounting of settlement funds, including recording receipts, booking attorney fees, and billing costs.
• Disburse funds to the firm, clients, referral attorneys, and lienholders.
• Transfer settlement funds to interest-bearing accounts when appropriate.
• Maintain accurate financial records and supporting documentation.
• Perform bank reconciliations.
• Provide cost details and supporting financial information to attorneys and paralegals.
• Review draft court orders and recapitulations for accuracy.
• Complete bi-monthly Concur uploads and monthly Papercut uploads.
• Process monthly cost write-offs for closed cases.

Skills

Trust accounting

Legal accounting

Analytical skills

Organizational skills

Communication skills

Attention to detail

Multitasking

Tools

Accounting software

Microsoft Excel

Job description

Trustpoint.One in Philadelphia, PA seeks an experienced Trust Accounting Specialist with a strong background in legal accounting and trust account management within a law firm. The role covers end-to-end accounting and administration of settlement funds, ensuring accuracy, compliance, and timely distributions.

Law firm experience is required. Training is onsite; a hybrid schedule becomes available after 30 days, and the ideal candidate will manage complex distributions with precision and