Accounts Receivable Clerk

Manatt, Phelps & Phillips, LLP•Los Angeles, CA

3d•Hybrid

About The Position

Manatt, Phelps & Phillips, LLP, a multidisciplinary, integrated national professional services firm with eleven offices across the United States and over 850 professionals, is seeking an Accounts Receivable Clerk for its Accounting Department. The Firm is known for its quality and commitment to clients, utilizing a groundbreaking approach that combines legal services, advocacy, and business strategy to provide distinct value. This role is crucial for managing cash receipts, updating cash flow, and supporting various financial and administrative functions within the department.

Requirements

2-3 years of accounts receivable experience with cash applications.
Ability to handle and maintain confidential information using sensitivity and discretion.
Ability to prioritize and complete multiple assignments.
Ability to calculate figures and amounts such as discounts, interest, and proportions.
Ability to maintain effective working relationships with team members, accounting department, billing attorneys, and clients.
Good sense of judgment, including recognition of when to escalate a problem.
Excellent organizational, problem-solving, and follow-up skills.
Excellent verbal and written communication skills.
Proficient in Microsoft Office with intermediate Word & Excel skills.
Demonstrated reliability and the ability to work both independently and collaboratively within a hybrid (remote and in-office) team environment.

Nice To Haves

College Degree
Aderant experience

Responsibilities

Enter and post cash receipts, adjustments, and credit applications.
Update the firm's Cashflow daily, including credits, disbursements, and transfers.
Create and distribute spreadsheets for daily deposit and collections to partners.
Send checks via scanner for remote deposit.
Handle foreign checks and deposit them at Comerica Bank.
Scan all daily deposits and backup into the shared drive.
Create a new cash sheet for the following day.
Reconcile cash flow to system entries and bank deposits.
Update the “Pending” spreadsheet daily and monitor the status and application of pending credits.
Monitor On Account Disbursements to ensure application of credits and process refunds.
Provide AR team with copies of checks, wires, CC payments, adjustment documentation, and credit applications.
Document and communicate cash posting problems with the A/R specialist.
Assist with special administrative projects as needed, including record maintenance.
Provide supporting documents for annual audit selections.
Assist the General Counsel’s office in connection with bad debt matters.
Notify Risk Management of payments received for bad debt clients.
Respond to internal and external inquiries regarding cash receipts, payment applications, invoices, collection status, and general information.
Work independently and within a team on special projects as needed.
Perform other duties as assigned.